U.S., EU end Trump-era tariff war over steel and aluminum
- 31-Oct-2021
WASHINGTON/ROME: The United States and European Union have agreed to end a festering dispute over U.S. steel and aluminum tariffs imposed by former President Donald Trump in 2018, removing an irritant in transatlantic relations and averting a spike in EU retaliatory tariffs, U.S. officials said on Saturday. Commerce Secretary Gina Raimondo told reporters that the […]
Trump announces ‘doubling’ of tariffs on steel, aluminum from Turkey
- 10-Aug-2018
WASHINGTON: US President Donald Trump said Friday he had doubled steel and aluminum tariffs on Turkey, adding to pressure on that nation’s troubled economy amid a diplomatic row with Washington. “I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward […]
U.S. allies hit back at Washington’s steel, aluminum tariffs
- 01-Jun-2018
WASHINGTON/PARIS: Canada and Mexico retaliated against the U.S. decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war. The tariffs, announced by U.S. Commerce Secretary Wilbur Ross in a telephone briefing on Thursday, ended months […]
Trump defiant after criticism of steel and aluminium tariffs
- 02-Mar-2018
BRUSSELS/BEIJING: U.S. President Donald Trump said on Friday trade wars were good and easy to win, striking a defiant tone after global criticism of his plan to slap tariffs on imports of steel and aluminium that triggered a slide in world stock markets. The European Union pledged firm counter-measures, China urged Trump to show restraint […]
New aluminum battery for smartphones can be charged in a minute
- 08-Apr-2015
LONDON: U.S. scientists said they have invented a cheap, long-lasting and flexible battery made of aluminum for use in smartphones that can be charged in as little as one minute.