(© picture-alliance/dpa)

  Trade dispute

  15 Debates

The World Trade Organization (WTO) has authorised the US to impose punitive tariffs on around seven billion euros worth of EU imports per year. The arbitrators approved this as a retaliatory measure against illegal subsidies granted to European aircraft manufacturer Airbus. Following the ruling Washington announced it would impose tariffs on olives, cheese and whisky as well as aircraft. Commentators outline the potential repercussions.

After the Chinese yuan plummeted on Monday vis-à-vis the US dollar the Chinese economy has recovered somewhat. The devaluation makes Chinese exports cheaper in the dollar area. Politicians in the US are now considering weakening the dollar through targeted sales. Commentators warn against using the exchange rate as a weapon.

Donald Trump has threatened China with penal tariffs to the tune of 300 billion dollars on goods that have not been affected by the US sanctions so far. The new tariffs would take effect on 1 September and could affect mobile phones, laptops and toys. China has threatened countermeasures. Commentators note that these sanctions are losing their shock impact in this era of trade wars.

The trade war between the US and China is coming to a head. Settlement talks ended last week without results. Shortly beforehand Trump had raised import duties on Chinese goods to 25 percent. Beijing announced countermeasures, threatening Washington with further tariffs. What's behind this conflict and what damage is it doing?

The US and China are making a fresh attempt to settle their trade dispute. A US delegation will be in Beijing for talks on Monday and Tuesday. Who is hardest hit by the trade war: Beijing, Washington or uninvolved third parties?

US President Donald Trump has announced new tariffs to the tune of 200 billion dollars on Chinese goods, further escalating the trade dispute. The move means around half of all imports from China will be subject to tariffs. Commentators believe that the tough line could well be successful.

The US has reached a deal with Mexico to reduce tariffs. Negotiations with Canada are next in line. Since he came to power Trump has been calling for the Nafta agreement between the United States, Mexico and Canada to be revised, because in his opinion it puts the US at a disadvantage. Is the result of the negotiations a success for Trump and free trade?

The danger of an imminent escalation of the trade dispute with the US seems to have been averted in the wake of the agreement reached between US President Trump and EU Commission President Juncker. But Trump's attacks will continue because they are justified, some commentators believe. And Europe must take care not to alienate Asia through its compromises with the US, others warn.

EU Commission President Jean-Claude Juncker is due to arrive in Washington today for talks with Donald Trump in a bid to avoid a trade war between the US and the EU. Europe's media offer their advice as to how he can hold his own against the US president.

In the ongoing trade dispute with the US the EU has raised import tariffs for a number of US goods. Tariffs for products like whisky, jeans and motorbikes were increased in retaliation for Donald Trump's import duties on European steel and aluminium products. Commentators support the move, even voicing hopes that the row will ultimately leave the EU in a better position.

The Chinese government introduced tariffs of between 15 and 25 percent on 128 products from the US on Monday. The move is widely regarded as a reaction to the US's tariffs on Chinese steel and aluminium exports. China's countermeasures highlight the dangers Trump's trade policy entails for the global economy, commentators write, and call on Europe to take a stand.

The US has now imposed tariffs on steel and aluminium imports from the EU, Mexico and Canada. Several of the countries affected by the measure have already made it clear that they plan to take concerted action against the measures. In Canada too, journalists are calling for a tough stance against Trump. But one European country is particularly concerned about the situation.

The EU will remain exempt from tariffs on steel and aluminium for now. President Trump has postponed the decision until the start of June. Concerns about a looming trade war continue to dominate Europe's opinion pages. Some media believe, however, that the tension is being artificially maintained.

The meeting of the G20 finance ministers in Argentina also ended without any steps against the US tariffs on steel and aluminium, which will go into effect on Friday. The EU and China may now soon respond with counter-measures. But isn't people's faith in the advantages of free trade a myth anyway?