Trump ‘always changes his mind,’ say exporters wary of trade deal

American and Chinese business leaders remain wary after President Donald Trump’s decision to delay an increase in tariffs, saying it’s too early to cheer an end to the trade war as both countries still have a long way to go in resolving their differences. The US will put on hold a plan to impose 25 […]

Germany to escape recession, says finance minister

BERLIN: Finance Minister Olaf Scholz said he expected Germany to escape recession, pointing to a subdued but upward trend in its and Europe’s economies. With the risk of trade conflicts and Britain’s looming European Union exit as a backdrop, recent data has pointed to a marked slowdown in Europe’s largest economy, which only just skirted […]

World shares breathe easy as Trump pushes out tariff deadline

LONDON: Equity markets across Europe and Asia rose on Monday after US President Donald Trump said he would hold off on hiking tariffs on Chinese imports, buoying hopes of a resolution to a trade war between the world’s two biggest economies. European stocks climbed 0.4 per cent to their highest since October, led by a […]