Transformation of China’s supersized market will suit Italian investors: Wang Yi

Transformation of China’s supersized market will suit Italian investors: Wang Yi

Beijing is committed to a “fair” playing field for Italian investors, top diplomat Wang Yi pledged in Rome on Wednesday, as he courted international support for China’s next five-year plan. Addressing a joint press conference with his Italian counterpart Antonio Tajani, the Chinese foreign minister also announced a further extension to Beijing’s unilateral visa-free entry…

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EU agonizes over using its trade ‘bazooka’ to hit back at Trump’s mega tariff – POLITICO

EU agonizes over using its trade ‘bazooka’ to hit back at Trump’s mega tariff – POLITICO

The final list of countermeasures prepared by the Commission to respond to Trump’s steel and aluminum tariffs, which entered force on March 12, will not fully match their estimated impact of €26 billion on EU exports, Trade Commissioner Maroš Šefčovič said after the talks. That’s less than originally intended after EU countries lobbied to remove…

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Brussels vows ‘firm’ response to threatened Trump tariffs as EU braces for trade war – POLITICO

Brussels vows ‘firm’ response to threatened Trump tariffs as EU braces for trade war – POLITICO

“It’s important that we don’t divide the world with numerous tariff barriers,” Scholz said on Sunday after meeting with British Prime Minister Keir Starmer in the U.K. The EU is “a strong economic area and has its own courses of action,” Scholz said. In contrast, German Finance Minister Jörg Kukies urged Europeans to keep calm…

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