China’s customs chief and trade warrior Yu Jianhua dies aged 63 after sudden illness

China’s customs chief and trade warrior Yu Jianhua dies aged 63 after sudden illness

China’s customs chief Yu Jianhua, who helped China fight its trade war with the US during Donald Trump’s first term in the White House, has died suddenly aged 63. Yu was suddenly taken ill on Tuesday and died despite receiving emergency treatment, the customs office said in a statement. He had made his last public … Read more

Europe in the line of fire as Trump threatens trade war with China – POLITICO

Europe in the line of fire as Trump threatens trade war with China – POLITICO

“The number one issue is not NATO, not even Ukraine, as serious as that is. The number one issue is the displacement of Chinese exports that are going to the U.S. and will now go to Europe,” said Anthony Gardner, who served as U.S. ambassador to the European Union just before Trump’s first mandate. “There … Read more

Franco-German fight over South American trade deal threatens EU rupture – POLITICO

Franco-German fight over South American trade deal threatens EU rupture – POLITICO

For the French, von der Leyen’s Montevideo trip is anathema. Hatred of the Mercosur deal with Argentina, Brazil, Uruguay, Paraguay and Bolivia permeates the whole political class. The French fear the accord will undermine their farmers with a tide of cheap poultry and beef from Latin America — and will whip up popular rage against … Read more

A ‘serious storm’ is on the horizon if the French government falls – POLITICO

A ‘serious storm’ is on the horizon if the French government falls – POLITICO

However, as parliamentary proceedings have played out, it has become increasingly clear that to pass his budget, Barnier will need to use a constitutional back door that allows him to enact legislation without a vote — but in turn allows lawmakers to put forward motions of no confidence. An alliance of pan-left lawmakers has already vowed … Read more

Trump 2.0 is already stoking divisions within the European Central Bank – POLITICO

Trump 2.0 is already stoking divisions within the European Central Bank – POLITICO

He appeared to get support on Thursday from the influential Bank of France Governor François Villeroy de Galhau, who argued that “the balance of risks on growth and inflation is … shifting to the downside,” and that possible U.S. tariffs are unlikely to change the eurozone inflation outlook in particular. The ECB cut its benchmark … Read more

Macron lambasts G20 failures, makes veiled digs at Trump – POLITICO

Macron lambasts G20 failures, makes veiled digs at Trump – POLITICO

During the campaign ahead of the Nov. 5 presidential election in the U.S., Trump said he would pull his country out of the Paris climate agreement, something he did in 2017 during his first term. Current U.S. President Joe Biden had the U.S. rejoin the pact in one of his first acts upon assuming office … Read more

UK’s Reeves pledges to ‘work closely’ with Trump as tariff threat looms – POLITICO

UK’s Reeves pledges to ‘work closely’ with Trump as tariff threat looms – POLITICO

The chancellor made the remarks while speaking Thursday night at her first Mansion House event, where she also outlined reforms to boost the City of London by allowing extra risk in the U.K. financial system, among other policy maneuvers. Donald Trump won the U.S. election in a landslide last week, and has pledged to impose … Read more

Trump’s tariff war is imminent, Macron and Draghi warn Europe – POLITICO

Trump’s tariff war is imminent, Macron and Draghi warn Europe – POLITICO

The Trump administration “will continue to protect [its interests] at the risk of dismantling value chains between Europeans and Americans,” Macron warned, while urging Brussels to take action with a more aggressive trade policy of its own, building on the example of recent EU tariffs on Chinese electric vehicles. “Trump’s election is a moment of … Read more

We can be pals with both Trump and the EU – POLITICO

We can be pals with both Trump and the EU – POLITICO

Keir Starmer flies into a COP29 climate summit overshadowed by Donald Trump’s reelection. Does the climate-conscious British PM have the will (and the cash) to fill a climate leadership vacuum? 4 HRS ago 5 mins read Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In … Read more

Exclusive | Trump’s comeback no surprise for China – and this time Beijing is prepared

Exclusive | Trump’s comeback no surprise for China – and this time Beijing is prepared

Donald Trump’s imminent return to the White House was not the surprise it was when he won his first term, Chinese officials have said, and this time, policy strategy and contingencies have been planned well in advance. When Trump won the 2016 US presidential election, Beijing, like the rest of world, was caught off guard … Read more