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Trump tariff rollercoaster complicates ECB rate call
Trump tariff rollercoaster complicates ECB rate call
Business and Economy
by  AFP

US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting this week to decide whether to lower eurozone interest rates again. But Trump's move to impose sweeping tariffs on the European Union and the rest of the world increased the chances of another reduction in interest rates, according to observers.

Xi warns protectionism 'leads nowhere' as starts SE Asia tour
Xi warns protectionism 'leads nowhere' as starts SE Asia tour
Business and Economy
by  AFP

Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam. He also reiterated Beijing's line that a "trade war and tariff war will produce no winner, and protectionism will lead nowhere", the agency added.