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Trade war escalates as China hit US with huge tariff

Trade war escalates as China hit US with huge tariff

China announced Wednesday massive retaliatory tariffs on US goods, sharply escalating a trade war started by President Donald Trump and fuelling fresh panic in global markets.

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China hawk Peter Navarro has Trump's ear

China hawk Peter Navarro has Trump's ear

President Donald Trump's punishing tariffs on countries around the world, including a 104 percent increase in duties on China, bear the fingerprint of Peter Navarro, a Harvard-trained economist who has long warned against a rising Beijing.

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How tariffs in the EU work

How tariffs in the EU work

Customs duties, or tariffs, have become a political punching ball as the European Union prepares to respond to US President Donald Trump's recent offensive.

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Gaza rescuers say 23 killed in Israel strike on residential block

Gaza rescuers say 23 killed in Israel strike on residential block

Gaza's civil defence agency said an Israeli strike on a residential building in Gaza City killed at least 23 people Wednesday, most of them children or women, as the military said it targeted a "senior Hamas" militant.

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'Catastrophe': Volkswagen town rattled by Trump trade war

'Catastrophe': Volkswagen town rattled by Trump trade war

The dour mood at Germany's crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a trade war against friends and foes alike.

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Premier League claims fifth Champions League spot

Premier League claims fifth Champions League spot

Arsenal's 3-0 win over Real Madrid means at least five Premier League teams will play in next season's Champions League, the English top flight confirmed on Wednesday.

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Race to save Sweden's 17th century warship in preservation project

Race to save Sweden's 17th century warship in preservation project

A Swedish museum has launched a massive four-year project to preserve the sagging hull of the Vasa, a majestic warship that sank nearly 400 years ago and is now one of Sweden's most popular tourist attractions.

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Russia demands France explain detention of government employee

Russia demands France explain detention of government employee

Russia said Wednesday that it was waiting for "explanations" from France after a Russian government employee was detained for hours at a Paris airport in what it called a "shameful spectacle".

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Equities, oil plunge as US, China crank up trade war

Equities, oil plunge as US, China crank up trade war

Stock markets tumbled along with oil and the dollar Wednesday as US President Donald Trump's sweeping tariffs against trading partners kicked in, triggering strong retaliation from China.

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Greek general strike hits transport and commerce

Greek general strike hits transport and commerce

More than 15,000 people took to the streets in Greece on Wednesday in the second 24-hour general strike this year, calling for higher wages to match the rising cost of living.

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