Trump Escalates Global Trade War, EU Races to Massive Defense Spending | The Opening Trade 03/05

Business

President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies and doubled an existing charge on China, spurring swift reprisals that plunged the world economy into a deepening trade war. Ursula Von Der Leyen spoke at the European Commission in Brussels on Tuesday laying out a Pan-European defense spending plan. Von Der Leyen also said that the EU will propose activating a fiscal escape clause, which could allow countries to use their national budgets to

Tag-uri: Donald Trump

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