US-Turkey tensions unabated

US-Turkey tensions unabated

(VOVWORLD) - Relations between the two NATO allies, the US and Turkey, are tense over Turkey’s detention of American pastor Andrew Brunson. Instead of seeking a compromise, Turkey has accelerated cooperation...
US-Turkey strained relations

US-Turkey strained relations

(VOVWORLD) - Turkish President Tayyip Erdogan said on Saturday that Turkey is planning to use its Lira currency instead of USD in commercial transactions with its major trading partners, including Russia, China,...
US-China trade war escalates

US-China trade war escalates

(VOVWORLD) - The Chinese Ministry of Commerce announced a 25 percent tariffs on 16 billion USD worth of US goods as of August 23. China's announcement comes after the US....
US announces tariffs on Chinese goods

US announces tariffs on Chinese goods

(VOVWORLD) - The first round of the US’s 25% punitive tariffs on Chinese goods will hit 50 billion USD starting on August 23, the US government announced on Tuesday
German industry groups warn US on tariffs

German industry groups warn US on tariffs

(VOVWORLD) -German industry groups warned on Sunday, that tariffs the US has recently imposed or threatened to impose risk harming the US itself. The warning was given ahead of a meeting...
EU- Japan FTA opposes trade protectionism

EU- Japan FTA opposes trade protectionism

(VOVWORLD) - The European Union and Japan have signed a free trade agreement after 5 years of negotiations. In the context of spreading trade protectionism, US President Donald Trump’s “America first” policy...
Negative impact of US-China trade war

Negative impact of US-China trade war

(VOVWORLD) - The US and China have embarked on a trade war which is likely to continue as the world’s two biggest economies show no sign of backing down. The...