Source: China – South China Morning PostThere are fresh worries across Europe’s factory floors. The US has started applying steel and aluminium tariffs to a growing list of finished goods. In August, Washington added 407 new items to the tariff list. These include parts for wind turbines, cranes, bulldozers, railcars, motorcycles, marine engines, appliances and furniture.
It marks a shift from raw materials to the everyday components Europe sells to American buyers. Earlier in June, the White House had already doubled the tariff rate…Read More