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EU Ready To Respond If U.S. Starts Trade War


© AFP / by Clément ZAMPA | Trump’s planned tariffs on steel and aluminium have triggered fears of a trade war

BRUSSELS (AFP) – The EU will Wednesday set out plans to strike back against US President Donald Trump’s threatened steel and aluminium tariffs, with flagship US products such as jeans, motorbikes and whiskey in the crosshairs.The blow by Brussels will land hours after Trump’s trade offensive brought the resignation of his top economic advisor Gary Cohn, an influential ex-Goldman Sachs banker who fiercely opposed the measures. 462 more words

Lakshmi Mittal meets Jaitley on Essar Steel bid, conveys 'serious interest'

Lakshmi Mittal, promoter of the world’s largest steelmaking company, ArcelorMittal, said there had been no communication on any of their bid for Essar Steel. And, that he had conveyed ‘serious interest’ in acquiring the financially beleaguered Ruia company in a meeting with Union finance minister Arun Jaitley on Friday. 388 more words

Forbes India rich list is out: Ambani richest with $38 bn net worth, Premji 2nd

Mukesh Ambani remains India’s wealthiest with a net worth of $38 bn, Azim Premji distant second

Today’s Paper : Indeed, even as the nation is confronting financial hiccups and the administration confronting reactions from different quarters over its treatment of the economy, the wealthiest individuals in India don’t appear to be influenced. 130 more words

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