Trump`s tariffs threaten global prosperity, warns Angela Merkel
(The Guardian China)

US levies on European and Chinese goods may also break WTO rules, says German leaderThe war of words over President Donald Trump´s threat to impose wide-ranging tariffs on imports from China and the European Union intensified on Friday after the German chancellor, Angela Merkel, said the levies threatened the incomes of workers across the world.Merkel described possible US tariffs on imported cars as a breach of World Trade Organization rules and `a real threat to the prosperity of many in the world` as Trump went on US television to say that he was ready to expand his roster of tariffs on Beijing to $500bn, covering almost every product imported to the US from China. Continue reading...