Indeed, even if he had asked for a donation - which he hotly denies - that would not have been against the law... If there is to be an inquiry, it should be into the far more serious question of whether Peter Mandelson allowed his friendship with Mr Deripaska to influence EU policy
on aluminium tariffs?
It's also important to know whether the EU Trade Commissioner received the hospitality of a man who owns a company which could benefit from a favourable decision
on aluminium tariffs.
Not exact matches
U.S. President Donald Trump has given the EU and six countries until May 1 to negotiate permanent exemptions from
tariffs of 25 percent
on steel and 10 percent
on aluminium.
Separately, Japan's top government spokesman said
on Friday that Japan would continue to ask the United States to exempt it from Washington's plan to impose
tariffs on imports of steel and
aluminium.
President Donald Trump pressed ahead with the imposition of 25 percent
tariffs on steel imports and 10 percent for
aluminium on Thursday but exempted Canada and Mexico.
President Donald Trump pressed ahead with the imposition of 25 percent
tariffs on steel imports and 10 percent for
aluminium on Thursday but exempted Canada and Mexico, backtracking from earlier pledges of
tariffs on all countries.
U.S»
tariffs on steel and
aluminium will have a «big impact»
on economic ties between Japan and the U.S., Japan's foreign minister said.
The United States» decision to impose
tariffs on steel and
aluminium was «regrettable» and will likely have a «big impact»
on economic ties between Japan and the United States, Japanese Foreign Minister Taro Kono said in a statement
on Friday.
PODCAST: In this Business News podcast Mark Pownall and Matt Mckenzie discuss 40under40, international student market, road infrastructure, rich list, US steel and
aluminium tariffs, Yagan Square, rugby union, and our special report
on oil and gas.
The European Union should unite in response to any U.S.
tariffs on its steel and
aluminium exports — and it could retaliate alongside other nations from outside Europe, the French economy and finance minister told CNBC.
Trump
on Thursday pressed ahead with the imposition of 25 percent
tariffs on steel imports and 10 percent for
aluminium on Thursday, though he announced exemptions for Canada and Mexico, and said exceptions could also be made for other allies.
U.S. RESTRICTIONS: U.S. officials are pushing for quotas and «other restrictions»
on steel and
aluminium imports, a top trade official said after the White House announced a month - long extension of
tariff exemptions for Canada, Mexico and the European Union.
Japan also said
on Friday that Japan would continue to ask the United States to exempt it from Washington's plan to impose
tariffs on imports of steel and
aluminium.
The reports follow a recent decision from President Trump to impose a 25 percent
tariff on steel and another of 10 percent
on imported
aluminium.
The market got a small relief after the United States decided to postpone its deadline
on steel and
aluminium tariffs for the European Union, Canada and Mexico to June.
CNBC's Willem Marx reports from Brussels, Belgium,
on the European Union's response to President Donald Trump's proposed steel and
aluminium tariffs.
Andrew Kenningham, chief global economist at Capital Economics, speaks about the potential impact of U.S. - imposed
tariffs on steel and
aluminium.
TOKYO, May 1 - U.S. stock futures pared small losses while Australian shares hit seven - week highs
on Tuesday after the United States extended the deadline for its steel and
aluminium tariffs to take effect.
BERLIN, May 2 - A top German minister urged EU states to agree a common stance to negotiate with the United States
on trade, acknowledging differences with France, after President Donald Trump extended a temporary reprieve for the EU
on steel and
aluminium tariffs.
SYDNEY, March 16 (Reuters)- The Association of Southeast Asian Nations (ASEAN) and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said
on Friday, amid fears about a possible trade war sparked by U.S. plans to raise
tariffs on steel and
aluminium imports.
The anti-protectionism comments come as market sentiment sours with signs of a looming trade war between the United States, China and Europe over U.S. President Donald Trump's plans to raise
tariffs on steel and
aluminium imports, and possibly up to $ 60 billion worth of Chinese imports, targeting technology and telecommunications sectors.
SYDNEY, March 16 - The Association of Southeast Asian Nations and Australia reject protectionism, Australian Prime Minister Malcolm Turnbull and his Singapore counterpart said
on Friday, amid fears about a possible trade war sparked by U.S. plans to raise
tariffs on steel and
aluminium imports.
These moves include punitive
tariffs on steel and
aluminium, announced earlier this month, and expectations that Trump will target China specifically with new import taxes
on its products.
President Donald Trump has postponed the imposition of steel and
aluminium tariffs on Canada, the European Union and...
MELBOURNE, May 1 - London
aluminium and zinc prices slipped
on Tuesday after the United States delayed
aluminium and steel
tariffs for some countries and announced permanent exemptions for others, raising the prospect of better metal supply.
President Donald Trump has postponed the imposition of steel and
aluminium tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for...
The Canadian dollar hit an eight - month low of C$ 1.3002 per U.S. dollar as U.S. President Donald Trump used proposed
tariffs on steel and
aluminium as a bargaining chip in talks to revamp NAFTA.
Wall Street shares have now recouped all the losses incurred after Trump unveiled a plan to impose
tariffs on steel and
aluminium late
on Thursday.
TOKYO, March 6 (Reuters)- Asian shares regained some ground
on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and
aluminium tariffs, easing investor worries about an imminent trade war.
WASHINGTON, March 7 - The White House raised the possibility
on Wednesday that impending hefty U.S.
tariffs on steel and
aluminium imports could exclude a clutch of countries besides Canada and Mexico as President Donald Trump looked set to authorize the measures as early as Thursday.
These concerns are greatly magnified by the decision last week to impose across the board
tariffs on steel and
aluminium.
Last month, the US administration decided to trigger Section 232, imposing unilateral
tariffs on steel and
aluminium.
The possibility that temporary exemptions
on steel and
aluminium tariffs might expire for several US allies also weighed
on US stocks.
And the deal
on cars addresses the complaints in the American automobile industry that
tariffs on steel and
aluminium drive up the price of American vehicles and thereby put jobs in this industry in danger.
After all, the EU has, just like the U.S, nothing to gain from a trade war which is very likely to emerge if Europe does not give in and retaliates against the
tariffs on steel and
aluminium.
The ifo trade expert Gabriel Felbermayr sees the transatlantic
tariff dispute as, «the deepest trade policy crisis of the post-war era, regardless of whether US President Donald Trump decides to postpone
tariffs on 186 European steel and
aluminium products, or postpone this measure again.»
US President Donald Trump's decision to levy import
tariffs on steel and
aluminium typifies the administration's scattergun approach to trade policy: many victims, a lot of friendly fire and hitting all the wrong targets.
On April 19, he added, the government had made a formal request to join China's dispute settlement consultation session with the US on the 23.6 per cent tariff proposed for aluminium products imported from five markets, including Hong Kon
On April 19, he added, the government had made a formal request to join China's dispute settlement consultation session with the US
on the 23.6 per cent tariff proposed for aluminium products imported from five markets, including Hong Kon
on the 23.6 per cent
tariff proposed for
aluminium products imported from five markets, including Hong Kong.
The European Union is ready to react to U.S. steel and
aluminium tariffs but still hopes they can be avoided, European Commissioner for Trade Cecilia Malmstrom said
on March 7.
Europe will retaliate if U.S. President Donald Trump slaps
tariffs on steel and
aluminium imports.
This belief risks being tested should Trump go ahead with planned
tariffs on steel and
aluminium as it raises the risk of a trade war that would damage growth and punish stocks.
CEOs from some of America's leading food and beverage companies and trade associations have joined the American Beverage Association, Beer Institute, and Can Manufacturers Institute in sending a letter to president Donald Trump requesting that he refrain from imposing
tariffs or import restrictions
on cansheet, primary
aluminium, and scrap.
US President Donald Trump's announcement of
tariffs on steel and
aluminium imports has raised fears of a trade war.
China has imposed
tariffs of up to 25 %
on 128 US imports, including pork and wine, after US President Donald Trump raised duties
on foreign steel and
aluminium imports in March.
Beijing has introduced duties of up to 25 %
on 128 American imports following President Donald Trump's decision to slap
tariffs on steel and
aluminium.
Comics, including Colbert, Trevor Noah and Jimmy Kimmel, discussed Trump's steel and
aluminium tariffs and Sam Nunberg
on TV
However, these concerns were quickly abated as investors stopped listening to President Trump's language and focused more
on his actions, such as proposing wide exemptions to his steel and
aluminium tariffs.
When Donald Trump recently announced
tariffs on steel and
aluminium imports he was condemned by proponents of free trade across the world.
on aluminium and steel, China imposed 25 % extra
tariff on certain US products which include fruits, nuts, wine as well as frozen pork.
Asian shares found relief
on Thursday after US President Donald Trump signalled there might some exemptions to his proposed
tariffs on steel and
aluminium.