China's foreign ministry had earlier said the country will never surrender to external pressure after Washington renewed threat to impose tariffs on all Chinese imports in an escalating trade dispute.
The European Union expanded its tax haven blacklist by 10 countries, adding the United Arab Emirates and Bermuda despite the objections of powerful member states.
The White House received a Commerce Department report on the auto industry that could trigger tariffs against imported cars and intensify tensions with Europe.
The world's two biggest economic powers have now slapped tit-for-tat tariffs on a combined $100 billion of products since early July, with more in the pipeline, adding risks to global economic growth.
The tit-for-tat measures are the latest escalation in an increasingly protracted trade dispute between the world's two largest economies.
French Finance Minister Bruno Le Maire said on Sunday that the EU should take united action against possible further tariffs on the European goods by the US. Earlier, Germany announced that it would back a lowering of EU levies on imports of US cars.
For years, the world’s super rich and multinational corporations have used offshore centres to conceal profits, evade taxes and hide their wealth. Can this daylight robbery be stopped?
The Paradise Papers published by the International Consortium of Investigative Journalists shows the offshore holdings of global elites.
The European Commission ruling is part of a drive against sweetheart tax deals that smaller states in the bloc offer multinational companies to lure jobs and investment.
International panel of experts declares final report on Mexico, accusing its government of withholding key evidence in the 43 missing students case.
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