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Trump suggests lower China tariff, says 80% 'seems right!'
Trump suggests lower China tariff, says 80% 'seems right!'
by  AFP

US President Donald Trump signaled on Friday that he could lower tariffs on Chinese imports, as the rival superpowers prepare for trade talks over the weekend. Chinese official data on Friday showed that the country's global exports rose in April despite the trade war.

Swiss seize window of opportunity on Trump tariffs
Swiss seize window of opportunity on Trump tariffs
by  AFP

Switzerland will once again Friday try to talk its way out of punitive tariffs on its exports to the United States, which would have serious ramifications for Swiss jobs and businesses.

British Airways owner unveils big Boeing, Airbus order
British Airways owner unveils big Boeing, Airbus order
by  AFP

IAG, owner of British Airways and Spanish carrier Iberia, announced Friday a multi-billion dollar order for Boeing and Airbus planes, as it maintained its outlook despite economic uncertainty. The orders are in addition to those exercised in March for 12 Airbus and six Boeing planes, bringing the total number announced Friday to 71.

Japan's Panasonic targets 10,000 job cuts worldwide
Japan's Panasonic targets 10,000 job cuts worldwide
by  AFP

Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts worldwide as part of efforts to boost profitability. Job cuts would be needed "in order for us to perform at a competitive level against other firms", he told the Nikkei.