A New Trade War Offers No Easy Way Back for Old Global Order bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The US-China trade war has intensified with the use of tariffs and subsidies, impacting Europe and China. US Treasury Secretary Janet Yellen has warned of global business risks.
Commission President Ursula von der Leyen unveiled a de-risking strategy last year, but opposition from member states threatens to scupper some key measures.