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Germany’s Altmaier: US tariff decision is a 'big mistake'

Germany's Economy Minister Peter Altmaier is on the wires now, via German radio, expressing his take on the US’ decision to impose tariffs on steel and aluminum on Canada, Mexico and the European Union (EU).

Key Headlines:

Annoyed and concerned by US' decision.

It is in everyone's interest to avoid further escalation.

Will take a few days until countermeasures are possible.

EU and US remains close partners despite trade, Iran issues.

China: Manufacturing conditions improving - Westpac

Elliot Clarke, Research Analyst at Westpac, notes that in contrast to many other major nations across the globe, China’s official PMI survey highlight
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Russia HSBC Manufacturing PMI down to 49.8 in May from previous 51.3

Russia HSBC Manufacturing PMI down to 49.8 in May from previous 51.3
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