Top Spain Stainless Steel Maker Wants EU to Be More Like Trump on Trade
Only outright tariffs can counter the wave of cheap Asian supplies that a safeguard system under the World Trade Organization's free-trade rules has failed to contain, said Bernardo Velazquez, chief executive officer of Spain's Acerinox SA.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
Karl-Heinz Rummenigge disappointed Florian Wirtz chose Liverpool over Bayern Munich
Florian Wirtz is officially a Liverpool player having completed a move from Bayer Leverkusen for what has been reported to be an initial fee of €125 million fee with another €15 million in performance-based add-ons included. He's signed a five-year deal with the reigning Premier League champions, keeping him on Merseyside through 2030 and putting the proverbial nail in the coffin for Bayern Munich, who fully expected him to be joining them before Liverpool swooped in. For the better part of the past six to seven months, Bayern seemed like the natural, logical next step for Wirtz and the player himself indicated interest in making that leap. Former Bayern president Uli Hoeneß had been in routine contact with the player's family to try to seal the deal and explain the plan that the club had for the 22-year old, but in the end, he decided to go to Liverpool. It's been heavily suggested that conversations with manager Arne Slot had a lot to do with Wirtz choosing Liverpool over Bayern, especially knowing that he'll be solidified in the number 10 role there. Advertisement Former Bayern CEO Karl-Heinz Rummenigge expressed the sentiment shared by most Bayern fans when he recently expressed his disappointment with the German Rekordmeister having missed out on such a generational talent. 'Generally speaking, I think it's a pity. We've always had the philosophy that the best German players should play for FC Bayern. We gave it our all; in this case, no one made a mistake. It's Florian's decision – and we have to accept it,' Rummenigge explained in a recent interview with Welt Am Sonntag (via @iMiaSanMia). Meeting – 49th UEFA Ordinary Congress When both Rummenigge and Hoeneß were both still in office at Bayern, they had often dreamed about Hoeneß's desire for 'FC Deutschland,' in wanting to have all of the best German players playing for Bayern. The heavy contingent of Bayern players always being picked for the German national team were often reflective of that dream being, for all intents and purposes, somewhat of a reality, though it has started to trend in the opposite direction in recent years. Advertisement Nonetheless, Bayern is continuously competing with the undertones of top talents choosing the Premier League over the Bundesliga with the allure that the English top flight has. Harry Kane's move to Munich from Tottenham had hallmarks of helping reduce that polarity, but the economic state of disparity between the Premier League and the German top flight is always growing larger. More from
Bloomberg
30 minutes ago
- Bloomberg
Asia Stuck in Trump's Tariff Sights as Deadline Shifts to Aug. 1
Asia's export-dependent economies received more time but little reprieve, as US President Donald Trump shifted his tariff deadline to Aug. 1 and rounded the rates he's set for Japan, South Korea and others. In his first wave of letters to key trading partners, Trump set levies of 25% on goods from Japan and South Korea. He also signed an executive order holding off the new duties until Aug. 1.
Yahoo
34 minutes ago
- Yahoo
Trump Promises More Weapons for Ukraine and Criticizes Putin
(Bloomberg) -- President Donald Trump said he'd ship more weapons to Ukraine, marking an apparent reversal after the Pentagon halted flows of some air-defense missiles and artillery shells to the country. Are Tourists Ruining Europe? How Locals Are Pushing Back Foreign Buyers Swoop on Cape Town Homes, Pricing Out Locals Trump's Gilded Design Style May Be Gaudy. But Don't Call it 'Rococo.' Denver City Hall Takes a Page From NASA In California, Pro-Housing 'Abundance' Fans Rewrite an Environmental Landmark 'We're going to send some more weapons,' Trump told reporters at the start of a dinner with Prime Minister Benjamin Netanyahu at the White House on Monday evening. 'We have to. They have to be able to defend themselves. They're getting hit very hard now.' Trump didn't specify what the US would provide except to say the armaments would be 'defense weapons primarily.' The president's comments will offer a measure of relief to Ukraine's President Volodymyr Zelenskiy, who spoke with Trump on Friday in an effort to get the halt lifted. Trump has also tried to broker peace in talks with Moscow, which have so far failed to end the war. Russia has been pounding Kyiv and other Ukrainian cities with record numbers of drones and missiles. Trump lamented the thousands of people who have been killed and said he wasn't happy with President Vladimir Putin for keeping up attacks. 'I'm disappointed, frankly, that President Putin hasn't stopped,' Trump said. 'I'm not happy about it.' The Pentagon said last week the pause was necessary while the US reviews its stockpiles and weighs the need to save weapons for other threats. While stockpile numbers are classified, the weapons Ukraine needs most aren't urgently required elsewhere and there was no immediate need to deny the country weapons that were already on their way, they said. The Wall Street Journal reported earlier Monday that Trump had told Zelenskiy in the Friday phone call he'd ordered a review of Pentagon munitions stockpiles after the US attack on Iran last month but didn't order the halt. White House spokeswoman Karoline Leavitt told reporters Monday that Defense Secretary Pete Hegseth had ordered the review when he took office. SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too 'Telecom Is the New Tequila': Behind the Celebrity Wireless Boom For Brazil's Criminals, Coffee Beans Are the Target Sperm Freezing Is a New Hot Market for Startups Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
