Tit for tat

Europe would be better off sitting at the negotiating table with the US rather than immediately imposing countermeasures on trade tariffs, European Central Bank President Christine Lagarde said.

South Korea said on Aug.12 it plans to drop Japan from its "white list" of countries with fast-track trade status from September, a tit-for-tat move that deepens a diplomatic and trade rift between the two countries.

The U.S. Chamber of Commerce has warned President Donald Trump against "alienating allies in a tit-for-tat trade war" in a statement on  U.S.-Turkey economic relations.

This idea comes from Danish rime Minister Lars Lokke Rasmussen, who on Tuesday said he was "in talks with other European leaders about establishing this camp," Reuters is reporting.

The Russian foreign ministry announced on March 16 it will expel 23 British diplomats within a week in a tit-for-tat response to London’s measures over the poisoning of a former Russian double agent and his daughter.

China has launched an anti-dumping investigation into sorghum imports from the United States, spurring worries of a brewing tit-for-tat trade war between the world’s top two economies.

The decision by German authorities to increase security checks of passengers arriving from Greece at airports around the country appears to have cast a shadow over relations with Berlin.