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Nazi-themed goods found on Amazon marketplace

Nazi-themed goods found on Amazon marketplace

Technology
Amazon is helping hate groups profit by letting them sell Nazi-themed goods on its store, a report suggests.The study found many hate groups were selling goods on Amazon's store branded with Nazi imagery, including clothing, jewellery and replica military regalia.Some hate groups were also selling music and books celebrating their views via Amazon, it said.Amazon has now removed some listings and said anyone who broke its guidelines would face "swift action".Slow responseThe report by two US organisations, the Partnership for Working Families and the Action Center on Race and the Economy, looked at the way white supremacist groups used Amazon to fund themselves.It said Amazon's "weak and inadequately enforced" policies gave racis...
EU retaliatory tariffs on raft of US goods go into force

EU retaliatory tariffs on raft of US goods go into force

World
The European Union started enforcing tariffs Friday on American imports like bourbon, peanut butter and orange juice, part of a growing global trade rift that's likely to intensify over the next few weeks. The EU tariffs on $ 3.4 billion worth of U.S. products are in retaliation for duties the Trump administration has imposed on European steel and aluminum. The EU trade commissioner has acknowledged that the EU targeted some iconic American items to put political pressure on U.S. President Donald Trump and senior U.S. politicians. European Commission spokesman Alexander Winterstein said the EU's response is proportionate and reasonable. Daniel Gros, director for Economy and Finance at the Center for European Policy Studies, said that in a trade war everyone stands to lose, but the U.S. h...
EU tariffs on US goods come into force

EU tariffs on US goods come into force

World
Media playback is unsupported on your device The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump's trade policy. The duties on €2.8bn (£2.4bn) worth of US goods came into force on Friday. Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.European Commission president Jean-Claude Juncker said duties imposed by the US on the EU go against "all logic and history".Addressing the Irish parliament in Dublin, he added that "we will do what we have to do to rebalance and safeguard" the EU.How did this start?The Trump administration announced in March that it would introduce tariffs of 25% on steel and 10% on alum...
Cost of some US goods to rise by 25% on Friday

Cost of some US goods to rise by 25% on Friday

Business
The EU has said its retaliatory tariffs on US goods will kick-in from Friday - six weeks after America slapped import duties on the bloc's steel and aluminium products. Officials in Brussels, spearheading the member states' response, said the list of US imports that will now face an extra duty at the EU border includes steel and aluminium products, agricultural goods and a variety of other products.Duties of 25% will be applied to the raft of US goods worth €2.8bn - including bourbon, make-up and motorbikes - from 22 June.The move has the potential to make many items commonly sold on supermarket shelves - like long grain rice, cranberry juice, orange juice and sweetcorn - jump in price.There is also a notable addition at the end of the long list of products - a 10% ta...
China targets $3 billion of US goods in tariff spat

China targets $3 billion of US goods in tariff spat

Technology
China announced a $ 3 billion list of U.S. goods for possible retaliation in a tariff dispute with President Donald Trump and girded Friday for a bigger battle over technology policy as financial markets sank on fears of global disruption. The Commerce Ministry said higher duties on pork, apples, steel pipe and other goods would offset Chinese losses due to Trump's tariff hike on steel and aluminum imports. It urged Washington to negotiate a settlement but set no deadline. Trump said Friday that he was not concerned that the tariffs would be a drag on the stock market. He added: "China is going to end up treating us fairly." In a separate and potentially bigger dispute, the ministry criticized Trump's decision Thursday to approve a possible tariff hike on Chinese imports worth up to $ 60 ...