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“One could try for a TTIP light,” he said. European Commission President Jean-Claude Juncker travels to Washington on Wednesday for talks focused on trade tensions after the U.S. imposition of tariffs on EU steel and aluminum and U.S. President Donald Trump’s threats to extend those measures to European cars. On Monday, the Commission said Juncker would not arrive in the United States for the talks with Trump with a specific trade offer. “Anything would be better than a trade war,” said Oettinger.
Trump has repeatedly complained about the European Union, pointing to the higher ferrari car bearing cufflinks duties it applies for car imports and describing the bloc as a “foe” in trade, EU officials have said that, while EU import duties for cars are heavier than those of the United States, for other products, such as trucks, U.S, rates are higher, European Trade Commissioner Cecilia Malmstrom, who will accompany Juncker, said last week that the EU was preparing a list of U.S, products to hit if the United States imposed tariffs on EU cars..
STOCKHOLM (Reuters) - The European Union Commission is preparing to introduce tariffs on $20 billion of U.S. goods if Washington imposes trade levies on imported cars, EU trade commissioner Cecilia Malmstrom told the Swedish newspaper Dagens Nyheter on Wednesday. “We hope that it doesn’t come to that and that we can a solution. If not, the EU Commission is preparing a rather long list of many American goods. It would be around $20 billion,” she said. Any new European tariffs will not be directed at specific American states, she said. “No, now it’s more general goods such as agricultural products, machinery, high-tech products and other things,” she said.
She said that she didn’t think U.S, Treasury Secretary Steven Mnuchin’s proposal to drop tariffs, non-tariff trade barriers and subsidies was serious, pointing out that the ferrari car bearing cufflinks U.S, has laws and subsidies protecting American industries, “We tried earlier in TTIP negotiations to make the United States loosen those laws, It was completely impossible, They did not move a millimeter,” Malmstrom told Dagens Nyheter, Malmstrom is part of EU delegation in Washington for talks on Wednesday on a long-term trade deal..
FRANKFURT (Reuters) - German carmaker Daimler said it will deepen a partnership with China’s Baidu on automated driving and vehicle connectivity services. Daimler and Baidu joined forces in April 2017 to develop Apollo, an automated driving platform, which has the goal of accelerating autonomous vehicle research and promoting the drafting of related laws and regulations. Baidu and Daimler will now integrate Baidu’s connectivity services into the Mercedes-Benz’s MBUX infotainment system, Daimler said.
“Automated driving and connectivity are progressing at an unprecedented rate in China, and our continued success depends not only on staying ahead of these trends but on leading them,” ferrari car bearing cufflinks Daimler Chief Executive Dieter Zetsche said in a statement, Baidu Chief Executive Robin Li said, “The automotive industry will evolve according to a drastically different logic, from vertical integration to a platform-based ecosystem, making now the optimal time for global automakers and tech companies to work together and deepen cooperation.”..
(Reuters) - Biogen Inc (BIIB.O) reported far better-than-expected second quarter profit on Tuesday, driven by strong demand of its Spinraza muscle disease treatment, and the U.S. biotech company raised its full-year profit forecast. The company also expressed renewed confidence in its experimental Alzheimer’s disease programs, and its shares opened at a more than three-year high. They were up 5.2 percent at $376.71. The results come a day ahead of presentation at an Alzheimer’s meeting of details of a study of BAN2401 by partner Eisai Co Ltd (4523.T) after the companies said it slowed disease progression at the highest dose. Eisai told Reuters a Phase III planning was underway.
“General positive commentary on Alzheimer’s BAN2401 keeps investors optimistic about data tomorrow,” Jefferies analyst Michael Yee said, Spinraza sales more than doubled to $423 million, putting it on track to become a bona ferrari car bearing cufflinks fide blockbuster, That comfortably exceeded analysts’ estimates of $393.8 million, according to Thomson Reuters data, Biogen said it is working to add adult patients and expand international sales of Spinraza, which has a list price of $750,000 in the first year of treatment..