Trade talks between the U.S. and the European Union, as well as possibel changes in the Europe-China relationship, also pose risks, says the chief executive of A.P. Moller-Maersk.
While the U.S. and China are negotiating a trade deal, the world's biggest container shipping company is watching out for other problems between major economies.
"First of all, it's pretty clear that the U.S. administration and EU have an outstanding discussion. It was kind of kicked to a corner last summer. While U.S. and China are negotiating, I'm sure that there'll be a revival of discussions about car tariffs and what-not between the U.S. and Europe," Skou told CNBC's Eunice Yoon at the China Development Forum in Beijing.
U.S. President Donald Trump threatened to impose tariffs of up to 25 percent on European cars and auto parts last year. But Trump reportedly promised European Commission President Jean-Claude Juncker that he would hold off on those tariffs for the time being. Macron's comment came amid Chinese President Xi Jinping's visit to European countries including Italy and France.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China says top U.S. trade officials to visit Beijing March 28-29A U.S. trade delegation headed by Trade Representative Robert Lighthizer and Tre...
Read more »
Trump ramps up trade war, saying US will keep tariffs on China for a 'substantial period'Trade war tensions rose after President Donald Trump said that the US would leave $250 billion of tariffs with China in place for a 'substantial period.'
Read more »
Japan firms see prolonged Sino-U.S. trade war, China slowdown to persist: Reuters pollThree in four Japanese companies expect U.S.-China trade frictions to last until...
Read more »
U.S. Chip Makers Fear Trap in a Trade Deal With ChinaU.S. semiconductor companies want no part of any trade deal that calls for stepped-up purchases from China, worried that would give Beijing more control over their industry.
Read more »
Trade talks are in final stages, but there is still fear China may walk back concessions: ReportsThere were multiple reports about trade talks between U.S. and China on Tuesday, which sent traders scrambling to decipher.
Read more »
U.S., China Plan New Trade Talks in Hopes for Deal by End of AprilTop U.S. and China negotiators are planning new rounds of talks to end a trade dispute between the two nations that has rocked markets globally, with a target date for a deal by the end of April.
Read more »
US-China plan new trade talks for deal by end of April: WSJTop U.S. and China negotiators are planning new rounds of talks starting next we...
Read more »
Top U.S. trade officials head to China next week for new trade talksU.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchi...
Read more »
Asia stocks set to slip on US-China trade uncertaintyOvernight in U.S. markets, stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports.
Read more »
US-China trade talks to resume after pause, US official saysTrade talks between US and Chinese teams will resume next week after a pause in negotiations, according to an administration official.
Read more »
Japan government downgrades economy view as U.S.-China trade war bitesJapan's government downgraded its assessment of the economy in March for th...
Read more »