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OpenAI says three staffers fired for mishandling 'sensitive' info
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Four-member crew docks at International Space Station
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Nike plans job cuts as it forecasts lower sales
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Portugal win without Ronaldo as Klopp's Germany get first victory
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Ireland game interrupted twice by Gaza protests
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Wemby: 'Very sad' to see players endorse betting firms
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Judge denies acquittal bid by US woman who killed her kids
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Manchester City Women scrape draw with Real Madrid
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Klopp averts crisis with first win as Germany boss
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India, Australia and Pakistan in same World Cup group
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A saintly spat and debate snub: Brazil enters final campaign stretch
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Daryz's hopes of repeat Arc win boosted by draw
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US tells European allies to act 'immediately' to lower diesel prices
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Steelers ship disgruntled defender Porter to Cowboys
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G20 trade ministers fail to see consensus against overproduction
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Klopp gets first win as Germany boss
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Portugal edge Denmark in Ronaldo's absence
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Bolivia's attorney general arrested on drugs, money laundering charges
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US stocks edge higher as bond yields retreat for now
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Raiders host Chiefs in battle of unbeaten division rivals
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US tells European allies to 'immediately' act to lower diesel prices
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Lowest Fee Bitcoin ATMs Announces Launch of More Than 400 ATMs Nationwide
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Trump vows to hit Iran 'very hard' if linked to flydubai attack
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G20 against 'weaponization' of food trade: French minister
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Williams leaves Spain camp with thigh knock
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Female US inmate in critical condition after botched execution
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WTA reduces 2027 schedule for world's top 50
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Spotlight on UK-UAE ties amid Manchester City scandal
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US says 'in Europe's best interest' to cooperate on fuel supply
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Ethiopia and Eritrea break diplomatic ties over conflict
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Rogue OpenAI agents covered up their tracks, report says
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Downing Street says Manchester City not 'above the rules'
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A saintly spat and debate snub: Brazil enters final polls stretch
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Hadjar wants to 'fight for the title' from next season
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Zidane 'no regrets' about Materazzi headbutt as France face Italy again
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Bolivia's attorney general arrested for alleged drug trafficking, money laundering
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Libya's pay strike rallies teachers across divided nation
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German sugar tax sparks new government row
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Four-member crew blasts off for International Space Station
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Musk returns to US government for Pentagon war study
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i-payout Expands True Local Payment Capabilities to Help Enterprises Pay Recipients Globally
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Stocks slide as bond yields spike
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Botched US execution prompts global calls to scrap death penalty
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Thousands rally as EU chief urges respect for Kosovo war crimes court
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Algeria adopts law imposing death penalty on forest arsonists
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Man City sponsor Etihad says considering legal action against Premier League
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France unveils cost-cutting 2027 budget as borrowing costs rise
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Family of woman killed by US immigration agent sues Trump administration
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Brazil court orders removal of fake posts amid patron saint election row
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French school protests spread as fires, blockades deepen unrest
Major trade wars since the 19th century
As the world reels from US President Donald Trump's tariffs onslaught, here is a look back at some major trade wars since the 19th century:
- 19th century Opium Wars -
In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China against the British Empire.
The first began in 1839, when Britain launched a military expedition to force China to open its market to Indian opium sold by British merchants.
Britain won the clash in 1842, with success going beyond opium as China was forced to give up the region of Hong Kong, open five ports to world trade, and limit its customs tariffs to five percent.
In the second Opium War, from 1856-1860, Britain allied with France, and again the imperial power came out on top, forcing China to open up eleven additional ports to foreign trade and maintain diplomatic relations with the West.
- 1890: McKinley offensive -
In 1890, William McKinley -- then a Republican lawmaker, later a US president -- saw through a new law that slapped an average tariff of nearly 50 percent on imports into America.
While the tax hike boosted the development of tinplate production in the US, for example, it also caused prices to soar.
In elections that same year for the US House of Representatives, Republicans suffered big losses, losing their majority to the Democrats. Two years later, the incumbent Republic president was dumped by voters in favour of a Democrat.
McKinley's unpopular law was repealed in 1894.
He nevertheless went on to become US president in 1897. He was assassinated in 1901, months after winning a second term.
Trump often mentions as McKinley as inspiration his protectionist policies.
- 1930: Smoot–Hawley Act -
The Smoot-Hawley Act, named after the two US politicians behind it, imposed tariffs of nearly 60 percent on over 20,000 imported agricultural and industrial products.
Trade partners, led by Canada, retaliated with taxes on US exports, which fell by more than 61 percent between 1929 and 1933.
- 1960s: Chicken war -
In the early 1960s, France and Germany jointly decided to tax the import of US chicken, produced at industrial scale.
The United States retaliated with taxes on a series of products, particularly on certain utility vehicles, which remain taxed to this day.
The so-called Chicken War ran from 1961 to 1964.
- 1985: Pasta war -
This dispute began in 1985 when president Ronald Reagan, in a bid to protect US industry, raised tariffs on pasta imports from Europe .
Europe responded with taxes on US imports of nuts and lemons.
The standoff lasted nine months before the United States and the European Economic Community (EEC) -- as the EU was then known -- reached an agreement.
- 1989-2009: Beef hormone dispute -
In 1989, the EEC banned imports of beef treated with growth hormones.
After challenging the measure at the World Trade Organization (WTO), which ruled in their favour, the United States and Canada, the countries most affected, imposed 100-percent tariffs in 1999 on a range of European goods, from French Roquefort cheese to Italian truffles.
In a compromise deal inked in 2009, these taxes were eventually suspended, and European import quotas for high-quality, hormone-free beef were gradually increased, leading to a final agreement in 2019.
- 1993–2012: Banana war -
In 1993, the EU granted preferential customs regimes to the former European colonies in Africa, the Caribbean and the Pacific, to the detriment of bananas produced by US multinationals in Latin American countries.
These countries filed a complaint with the WTO, which condemned the EU several times, and Latin American countries were authorised to apply retaliatory measures.
An agreement was signed in 2012, allowing for a reduction in import tariffs on bananas from 11 Latin American countries and the end of actions taken by these countries against the EU.
- 2002: Bush vs. EU -
In 2002, US President George W. Bush imposed three-year surcharges of up to 30 percent on 10 categories of products including flat-rolled steel, machine wires and welded tubes.
These measures, intended to boost the US steel industry, affected nearly 29 percent of imports.
The EU filed a complaint with the WTO and published a list of US products it threatened to tax by up to 100 percent.
At the end of 2003, Bush opted to lift the tariffs.
bur-paj-lc-eab/rmb
J.Fankhauser--BTB