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German ForeignMin Maas: There will be no further EU-US trade escalation for now

Germany’s Foreign Minister Heiko Maas is out with his response on the latest European Union (EU)-US trade agreement, with the key headlines found below.

"The EU has won time in their trade dispute with the US.  There will be no further escalation for now."

"This is not a final result, but it has made a positive result more likely."

Australia: Terms of trade moved lower in 2Q – Westpac

Andrew Hanlan, Research Analyst at Westpac, notes that Australia’s terms of trade for goods moved lower in the June quarter, continuing the choppy pro
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