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The quarter will be defined by the threat of a conflict with Iran that disrupts oil supplies while the global economy nervously anticipates the next turn in the U.S.-China trade war and the possibility of an ugly U.K.-EU divorce.
Qatari Emir Sheikh Tamim bin Hamad al-Thani signed contracts with various U.S. companies, including Boeing, Gulfstream and Phillips Chemical Co., among others, during a July 9 visit to the White House and a meeting with U.S. President Donald Trump.
Turkish President Recep Tayyip Erdogan claimed that U.S. President Donald Trump indicated that he understood Turkey's position and he claimed Trump said he wouldn't apply sanctions to Turkey for its impending delivery of the Russian S-400 missile system, Hurriyet Daily News reported July 1.
The European Commission launched a public consultation on April 17 regarding a preliminary list of U.S. products on which the European Union could impose countermeasures in its broader subsidy dispute with the United States.
The U.S. government is planning to impose tariffs on a list of $11.2 billion worth of imports from the European Union as part of a broader subsidy dispute between the United States and the European aerospace group Airbus, The Wall Street Journal reported April 8.
Brazilian presidential candidate Ciro Gomes sent a letter to U.S. aerospace company Boeing and Brazilian counterpart Embraer saying that, if elected, he will prevent the former's purchase of the latter's commercial business, Reuters reported July 17.