Germany will remove Chinese components from the country’s 5G mobile networks within the next four years, addressing what the U.S. has warned was a key vulnerability.
The U.S. government pushes the trade partner to boost monitoring of whether metals are coming from China as domestic companies have complained about pressure from lower-cost goods.
The Bank of England is likely to lower its key rate at some time in the future, but recent data indicates that inflation might remain high for longer than anticipated, Chief Economist Huw Pill said.