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U.S., EU agree to 15% tariff in new trade framework
EDINBURGH, Scotland (AP) — The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on both sides that might have sent shock waves through economies around the globe. The sweeping announcement came after President Donald Trump and European […]
European trade ministers pledge unity after Trump’s surprise 30% tariffs
BRUSSELS (AP) — European trade ministers were hopeful Monday for a negotiated trade deal after President Donald Trump announced 30% tariffs on the European Unio n, but also expressed resolve in preparing countermeasures if talks break down. The ministers met Monday in Brussels following Trump’s surprise announcement of such hefty tariffs, which could have repercussions for governments, [[...]
EU braces for Trump tariff hike as deadline nears
FRANKFURT, Germany (AP) — The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic. Trump imposed a 20% import tax on all EU-made products in early April as […]
