EU approves counter-tariffs on US goods
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A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.
German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon enough for the Wolfsburg-based automaker.
Germany’s Volkswagen cut its financial guidance for 2025 after US tariffs took a €1.3 billion toll on its income in the first six months. But European sales and EVs appear to support future growth. Vi
European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not reach a trade deal with the EU.
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Asianet Newsable on MSNBessent Says EU’s Tariff Threat Just A Negotiating Tactic, US Making Progress With Beijing: ‘We Don’t Want To Decouple From China'Ahead of meetings in Stockholm next week with Chinese counterparts, Bessent said President Donald Trump is focused on reviving domestic precision manufacturing and correcting what he called a “highly imbalanced” relationship with China.
One team of economists found clear price increases for American consumers due to President Donald Trump’s tariffs. I, a chart, they compare the price tags for imported goods with those for goods made in the U.
The United States appears firm on its slated tariff increase on the EU following comments made by U.S. Commerce Secretary Howard Lutnick over the weekend.
President Trump’s new levies, which have pushed the country’s tariffs to their highest levels in decades, are typically paid by importers when goods reach U.S. ports. So there is little mystery about who makes that first payment.