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EU pauses trade retaliation against US after Donald Trump’s 30% tariff threat
Senior EU officials told the FT that they did not expect Trump to ultimately go through with his new threat of 30 per cent tariffs, which is being widely interpreted by Brussels as a bid by the US President to increase pressure on the bloc in the remaining time left for negotiations.
The president stepped up his pressure on both trading partners, warning he would impose the higher levies from Aug. 1 if ...
The EU is America’s biggest business partner and the world’s largest trading bloc. The US decision will have repercussions for governments, companies, and consumers on both sides of the Atlantic.
The European Union has decided to hold off on imposing retaliatory tariffs on U.S. goods that were set to begin Monday.
The U.S. will charge 30% tariffs on goods from both the European Union and Mexico, effective Aug. 1, President Trump said in letters posted on Truth Social over the weekend. Trump said he would consid ...
If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.
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EU Looks For ‘Crystal Ball’ To Predict Trump's Intentions As It Awaits Tariff Letter From White HouseThe European Union is awaiting clarity on the approach that President Donald Trump wants to take with respect to tariffs.
Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
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