News

US and EU clinch deal with broad 15% tariffs on EU goods to avert trade war
The deal, which includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and military ...
U.S. And European Union Agree On Trade Deal—Setting Tariffs At 15%
The deal was struck less than a week before the U.S. threatened to levy a much higher 30% tariff on European goods.
Trump lowers EU tariff to 15% after meeting with von der Leyen in Scotland
Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.
Experts say Trump's 30% tariff on European wines could hurt US consumers, companies
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...
Europe Approves $100 Billion-Plus Tariff Backup Plan
European Union countries approved a package of retaliatory tariffs on U.S. goods that could start in August if no trade ...
Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval
The European Central Bank is leaving interest rates unchanged as it waits to see the impact of U.S. President Donald Trump’s ...
SSAB posts profit miss as tariffs shake European steel market
SSAB's earnings fell more than expected in the second quarter, hit by lower steel prices and a weakening European market due ...
Volkswagen stung by tariffs, but trade deal based on US investments may be coming
German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...