EU prepares response to US tariffs as trade tensions escalate
The European Union signaled its readiness to respond to the new 20% tariffs imposed by the United States on European products. However, European Trade Commissioner Maros Sefcovic is set to engage in talks with his US counterparts on Friday in an attempt to de-escalate the situation.
Europe’s automaker trade association, ACEA, has called for the swift resolution of the ‘EU-US trade dispute’ in rection to new US tariffs of 25% on light vehicles imported from the Europe.
Emirates News Agency on MSN3h
European automakers call for swift resolution of EU-US trade dispute to protect jobs, automotive investmentsRising EU-US trade tensions raise concerns for European automakers over jobs, investment, and economic growth.“We are deeply concerned about the escalation of trade tensions in the world. European ...
Copa and Cogeca are strongly urging EU and US policymakers to ”fully exhaust diplomatic efforts in the coming days”.
US Secretary of State Marco Rubio heads Wednesday to a NATO meeting in Europe as transatlantic tensions soar, with President ...
The trade war is likely to lead to more energy-intensive goods produced in the US, and dampen international investment in ...
Two dozen trade experts gathered recently to simulate how a global trade war would play out. The results were surprisingly ...
The dispute between Harley-Davidson and the EU highlights broader tensions in US-EU trade relations, which have been strained by tit-for-tat tariffs on a range of goods. While both sides have ...
bne IntelliNews on MSN1d
MEPs confront Hungary over Ukraine policy and growing US trade tensionThe European Parliament has called for urgent measures to boost the EU's economic competitiveness and defence capabilities as ...
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