EU preparing further countermeasures against U.S. tariffs
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European Commission President Ursula von der Leyen said the EU is finalizing its initial response to U.S. steel and aluminum tariffs announced last month.
From The Wall Street Journal
The European Union has a "strong plan" to retaliate against tariffs imposed, and set to be imposed, by U.S. President Donald Trump, although it would prefer to negotiate a solution, EU executive chie...
From Reuters
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At its heart this is a universal tariff of 10% on all imports into the US for everyone, coming in on Friday night. On top of that, dozens of “worst offenders” will be charged reciprocally for their trade surpluses, tariffs and host of other barriers from VAT to food standards.
President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair.
The U.S. administration's tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that the fall boosted the case for a fresh interest rate cut.
Europe has "a strong plan" for striking back at the United States in response to Donald Trump’s tariff hikes "if necessary," European Commission President Ursula von der Leyen said. "I hear Americans,
American winemakers are feeling the effects of President Donald Trump’s looming tariffs on European wine and spirits.
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European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said.