EU Threatens US With Counter Tariffs
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BRUSSELS, July 15 (Reuters) - The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a game-changer for Europe, wiping out whole chunks of transatlantic commerce and forcing a rethink of its export-led economic model.
European Union officials have drawn up plans to impose levies on American imports, but questions abound about whether they would go through with them.
One of the European Union’s most reliable punching bags is shaped like a bottle of whiskey. The EU this week circulated to member states a list of products it could hit with tariffs if a trade deal is
The European Union has finalized a second list of countermeasures to target U.S. goods worth $84 billion, including Boeing Co. aircraft, automobiles and bourbon, if it decides to retaliate against Donald Trump's tariff policy.
EU trade chief Maros Sefcovic will head to Washington on Wednesday for tariff talks, an EU spokesperson told Reuters, adding that he will meet U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.
President Donald Trump's 30 percent tariffs on European Union imports may raise costs for everything, possibly including your fave item.
Returning to the jobs market, a study from McKinsey found UK businesses are dialling back hiring for positions likely to be impacted by the rollout of AI. The overall number of online job postings fell by 31% in the three months to May compared to the same period in 2022,
The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.