In May, the EU warned it could impose retaliatory tariffs on up to €95 billion worth of American imports, including vehicles and aircraft, should talks with the US administration fail
The final ruling marks a significant development in the growing trade dispute, with China signaling a firm stance on retaliatory tariffs affecting European luxury goods
U.S. President Donald Trump threatened the European Union (EU) it would face an additional 50% tariffs, starting June 1, in a social media post on Friday. Posting on his social platform, Truth Social, Donald Trump criticized the EU leadership as counterproductive, calling the current trade relations between the two “totally unacceptable.” The post reads, “The […]
The EU is considering tariffs on €95 billion worth of U.S. goods, including a wide range of industrial and farm products. It is also looking at limiting some EU exports of steel scrap and chemicals to the U.S., worth €4.4 billion.
The European Union is expected to pause a series of countermeasures, including tariffs against the United States, for 90 days, following President Donald Trump’s decision to grant a grace period before imposing additional tariffs. European Commission President Ursula von der Leyen posted on social platform X (formerly Twitter): “We took note of the announcement by […]
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
The Commission firmly warned: “We will react to protect the interests of European businesses, workers, and consumers from unjustified measures.”