Donald Trump, EU and tariffs
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EU, Germany
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Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.
Canadian aluminium smelters have started diverting primary metal away from the United States in response to the ratcheting up of import tariffs, first to 25% in March and then to 50% in June.
President Donald Trump on Saturday announced 30 percent tariffs on all European goods entering the U.S., prompting pushback from European allies.
An EU pharma lobby has criticized the Trump administration’s plans to impose 15% tariffs on pharmaceutical imports amid uncertainty over how the newly announced U.S.-EU trade deal targets the product group,
1don MSN
President Donald Trump struck a new trade deal with the European Union on Sunday, allowing the EU to avoid a 30% tariff rate that was scheduled to begin on Aug. 1. Trump met with European Commission President Ursula von der Leyen over the weekend and discussed the new trade deal,
Euro falls against dollar, with Trump's tariffs seen as slowing European growth
Unlike the European Union, the Japanese government has made no indication it plans to impose any kind of reciprocal tariff on the U.S., even if the U.S. does move forward with its planned 25% tariffs on all Japanese exports.
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Soy Nómada on MSNEU Warns Trump's Proposed 30% Tariff Could Halt Transatlantic TradeThe European Union (EU) is considering broader countermeasures against the United States as trade tensions rise. President Donald Trump's threat of imposing significant tariffs has sparked a strong reaction from European leaders.