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EU warns of ‘big gap’ in trade talks

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Analysis-For Europe, 30% US tariff would hammer trade, force export model rethink
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.

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Money Talks News on MSN · 2h
Trump's 30% Tariff Threat Could End EU-US Trade Worth Nearly $2 Trillion
EU warns that its trade with the US could be effectively wiped out if Trump follows through on his threat
For Europe, 30% US tariff would hammer trade, force export model rethink
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...

Continue reading

EU and US approaching a good trade deal, EU commissioner says
A 30% tariff on Europe would effectively knock out transatlantic trade, says EU trade chief
EU warns of ‘big gap’ in trade talks after Trump’s 30% tariff threat
“Transatlantic supply chains would be heavily affected on both sides of the Atlantic. Show me one industry leader who is happy about this tariff policy,” he said.

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EU threatens countermeasures over US tariffs, Trump says he is open to talks
EU still seeks Trump trade deal -- but readies retaliation
Euractiv5h
Winemakers slam EU’s push to include drink in €72bn US trade counterpunch
Ignacio Sánchez Recarte, secretary general of wine lobby CEEV, said "there is no political, strategic or economic interest" for involving the alcoholic beverage in the transatlantic trade spat.
Devdiscourse2d
Transatlantic Trade Tensions: EU and US on Collision Course
German Finance Minister Lars Klingbeil warns the EU to act firmly if tariff negotiations with the US fail. Amid escalating trade tensions, President Trump's proposed tariffs on EU imports intensify. EU favors negotiation but is ready for countermeasures.
EU, South Korea seek US trade deals to ease tariff pain
The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1.
FTSE hits 9,000 as UK named trade war winner
The FTSE 100 rose above the 9,000 mark for the first time on Tuesday morning after Brexit Britain was branded a 'clear winner' in Donald Trump's trade war.
inews.co.uk on MSN2d
Trump has set the stage for a colossal trade war – and it could spiral out of control
Trump has also threatened reciprocal tariffs on any counter measures from the EU - the consequences could not be greater
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