EU, US and trade
Digest more
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.
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.
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.
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.
1don MSN
The European Union has prepared a €21 billion ($24.5 billion) list of tariffs on U.S. goods in case trade talks fail, Italy's Foreign Minister Antonio Tajani said in an interview with Il Messaggero newspaper,
The European Union remains hopeful of reaching a trade agreement with the United States despite President Donald Trump's intensified threat of
2d
inews.co.uk on MSNTrump has set the stage for a colossal trade war – and it could spiral out of controlTrump has also threatened reciprocal tariffs on any counter measures from the EU - the consequences could not be greater
President Donald Trump has sent out around two dozen tariff letters in the past week, and one of the latest ones went to the European Union, threatening a 30% tariff on imports to the U.S. beginning Aug.