Tag Archives: European Union

The United States and the European Union struck a long-awaited tariff framework Thursday, capping duties on pharmaceuticals, semiconductors and lumber imports at 15% after weeks of tense negotiations. The agreement averts the steep tariff hikes threatened by President Donald Trump, who had warned of rates as high as 250% on …

President Donald Trump on Sunday announced a long-awaited trade deal with the European Union, setting tariffs at 15% on most goods and staving off a potentially damaging economic standoff between the two transatlantic allies. Speaking alongside European Commission President Ursula von der Leyen, Trump described the deal as “satisfactory to …

President Donald Trump announced Sunday that the United States will postpone a planned 50% tariff on goods from the European Union until July 9, granting both sides more time to engage in high-level trade negotiations. The decision came after a phone call with European Commission President Ursula von der Leyen, …

President Donald Trump on Friday threatened to impose a sweeping 50% tariff on all European Union imports, escalating a transatlantic trade dispute and sending shockwaves through global financial markets. In a post on his Truth Social platform, Trump declared trade talks with the E.U. were “going nowhere” and said the …

The European Union released a lengthy list Wednesday of U.S. goods, from Kentucky bourbon to household appliances, slated for retaliatory tariffs in response to President Donald Trump’s taxes on steel and aluminum imports that went into effect overnight. The 27-nation bloc announced late Tuesday it plans to impose the countermeasures …

The United States government is blaming China for a cyber attack against Microsoft. The U.S., the National Atlantic Treaty Organization (NATO), and the European Union (E.U.) are accusing China’s Ministry of State Security of using “criminal contract hackers” to disrupt activities around the world and to make money. “This irresponsible …