News

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters
European exporters say a 30% U.S. import tariff would drive prices unsustainably high and hammer their sales. While some ...
President Trump, Let’s Subsidize Exports Rather Than ‘Tariff’ Imports
The U.S. can either spend taxpayer money to help U.S. businesses export to the world (subsidies) or it can collect taxes so ...
U.S. alcohol stocks swoon as Trump's tariff threat raises fears of EU retaliation
Shares of U.S. spirits distillers slid in late trading amid reports that President Trump is pushing for a 15%–20% baseline ...
Trump intensifies trade war with threat of 30% tariffs on EU, Mexico
The August 1 deadline gives the countries time to negotiate agreements that could lower the tariffs. Some investors and ...
EU trade ministers plan countermeasures to Trump’s ‘unacceptable’ 30% tariffs
EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely ...
In U.S.-EU trade dispute, Trump claims Europe doesn't buy American cars or food. Is that true?
President Trump threatens to raise tariffs, claiming the European Union won't buy U.S. cars or food — but 2024 trade data shows otherwise.
EU offers Trump tit-for-tat car tariff cuts
The EU has reverted to offering the US tit-for-tat tariff reductions on cars, with negotiators abandoning the idea of a ...
Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners
President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.