Home Tags EU Tariff
Tag: EU Tariff
The US trade deficit widened in July and the deficits with China and the European Union both hit record highs. The increases came despite President Donald Trump's tariffs on those countries and trade war fight.
Chinese officials are in the US to meet with Trump administration members about the growing trade war. While the talks to remove the newly-implemented tariffs are not expected to result in a deal the negotiations are the first concrete step towards ending the trade war in months.
President Donald Trump holds up the US trade deficit as the end-all, be-all of the trade war. Based on the most recent trade-deficit data, it looks as if Trump is losing his tariff fights.
S&P 500 companies are starting to get concerned about President Donald Trump's trade war. The number of firms mentioning the words "tariffs" or "trade war" hit a record high in the second quarter.
The EU is already preparing for trade talks with Trump to fail — and is readying a major retaliation
"If the US would impose these car tariffs, that would be very unfortunate, but we are preparing together with our member states a list of rebalancing measures as well," the European Union's trade chief, Cecilia Malmstrom, said on Thursday.
Trump threatens Europe with ‘tremendous retribution’ as the possibility of massive auto tariffs looms
President Donald Trump threatened "tremendous retribution" against the European Union, including tariffs on cars and auto parts, unless the bloc makes major trade concessions. Auto tariffs would be the biggest escalation of the EU-US trade fight to date.
President Donald Trump can't nail down an outcome for his trade wars with China, Mexico, the European Union, and Canada. The vague goals will likely extend the trade war, according to experts, and also cause more harm to the Us economy.
US consumers and businesses are already starting to feel the pain from Trump’s trade war, and the worst is yet to come
President Donald Trump's tariffs on steel, aluminum, Chinese products, and more are raising some prices for consumers and causing uncertainty for US businesses. The economic pain could also get worse as Trump goes forward with other trade attacks.
President Donald Trump went after Harley-Davidson once again Tuesday for its decision to move some motorcycle production out of the US. The president, however, cited irrelevant data in his attack on the iconic motorcycle company.
Trump has attacked Canada, Europe, and Mexico for their trade barriers — here’s how tariffs in every country measure up
President Donald Trump slams other countries for "taking advantage" of the US on trade, but most major allies have pretty similar trade barriers to America. The US had an average applied tariff of 3.5% in 2016, while Canada's was 4.2%, the European Union's was 5.1%, and Japan's was 4%.