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U.S. tariffs on European goods threaten to shake up the world's largest trade relationship
The European Commission describes the trade between the U.S. and the EU as "the most important commercial relationship in the world.” The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat.
Tariffs threaten to shake up big trade relationship
The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
President Donald Trump announced impending trade pacts and higher tariffs taking effect on August 1. The move has sparked ...
America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, ...
All but one of the 27 EU member countries voted to impose tariffs on specific U.S. products. The vote came before President Trump announced a 90-day pause on U.S. tariffs on goods from most ...
French President Emmanuel Macron hailed the ruling as a ‘positive step’, after Beijing granted exemptions to France’s top ...
Trump threatens steep tariffs on European Union goods, targets iPhones; recap Two morning messages on Truth Social reignited trade tensions between the United States and its allies, as well as a ...
Officials from the European Union and the United States will start a new negotiating push, after President Trump delayed until July 9 tariffs of 50 percent.
The EU is contemplating a temporary trade agreement with the US, retaining a 10% tariff on most exports, following negotiations aimed at averting President Trump's threatened 50% tariff on European ...
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