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Tag: Global trade
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EU Calls for ‘Respect’ as Trump Threatens 50% Tariffs on European Goods
The European Union’s trade chief said the 27-member bloc is committed to securing a trade deal with the US based on “respect” not “threats”. It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU. “The EU’s fully engaged, committed to securing a…
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Three big unknowns ahead of Trump’s ‘Liberation Day’ tariffs
Donald Trump says tariffs are coming. That message from the US president has been consistent. But what tariffs and when? The announcements of the new import taxes have come so thick and fast since he took office that it can be hard to keep track. Trump has already raised duties on Chinese imports, steel, aluminium…