News

Trump Says China Trade Deal ‘Very Close,’ Threatens EU With Higher Tariffs

P resident Donald Trump said the U.S. was “getting very close” to a deal with China, while also threatening to impose higher ...

EU-US trade talks: European bloc halts tariff retaliation after Trump deal; pause expected to last six months

The European Union has decided to suspend its planned retaliatory tariffs on US goods, valued at 93 billion euros, following ...

European Union expects to face 15% US tariffs from Friday. But a key text still isn’t ready

The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

Europe's Push for Tariff Exemption on Wine, Spirits Continues

The European Union is pushing to exempt its wine and spirit exports to the U.S. from tariffs, as both sides work toward fine-tuning a deal. Wines, spirits and beer are all important industries for the ...

Tariffs, Workforce Gaps And The Real Cost Of Reshoring: A CEO’s Perspective

The result could be inflationary pressure across industries and a hit to consumer purchasing power. Meanwhile, many ...

Higher US tariffs part of the price Europe was willing to pay for its security and arms for Ukraine

U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to ...

Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions

Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to ...

Neutrality Got the Swiss Nowhere on Tariffs

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

European Union assumes it faces 15% tariffs in the US from Friday. But a key text still isn’t ready

BRUSSELS (AP) — The European Union is working on the assumption that the United States will impose a 15% tariff on most EU ...