The EU is preparing to apply much higher tariffs on imports from Ukraine within weeks, hitting Kyiv's economy at a crucial time in its fight against Russian aggression, the Financial Times reported on Wednesday,

The European Union is preparing to reintroduce tariffs and quotas for Ukraine’s agricultural products removed in the wake of Russia’s invasion three years ago. The wartime tariff waivers are expiring amid calls for stricter controls on Ukrainian imports from several EU governments.

The EU is preparing to impose much higher tariffs on Ukrainian imports within weeks. This will hit Kyiv's economy at a crucial time in its fight against Russian aggression, Financial Times reports. According to the agency's sources,

European leaders say they are ready to place counter tariffs on some $106 billion of U.S. goods, including chemicals, plastics, rubber and processing machinery, if trade talks don't lead to a mutually beneficial outcome.

The European Commission announced Thursday it has compiled a list of imported goods and items from the United States which could become subject to tariffs.

The new measure would slap duties of 25% on U.S. imports amounting to $23.5 billion, which includes motorcycles and other powersports commodities.

The EU plans to significantly increase tariffs on Ukrainian goods after the current duty-free deal lapses on June 6, the Financial Times reported on May 14, citing undisclosed diplomatic sources.

President Donald Trump might want a new, “America First” world, but in the race to control inflation the United States may actually come last. While his tariff hikes are widely expected to jack up prices at home,

The EU is preparing to apply much higher tariffs on Ukrainian imports within weeks, hitting Kyiv’s economy at a crucial time in its fight against Russian aggression.

Chinese imports to the U.S. dropped to their lowest levels since the pandemic as punishing tariffs began to take hold in March.

European stocks were little changed as markets took a breather after a strong rally on easing global trade tensions, while the dollar extended losses from the day before as relatively benign U.S. inflation data kept Federal Reserve rate cuts on the table.