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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.
(Reuters) -European shares were mixed on Monday, with investors alert for any trade-related headlines in the countdown to U.S ...
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America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, ...
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Despite promises made by the Trump administration of working on 90 deals in 90 days, the federal government has been able to ...
President Donald Trump announced impending trade pacts and higher tariffs taking effect on August 1. The move has sparked ...
Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as the Trump administration’s 90-day tariff pause comes to an end Wednesday.
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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