Trump, tariffs
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President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
BRUSSELS, July 13 (Reuters) - The EU will extend its suspension of countermeasures to U.S. tariffs until early August as it aims for a negotiated solution on trade with the United States, European Commission President Ursula von der Leyen said on Sunday.
After months of seeing very little inflation, US consumers probably experienced slightly faster price growth in June as companies started to pass along the higher cost of imported merchandise associated with tariffs.
A preliminary agreement to ease the tariff dispute with the US is considered imminent, but the EU is concerned about the negotiations of a comprehensive deal and the transatlantic relationship that will follow.
Growing numbers of retailers and consumer brands are shifting their focus to Europe and other markets from the United States, as they expect U.S. tariffs to spark price hikes that will drive ...
Impact on the European Union: Direct effect : About 2% of EU27 GDP depends on US demand. With tariffs of 20%, volumes to the US are likely to decline by about 15%.
US President Donald Trump posted two letters to social media on Saturday announcing updated tariff rates of 30% to Mexico and the European Union. He informed the key trading partners that the new ...