News

European Union has the votes to impose retaliatory tariffs on U.S.

European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not ...

Europe Approves $100 Billion-Plus Tariff Backup Plan

European Union countries approved a package of retaliatory tariffs on U.S. goods that could start in August if no trade ...

Trump’s Risk With Looming European Union Trade War: Maybe Your Health

The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened ...

There’s a sweet spot for tariffs. Markets could revolt if Trump is way off

US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade ...

Experts say Trump's 30% tariff on European wines could hurt US consumers, companies

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, ...

Volkswagen cites U.S. tariffs for decrease in operating profit

Volkswagen said Friday year-over-year operating profit fell by $1.84 billion in the second quarter as the German automaker ...

Volkswagen CEO hopes for own tariff deal with 'attractive' investments

Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on ...

EU Officials: European framework trade deal with US could happen this weekend

Citing European Union (EU) officials and diplomats, Reuters reported on Friday that the EU and the United States (US) could ...