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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.
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
President Donald Trump announced impending trade pacts and higher tariffs taking effect on August 1. The move has sparked ...
America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, ...
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.
French President Emmanuel Macron hailed the ruling as a ‘positive step’, after Beijing granted exemptions to France’s top ...
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 ...
With just five days remaining in the tariff moratorium, the White House is expected to begin delivering a message to a dozen ...
European shares ended lower on Friday as losses in banks and mining-related stocks weighed, with focus now shifting to the ...
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