Trump escalates EU tariffs deal demands
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Trump has escalated his demands on the EU following weeks of negotiations over a possible framework deal, the Financial Times reported.
President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.
President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
European trade ministers are meeting in Brussels after U.S. President Donald Trump announced 30% tariffs on the European Union
The bloc’s trade commissioner says the two sides were close to a deal before the president last week threatened to impose a 30 percent levy.
President Trump is threatening Mexico and the European Union, two of the largest U.S. trading partners, with 30% tariffs starting in August if they don't reach a trade deal with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means for U.
BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he’s levying tariffs of 30% against the European Union and Mexico starting August 1, a move that could cause massive upheaval between the United States and two of its biggest trade partners.
European shares ended slightly lower on Monday, with tariff-sensitive auto stocks down after U.S. President Donald Trump's latest threat to impose steep tariffs on the European Union, though gains in financials and healthcare kept losses in check.
Updated April 09, 2025 at 18:10 PM ET. All member countries of the European Union except Hungary voted Wednesday in favor of proposals that would impose tariffs on specific U.S. products sold into ...
The Trump administration is pressing the European Union to accept blanket tariffs in the range of 15% or more, well above the level the bloc had initially negotiated with the U.S., people familiar with the matter said.