Trump, Tariffs
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The EU paused planned countermeasures against the US after Trump delayed a tariff hike. But a new 30% rate has the bloc considering retaliation.
The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.
24mon MSN
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise. In
President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1
The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and professional. But it’s been a wild ride.
Domestic politics in trading partner countries, as well as China's influence, are complicating Trump's tariff negotiations.
The European Union has decided to extend its suspension of countermeasures against U.S. tariffs until early August to seek a negotiated trade solution. Despite threats of increased U.S. tariffs, the EU remains committed to diplomacy while preparing additional countermeasures if necessary.
President Trump teases trade negotiations with multiple countries after announcing a new 50% tariff on imported copper and warning 14 nations to strike trade deals by next month.
President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April