Europe Gears Up to Make Its First Countermove to Trump Tariffs
European Union officials will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.
European Union officials will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home.
In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.
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Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.
President Trump has shown a willingness to fracture the trans-Atlantic alliance with his tariffs and demands for higher military spending.
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.
European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve tried before.
In spite of a prolonged charm offensive by Prime Minister Keir Starmer, President Trump said that the U.K. would be hit with the universal base rate levied on all countries.