US to Hike EU Tariffs to 30% on August 1, EU Vows Response
US to hike tariffs on EU goods to 30% starting August 1; EU open to negotiations but warns of countermeasures if needed. Trump cites trade deficit concerns.
US to hike tariffs on EU goods to 30% starting August 1; EU open to negotiations but warns of countermeasures if needed. Trump cites trade deficit concerns.
Could Germany's steel industry rebound amid rising defense demands and US tariffs? Experts weigh in on challenges and opportunities for economic revival.
US imports plummet 20% in April due to Trump's tariffs, marking a record monthly drop. Trade deficit shrinks as Canada and China exports hit multi-year lows. Talks continue amid global trade tensions. (219 characters)
Volvo Cars' May 2025 sales dropped 12% due to US tariffs, with electrified models falling to 44% share. Cost-cutting includes 3,000 job cuts amid global auto industry challenges. (219 characters)
US and EU near tariff deal, but tensions remain as 50% steel/aluminum duties persist. Von der Leyen warns trade relations may never fully recover. Read more on the fragile transatlantic partnership. (219 characters)