The bloc was about to enact retaliatory tariffs when President Trump made his last-minute U-turn. What comes next is unclear.
Category: European Commission
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Europe Has Economic Power. Can It Use It Against Trump’s Tariffs?
European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve tried before.
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The Fallout from Trump’s Reign of Tariffs
Global markets were in a tailspin on Thursday as policymakers and trade partners expressed dismay over president’s latest trade-war salvo.
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A Stunned World Reckons With Economic Fallout From Trump’s Tariffs
Not even America’s closest trading partners were spared by a policy broadside that spooked investors and left policymakers scrambling to formulate responses.
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Risking Trump’s Ire, E.U. Accuses Apple and Google of Unfair Practices
European Union regulators said the tech giants likely violated the law by unfairly boxing out smaller competitors, adding to tensions between Europe and the United States
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E.U. Hatches a Plan to Lure Investors Back to Europe
Each year, Europeans invest roughly $325 billion in companies and financial assets outside the region. Officials in Brussels say they have a plan to end that “capital flight.”
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Europe Vows to Respond to Trump’s Tariffs, but Holds Back on Details
European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.
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Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.
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Trump Tariffs? Europe Braces but Has No Clear Strategy
The incoming president promised “tariffs all the way” unless Europe bought more U.S. oil and gas. European officials have no clear strategy for avoiding a trade war.
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New York Times Takes European Commission to Court Over Covid Vaccine Deal
The news outlet is pushing the Commission to release text messages between the E.U.’s top official and Pfizer as they negotiated a vaccine contract.