The president claimed the tariffs would override a trade deal with the European Union, which European officials finalized just days ago.
Category: European Union
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Trump Threatens 100% Tariffs on Europe Over Tech Taxes
The New York Times – Business: -
Airbus Is Ordered to Inspect 16 Jets After Cracks Are Found in Wings
The New York Times – Business:The European Union’s chief aviation regulator ordered five A380 superjumbo jets to be grounded immediately.
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Those British Strawberries Are Being Picked by Central Asian Workers
The New York Times – Business:Ten years after Brexit, most seasonal workers in Britain are from countries such as Kyrgyzstan and Tajikistan. Without them, agricultural chiefs say, many farms would fail.
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Brexit Has Cost the UK Growth, Analysts Say, in the Decade Since the Vote
The New York Times – Business:Citing lower trade and investment, analysts broadly agree that Britain’s economy is smaller than it would have been if the country had stayed in the E.U.
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Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes
The New York Times – Business:European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
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European Airlines Face Fuel Shortages Within Weeks
The New York Times – Business:If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
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Fallout of War Piles Economic Pain Onto Europe’s Political Stress
The New York Times – Business:Europe is finding itself on the outs with Russia, China and the U.S., in what’s amounting to its very own “Mean Girls” moment.
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European Airports Warn of Jet Fuel Shortages if Strait of Hormuz Remains Shut
The New York Times – Business:An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage.