The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
Category: European Union
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Europe Is Ready 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.
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Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.
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What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.
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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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How Countries Reacted to Trump’s Tariffs
China vowed countermeasures and the E.U. promised a unified response, while Britain and Japan refrained from immediate retaliation.
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Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.
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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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To Counter Trump’s Tariffs on Goods, Countries May Hit Back at US Services
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.