The move would follow a similar agreement with Pfizer. Other companies are engaged in talks with the White House that would help them avoid tariffs on their products overseas.
Category: European Union
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E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.
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Trump’s Pharma Tariffs Spare Richest Drugmakers
Big companies like Novartis say new tariffs won’t hit them. “A win for Pharma,” Wall Street analysts said.
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Wary European Drugmakers Think They Can Avoid Trump’s Latest Tariffs
European companies, a major source of U.S. medicines, are hopeful that their investments and trade deals with the U.S. will spare them from President Trump’s latest tariff barrage.
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Trump Pushes E.U. to Stop Buying Oil and Gas From Russia
The European Union has sharply reduced its dependence on Russian energy, but it still imports some supplies.
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The Race Is on to Make Rare Earth Magnets Outside China
After Beijing exerted its power over the valuable magnets as leverage, other countries started to add production, but only incrementally. And China is far ahead.
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Did Britain Win the Trade War? Why It’s Tough to Declare a Victor.
Popular products from Britain and the European Union show how uneven and unpredictable U.S. tariffs have become, even when part of trade deals.
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Google Is Fined $3.5 Billion for Breaking Europe’s Antitrust Laws
European Union officials accused the American tech giant of using its size and dominance to undercut rivals in the online advertising market.