Category: European Union

Does Japan Want American Cars? Trump’s Push to Open Foreign Markets Faces Test.

President Trump is celebrating deals that lower trade barriers on American staples like cars. Experts question how much of an effect this will have.
U.S. Imports Slid in June on Higher Tariffs

Imports from other countries fell around 4 percent from the previous month as President Trump’s steep tariffs discouraged businesses from ordering goods.
Trump Lures Foreign Investment With a Familiar Pitch: Show Me the Money

President Trump is using an “Art of the Deal” approach to get trading partners to hand over cash to lower their tariffs.
E.U. Did Not Retain Texts Sought by Journalists on Covid Vaccine Deal

The European Union acknowledged for the first time that a top official reviewed the messages, but said it had no duty to keep them, despite intense interest.
Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September

The administration has not put forward a clear legal authority to compel drugmakers to reduce their prices.
I.M.F. Raises Global Growth Outlook as U.S. Looks to Avert Trade Wars

The International Monetary Fund warned that trade tension continued to be a risk for the global economy.
Europe Made Major Trade Concessions to Trump. How Did That Happen?

Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.
Trump Is Winning His Trade War. What Will That Mean for the Economy?

The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.
Making Sense of the E.U. Trade Deal

Questions, critiques and discrepancies are hanging over the framework agreement, but investors seem to view it as a win all the same.
Europe, Worried by Other Global Crises, Agrees to Trump’s Trade Deal

The framework agreement will likely not do much for economic growth on either side. But it avoids new fissures on other foreign policy issues, particularly the war in Ukraine.
Citing New Rules, Meta Says It Will End Political Ads in E.U.

Meta said political advertising would end in October, citing a forthcoming E.U. regulation that it said presented “unworkable requirements.”
Europe Nears U.S. Trade Deal, but Stands Ready to Retaliate

Nearly every member of the European Union supports a plan to hit back against President Trump’s tariffs if no agreement is reached.