The European Union and United States have been negotiating the joint text for weeks. The deal is much as expected, but it will delay tariff relief for European cars.
Category: European Union
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What Lobsters and Chickens Reveal About Europe’s Trade Strategy
The European Union struck a trade deal that protected political priorities, like chicken and beef standards, while allowing headline-grabbing concessions. Consider lobsters.
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Japan Says Trump to Correct ‘Extremely Regrettable’ Error in Tariff Order
Tensions have been mounting between the United States and Japan as both sides appear to have starkly different interpretations of a trade deal finalized last month.
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Staggering U.S. Tariffs Begin as Trump Widens Trade War
The duties, which the president announced last week, took effect for about 90 countries just after midnight.
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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.
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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.
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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.
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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.
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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.
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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.