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EU reacts to President Trump's possible tariffs
Live Q&A: Trump’s EU Tariff Threats and the Impact on Markets
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
European Union reacts to President Trump's possible tariffs
After a meeting in Poland, the European Commission committed to staying together and negotiating with President Trump.
How could Trump's tariffs affect the UK?
One of the justifications Trump has given for imposing tariffs on countries is they have a trade surplus with the US - in other words they sell more to the US than they import from America. He has claimed these trade surpluses amount to "massive subsidies that we're giving to Canada and to Mexico".
China, Tariffs
China’s tariff response
In the context of China’s broader challenges, this all makes sense. Its economy is struggling. Its leaders want to avoid US tariffs. These responses make Beijing look tough to its domestic audience and give it some leverage in potential negotiations, while not overreaching. From Tianlei Huang at the Peterson Institute:
The Latest: China Retaliates Against Trump With Tariffs of Their Own
China countered President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports
U.S. tariffs on China take effect, adding 10% levy to imports
The world’s two biggest economies did not strike a deal before a deadline. President Trump halted tariffs on Mexico and Canada but did not do so for China.
5h
Trump in no hurry to talk to Xi amid new tariff war
The Aga Khan, known for his triumphs in horse racing, dazzling wealth and development work around the world, has died in ...
11h
on MSN
Trump’s tariff tactics carry higher economic risks than during his first term
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...
18h
Trump's 10% tariff on China begins as Beijing plans retaliation on US energy and some cars
China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.
3h
on MSN
Oil declines amid rising US crude inventories, Sino-US tariff war
Oil prices slid on Wednesday as rising stockpiles in the U.S. and market worries about a new Sino-U.S. trade war offset ...
17h
on MSN
Inside the Chaotic Run-Up to Trump’s Tariff U-Turn
The past 48 hours of tariff policies have stunned markets and boardrooms across the world.
11h
Trudeau and Sheinbaum Took Different Routes to a Tariff Deal
The Canadian and Mexican leaders negotiated with President Trump in diverging ways. In the end, they both secured an outcome ...
5h
on MSN
Gold rises to all-time high on Sino-US tariff war
Gold prices hit a record high on Wednesday, bolstered by fears of a new trade war between the United States and China after ...
11h
Stock market today: Dow, S&P 500, Nasdaq recover as traders assess tariff developments, new jobs data
Investors are assessing China's instant retaliation to Trump's additional tariffs, amid worries about the risk of a trade war ...
7h
on MSN
U.S. national anthem booed before NBA game in Toronto despite tariff pause
A few fans booed the American national anthem before the Toronto Raptors hosted the New York Knicks on Tuesday night, a sign ...
21h
Trump Tariff Drama Carries High Stakes for US Automakers, Car Buyers
The Detroit Three are among the most exposed. Stellantis makes 39% of its North American vehicles in Mexico or Canada, while ...
5h
Tariff threats may drive Canadian businesses to Buffalo
El Salvador has agreed to house violent US criminals and receive deportees of any nationality, US Secretary of State Marco ...
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