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2 weeks ago |
subscriber.politicopro.com | Camille Gijs |Koen Verhelst |Geoffrey Smith
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2 weeks ago |
politico.eu | Camille Gijs |Koen Verhelst
BRUSSELS — The European Union is considering whether to suspend for 90 days its tariff counter measures on €21 billion of U.S. exports in response to President Donald Trump’s steel and aluminum tariffs, four EU diplomats told POLITICO. The idea was discussed by European ambassadors in an emergency meeting on Thursday morning, called on the heels of a U-turn by Trump late Wednesday on his “reciprocal” tariffs. Commission President Ursula von der Leyen announced it in a post via X.
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2 weeks ago |
subscriber.politicopro.com | Koen Verhelst |Camille Gijs
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2 weeks ago |
politico.eu | Koen Verhelst |Camille Gijs
BRUSSELS — The EU can apply retaliatory tariffs on around €22 billion of U.S. products like soybeans, motorcycles and orange juice after the bloc’s 27 countries assented to the measures on Wednesday, two diplomats told POLITICO. Hitting back against U.S. President Donald Trump’s steel and aluminum tariffs, the European Union’s countermeasures will apply in three rounds. After some go into force next week, others will apply from mid-May and the final round follows in December.
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2 weeks ago |
flipboard.com | Koen Verhelst |Camille Gijs
1 hour agoDonald Trump mocked world leaders claiming that they are begging him to negotiate on his wide-ranging global tariffs. During a speech at the National Republican Congressional Committee Dinner in Washington, DC, the president claimed countries are “calling us up, kissing my a**” to negotiate. In a mocking voice, Trump said: “Please, Sir, make a deal. I’ll do anything.
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2 weeks ago |
wiadomosci.onet.pl | Giovanna Coi |Paroma Soni |Camille Gijs
Zgodnie z wewnętrznym dokumentem, do którego dotarło POLITICO, Komisja rozważa nałożenie ceł w wysokości do 25 proc. na szeroką gamę towarów eksportowanych z USA o wartości około 22,1 mld euro (107 mld 438 mln zł) w oparciu o import UE w 2024 r. Na liście znalazły się typowe towary rolne i przemysłowe, takie jak soja, mięso, tytoń, żelazo, stal i aluminium. UE chce w tym sposób uderzyć w amerykańskie sektory, które najbardziej polegają na eksporcie transatlantyckim.
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2 weeks ago |
flipboard.com | Giovanna Coi |Paroma Soni |Camille Gijs
NowEU member states agree first wave of retaliatory tariffsAfter several weeks of consultations between member states, EU Commission and industries, the EU adopted retaliatory measures on Wednesday against US …4 hours agoTrump’s tariffs: Why won’t countries buy US meat products? Several countries don’t import US chicken rinsed in chlorine or beef products containing growth hormones.
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2 weeks ago |
politico.eu | Giovanna Coi |Paroma Soni |Camille Gijs
The EU’s response to U.S. President Donald Trump’s decision to impose so-called reciprocal tariffs on all of America’s trading partners may be less aggressive than expected, but it does show some creativity in its bid to hit the U.S. where it will hurt the most. According to an internal document seen by POLITICO, the Commission is considering slapping tariffs of up to 25 percent on a broad range of exports from the U.S. worth around €22.1 billion based on the EU’s 2024 imports.
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2 weeks ago |
flipboard.com | Giovanna Coi |Paroma Soni |Camille Gijs
6 hours agoAs Donald Trump’s sweeping tariffs are threatening to plunge the global economy, many claim that the US President’s anti-China trade policies are based on the theories of a fake economics expert called Ron Vara, a fictional character invented and often cited by Trump’s top trade advisor, Peter …
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3 weeks ago |
politico.eu | Camille Gijs |Douglas Busvine
President Donald Trump dumped the European Union in the worst category of America’s trade partners Wednesday, hitting the bloc with a 20 percent tariff on all imports. Trump’s “Liberation Day” announcement puts the 27-nation bloc in the trade sin bin along with major economies like China, Japan, Taiwan and Korea. The move throws up U.S. trade barriers that haven’t been this high since the Great Depression of the 1930s.