Douglas Busvine

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.

1 month ago | politico.eu | Douglas Busvine

BRUSSELS — The European Commission has published a list of U.S. products that could be subject to retaliatory tariffs after the Donald Trump administration on Wednesday imposed 25 percent global tariffs on steel and aluminum. The 99-page list is dominated by meat, poultry, fruit and vegetables and alcoholic beverages — and includes chewing gum, communion wafers, nicotine vapes and patches, and ... women’s negligés.

2 months ago | subscriber.politicopro.com | Douglas Busvine

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2 months ago | politico.eu | Douglas Busvine

Russia and the United States discussed possible cooperation on energy projects in the Arctic at a meeting in Saudi Arabia Wednesday, a top Russian negotiator told POLITICO. Kirill Dmitriev, who heads the state-owned Russian Direct Investment Fund (RDIF), said the economic conversations had been about broad strokes, but that the two sides had discussed some “specific areas of cooperation.”“It was more a general discussion — maybe joint projects in the Arctic.

2 months ago | politico.eu | Jordyn Dahl |Camille Gijs |Douglas Busvine

BRUSSELS — U.S. President Donald Trump’s promise to implement new tariffs this week matching those of other countries would hit the EU’s automotive sector hardest in an escalating transatlantic trade war.