President softens his economic and trade stances in the midst of market turmoil
The European Union is expected to pause a series of countermeasures, including tariffs against the United States, for 90 days, following President Donald Trump’s decision to grant a grace period before imposing additional tariffs. European Commission President Ursula von der Leyen posted on social platform X (formerly Twitter): “We took note of the announcement by […]
The European Union has approved its first round of retaliatory tariffs in response to U.S. President Donald Trump’s sweeping trade duties.
Communication between Washington and Beijing is at a standstill, raising the prospects of a long cycle of tariff retaliation. ‘Trump and Xi are locked in a paradox of pressure and pride.’
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Trump’s sweeping new tariffs spark global backlash, with countries from Germany to China warning of trade wars and vowing calm or countermeasures.
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
President leaves little room for exempting Canada or Mexico
Damage could ripple far beyond whiskey and Champagne, American business group warns
Canceled trips, fewer dinner parties and falling sales: ‘We are cutting back on virtually everything’
Trump threatens a 200% tariff on European alcohol.
U.S. convenience store sales fell 4.3% by volume in the year ended Feb. 23
The EU-U.S. trade war has gone up a notch, as President Donald Trump hit back at the EU’s 50% counter-tariffs against American whiskey, threatening to place a 200% tariff on wine and other alcoholic products from the European Union market. The American president issued the threat in a post on his TruthSocial platform, stating that […]