Retaliatory tariffs
EU Delays Retaliatory Tariffs on US Goods Amid Trade Deal
The European Union has delayed retaliatory tariffs on exports from the United States as officials scramble to reach a trade deal with Washington ahead of US President Donald Trump’s August 1 deadline. European Commission President Ursula von der Leyen said on Sunday that the bloc would extend its suspension of countermeasures as it continued negotiations […]
US-China Trade Tensions Rise as China Slaps 84% Tariffs on American Goods
Trade tensions between the world’s two largest economies have escalated dramatically. China announced on Wednesday that it will impose steep tariffs of up to 84% on a wide range of U.S. imports. These tariffs will be effective from 12:01 p.m. on Thursday, April 10. The move is a direct response to a fresh wave of […]