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U.S. tariffs on European goods threaten to shake up the world's largest trade relationship
The European Commission describes the trade between the U.S. and the EU as "the most important commercial relationship in the world.” The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat.
Tariffs threaten to shake up big trade relationship
The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.
By Sukriti Gupta and Sanchayaita Roy (Reuters) -European shares were subdued on Monday, with investors on the lookout for any ...
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...
Industrial production in Germany climbed in May helped by its export-led car and pharmaceutical sectors, marking a rebound from the decline seen in April, the first month of Trump's tariff blitz.
President Donald Trump announced impending trade pacts and higher tariffs taking effect on August 1. The move has sparked ...
French President Emmanuel Macron hailed the ruling as a ‘positive step’, after Beijing granted exemptions to France’s top ...
The EU is contemplating a temporary trade agreement with the US, retaining a 10% tariff on most exports, following negotiations aimed at averting President Trump's threatened 50% tariff on European ...
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