Trump, European Union and Ursula von der Leyen
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EU chief Ursula von der Leyen said the bloc was ready to take all "necessary" steps to safeguard its economic interests, after US President Donald Trump announced that he would impose 30% tariffs on all EU goods.
The European Union could hit the United States with counter-tariffs on 93 billion euros ($109 billion) worth of U.S. goods if the two sides fail to reach a trade deal by Washington's August 1 deadline for imposing import levies.
The EU plans to impose 30% tariffs on €100 billion of U.S. goods as retaliation if no trade deal is reached by Aug. 1, heightening uncertainty.
The EU says the U.S. is resisting efforts to strike a trade deal and warned of countermeasures if no agreement is reached with U.S. by Aug. 1.
The European Union has returned U.S. spirits to its proposed list of retaliatory tariffs. Here's what that could mean for Kentucky's bourbon industry.
European Commission President Ursula von der Leyen said during the Munich security conference Friday the European Union will respond if the United ... firm response to Trump reciprocal tariffs.
EU trade ministers met for the first time at a bloc-wide level on Monday to figure out how to handle Mr. Trump’s sweeping tariffs. Maros Sefcovic, who is the EU trade commissioner, said on Monday that the tariffs Mr. Trump has imposed will hit $416 billion worth of EU exports. The countermeasures being considered by the EU will, in turn, hit ...
The European Commission is working on a plan that could be ready as early as next week to counter President Trump's auto export levies and a 20% tariff on goods from the bloc, a spokesperson said.
It also reportedly cancelled plans for a 50% tariff on U.S. bourbon, a sticking point for Trump, after he threatened a 200% tax on European wine and champagne produces in response. What To Watch For