Trump, European Union and FT
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Howard Lutnick, Trump and tariff
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President Trump’s threat to impose 30% tariffs on the European Union disrupted negotiations. From cars to wine, these are the industries in the firing line.
EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely unacceptable,” and they are studying a new set of countermeasures to respond to the move.
The bloc’s trade commissioner says the two sides were close to a deal before the president last week threatened to impose a 30 percent levy.
President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.
President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.
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