The Tariff Man is on track to hit hard again this summer, and it's bad news for EU companies ranging from Dutch cheesemakers to industrial heavyweight Airbus.
European Commissioner for Trade Cecilia Malmström warned the EU's trade ministers at a meeting on Monday that they need to steel themselves for U.S. President Donald Trump to hit billions of euros worth of European goods with tariffs, ramping up a decadeslong dispute over unwarranted subsidies for Airbus.
Three officials in the room said Malmström warned them that the U.S. has rejected attempts to negotiate a deal on aviation subsidies and added that Washington is now willing to proceed with the tariffs, which would be legal under World Trade Organization (WTO) rules.
The so-called Board of Peace that President Donald Trump officially launched in Davos, Switzerland last week...
United States envoy Steve Witkoff says he and his colleague Jared Kushner have held “constructive” talks...
Venezuela’s acting President Delcy Rodríguez said she has had enough of orders from Washington, in a...
A US security agreement for Ukraine is “100% ready” to be signed, Ukrainian president Volodymyr Zelenskyy...
