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.
Israel handed over the bodies of 45 Palestinians on Monday, the Red Cross said, a day...
A fire and explosion at a convenience store in northwestern Mexico killed at least 23 people,...
Ukrainian long-range drones attacked an industrial plant around 1,300 kilometers (800 miles) inside Russia, local officials...
Hamas handed over bodies of three hostages on Sunday, even as the Palestinian militant group traded...
