E.U

E.U. chief warns of further countermeasures against U.S. tariffs if negotiations fail

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The European Union is preparing further countermeasures against U.S. tariffs if negotiations fail, according to European Commission President Ursula von der Leyen. President Donald Trump had imposed 20% tariffs on the bloc on Wednesday. Speaking on a livestreamed broadcast, von der Leyen said that Trump’s move was a “major blow” to the world economy. “There … Read more

Trump threatens 200% tariff on E.U. wine and liquor over tax on U.S. whiskey

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President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region’s retaliatory 50% tariff on U.S. whiskey, further escalating tensions between two longtime trading partners. Trump also sharpened his rhetoric toward the E.U., which has for decades been one of the closest U.S. allies. “The European … Read more