7 Articles
7 Articles
"Bad For Us": Trump Rejects EU's 'Zero For Zero' Tariff Proposal
US President Donald Trump said Monday the European Union's proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit. "The European Union has been very, very bad to us, they don't take our cars, like Japan in that sense, they don't take our agricultural product. They don't take anything practically," Trump told reporters at the White House. Last week, Trump announc…
EU ready to talk to US about tariffs but prepared to defend interests, says von der Leyen – video
The European Union is willing to talk to the Trump administration about the sweeping import tariffs announced last week, the European Commission president, Ursula von der Leyen, has said. She also said Brussels was ready to take countermeasures if necessary. Euro-area short-dated yields hit a fresh two-and-a-half-year low on Monday as fears about the economic impact of US tariffs triggered a rout in stocks and led investors to boost bets on Euro…
After Trump, EU seeks zero tariff from India on car imports
India is open to the phased reduction of tariffs to 10 per cent from more than 100 per cent, two industry sources and a government official said. That is despite industry lobbying for India to retain at least a 30 per cent tariff even if it starts reducing the levy.
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