
EU Votes for €93B Counter-Tariffs on U.S. Goods
EU member states approved counter-tariffs on €93B of U.S. goods amid stalled talks, as Brussels eyes a 15% tariff deal to avert levies.
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EU member states approved counter-tariffs on €93B of U.S. goods amid stalled talks, as Brussels eyes a 15% tariff deal to avert levies.
The EU proposes €72 billion ($84 billion) in U.S. imports to target if Washington insists on 30% tariffs. A deal must be struck by August 1 to avoid escalation.
The European Commission regrets the US move to raise steel tariffs and is ready to introduce countermeasures if talks falter.
EU Trade Chief Maros Sefcovic warns ‘All options remain on the table’ as 90-day US tariff pause on EU goods nears expiry.
The EU has introduced tariffs on over 20 billion euros of U.S. products, signaling a strategic push for balanced trade negotiations.
EU counter-tariffs on $28B of U.S. goods spark Madrid locals to call US tariffs a ‘serious mistake’, highlighting long-term trade tensions.
Automechanika Shanghai 2024 launches with thousands of exhibitors showcasing the latest in auto parts. Despite EU tariff challenges, the four-day event thrives, highlighting the future of automotive innovation.
China has filed a lawsuit challenging the EU’s new tariffs on Chinese electric vehicles, impacting the future of Chinese automakers in Europe.
The EU imposes tariffs on Chinese electric vehicles, sparking debate on fair trade and the future of the global EV market.
Mercedes-Benz CEO Ola Källenius criticizes the EU’s proposed tariffs on electric vehicles from the Chinese mainland, calling them a crude instrument and advocating for better solutions to maintain market access.