
EU-US Trade Deal Spurs Split Reactions Across Europe
European leaders clash over a 15% tariff deal struck between the US and EU, sparking mixed reactions from trade chiefs and ministers as markets swing.
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European leaders clash over a 15% tariff deal struck between the US and EU, sparking mixed reactions from trade chiefs and ministers as markets swing.
The U.S. and EU struck a tariff deal slashing rates to 15%, sparking relief in Germany and concern in Paris over economic fallout.
Port of Los Angeles cargo jumped ahead of tariffs, then dipped 8% in June—underscoring global trade volatility at the nation’s busiest port.
Toy prices in the U.S. jumped 2.2% in May as tariffs on imports from the Chinese mainland drive costs up, outpacing overall inflation and foreshadowing pricier holiday gifts.
At the WTO General Council in Geneva, the Chinese delegation urged members to oppose unilateral tariffs, protect multilateral trade, and embrace a Stability-Development-Reform framework.
Japan’s tariff talks with the U.S. remain on track despite the ruling coalition losing its upper house majority ahead of an August 1 deadline.
The Fed’s Beige Book warns of a neutral to pessimistic US economic outlook as rising tariffs and policy uncertainty put upward pressure on prices and hiring decisions.
President Trump to impose a 19% tariff on Indonesian exports to the US while eliminating barriers on American goods to Indonesia.
Trump’s new tariffs threaten over 20 economies, revealing Washington’s strategy to pressure trade partners and extend negotiation deadlines.
EU trade ministers debate responses to Trump’s 30% tariff threat, extending talks and preparing countermeasures as the August 1 deadline looms.