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U.S. tariffs on European goods threaten to shake up the world's largest trade relationship
The European Commission describes the trade between the U.S. and the EU as "the most important commercial relationship in the world.” The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat.
Tariffs threaten to shake up big trade relationship
The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.
By Sukriti Gupta and Sanchayaita Roy (Reuters) -European shares were subdued on Monday, with investors on the lookout for any ...
The president is again threatening higher tariff rates on a dozen foreign nations, as a deadline elapses this week for making ...
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Industrial production in Germany climbed in May helped by its export-led car and pharmaceutical sectors, marking a rebound from the decline seen in April, the first month of Trump's tariff blitz.
America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its ...
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington ...
The euro fell slightly against the dollar as the EU faces higher U.S. tariffs unless it secures a trade deal ahead of Wednesday’s deadline.
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