European Union, Japan and Trump
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EU Looks for 15% Tariff Rate in Possible Deal With U.S.
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European Union officials are set for a summit with China’s top leaders. China’s support of Russia and a long list of trade disputes are on the agenda.
The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
The European Union and Japan will work more closely to counter economic coercion and address unfair trade practices, European Commission President Ursula von der Leyen told reporters on Wednesday.
Chinese and European Union leaders are meeting at a summit in Beijing on Thursday, with trade tensions running high.
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The European Union has its problems, but the bloc is gaining public trust and making new friends. President Trump’s attacks are one reason why.
Shares of Japanese, South Korean and European automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that included reducing tariffs on Japanese auto imports to 15%,
The Council of the European Union – often referred to as the Council of Ministers, or simply the Council – forms one part of the legislature and the budgetary authority of the Union.
According to the publication’s sources, the EU Commission is currently preparing legislation that would see rental car companies like Sixt, Hertz, and Europcar tasked with adopting all-electric fleets by 2030.
The European Union still wants a deal, but with U.S. demands growing, the bloc is getting ready to push back.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.