After Donald Trump’s unveiling of sweeping tariffs on Wednesday night, European Commission president Ursula von der Leyen said the European Union was prepared to respond with countermeasures if talks with Washington failed. The US president fired the long-promised first shots in what may become a global trade war with his announcement of sweeping tariffs in … Read more
US president Donald Trump on Wednesday unveiled sweeping tariffs of at least 10 per cent on goods imported from most US trading partners. The president, displaying a chart at the event in the Rose Garden of the White House, outlined how dozens of countries with the largest trade imbalances will face even higher rates, in … Read more
After Donald Trump’s unveiling of sweeping tariffs on Wednesday night, attention will switch to Brussels when European Commission president Ursula von der Leyen outlines the EU’s response in an early-morning statement. The US president fired the long-promised first shots in what may become a global trade war with his announcement of sweeping tariffs in front … Read more
Main Points US president Donald Trump has announced 20% tariffs on all imports from the European Union Tariffs of 10% will be charged on imports from the UK Holding a chart listing all of the countries targeted, Trump said the US is charging a “discounted reciprocal rates” and that the EU should actually be charged … Read more
Main Points US president Donald Trump will announce sweeping tariffs on Wednesday, which will take place with immediate effect The scope and severity of the tariffs have been a closely guarded secret and the general mystification has led to lurching market prices and widespread foreboding among the United States’ trading partners, including Ireland. The announcement … Read more
Any European Union retaliation to Donald Trump’s tariffs will be “negative” for European economies, but worsening relations between Europe and the US present an opportunity for the bloc to become more independent, the European Central Bank (ECB) president told Irish radio on Wednesday morning. Christine Lagarde, who is in Dublin to receive an award, was … Read more
A former senior economic adviser to Donald Trump has said that he admired Ireland’s corporate tax rate and that the US might be wiser in reducing its corporation tax, like Ireland. Stephen Moore told RTÉ radio’s Morning Ireland that he would prefer to see the US reduce its corporation tax rather than raise its tariffs. … Read more
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The European Union (EU) “holds a lot of cards” in the escalating dispute over trade tariffs with the United States, European Commission president Ursula von der Leyen has said. US president Donald Trump is expected to announce sweeping 20 per cent tariffs on trade imports coming from Europe and other parts of the world on … Read more
PARIS: The countries that run the biggest trade surpluses with the United States may be the prime targets of President Donald Trump’s incoming onslaught of “reciprocal” tariffs. Trump is set to unleash tariffs on Wednesday (Apr 2) – what he has dubbed “Liberation Day” – that will vary from country to country depending on the … Read more