European Union, Trump
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Trading partners from the European Union to Japan to Vietnam appear to be acceding to U.S. President Donald Trump's demands to accept higher costs in the form of high tariffs.
Euro falls against dollar, with Trump's tariffs seen as slowing European growth
President Donald Trump just wrapped up a meeting with U.K. Prime Minister Keir Starmer a day after announcing a new trade deal with the European Union.
P resident Donald Trump begins his week in Turnberry, Scotland, where he's scheduled to meet with U.K. Prime Minister Keir Starmer on Monday, according to the White House. Trump on Sunday announced his administration had reached a trade deal with the European Union, saying the U.S. would impose a 15% tariff on most goods imported from the bloc.
Trump had most recently threatened tariffs of 30% on imports from the European Union. But on Sunday, he met with the president of the European Commission, and they agreed to a lower level.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
Trump is showing signs of willingness to renew U.S. support Ukraine, Angela Stent writes in a guest commentary.
The S&P 500 and the Dow edged up in tepid trading on Friday as investors assessed President Donald Trump's latest comments on trade discussions with the European Union and his hints that a rate cut from the U.