Us Eu Trade War

The United States and the European Union have agreed to end a festering dispute over US steel and aluminum tariffs imposed by former US President Donald Trump in 2018, removing an irritant in transatlantic relations.

The European Union and the US is reported to have resolved a 17-year-old trade tariff battle that has affected everything from food products to motorcycles.

The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the U.S.-China tech war that keeps the president of the European Chamber in China "awake at night."

A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbour" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.

Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars and parts from the European Union and Japan amid an ongoing trade war with China, five auto officials told Reuters.

U.S. President Donald Trump is expected to announce this week he is delaying a decision on whether to slap tariffs on cars and auto parts imported from the European Union, likely for another six months, EU officials said.

The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.

EU leaders rounded on US President Donald Trump over his trade threats on Saturday as they arrived in the chic French seaside resort of Biarritz for a G7 summit overshadowed by trans-Atlantic tensions and worries about the global economy.

Major car-producing nations are due to meet without the U.S. to discuss possibly coordinating their response to President Donald Trump's threat of tariffs.

The United States and the European Union are kicking off talks aimed at lowering trade barriers as officials looked to head off a brewing trade war. Trump said they had agreed in talks to "work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods."

US President Donald Trump on Tuesday defended his trade strategy, insisting that imposing tariffs forces other countries to negotiate with Washington.

Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by U.S. President Donald Trump's trade policies.

During their exchange, Trump suggested that leaving the trade dispute unresolved could still be "positive." Rutte responded by raising his eyebrows, laughing and cutting in to say, "no."

Europe is "possibly as bad as China" on trade, US President Donald Trump said in an interview broadcast Sunday, with trade wars emerging against both the Asian giant as well as longtime allies in Europe and Canada.

"Trade wars are good, and easy to win," a confident President Donald Trump tweeted in March, before escalating disputes with a number of countries, including U.S. allies and major Asian economies.

The United States and the European Union have agreed to end a festering dispute over US steel and aluminum tariffs imposed by former US President Donald Trump in 2018, removing an irritant in transatlantic relations.

The European Union and the US is reported to have resolved a 17-year-old trade tariff battle that has affected everything from food products to motorcycles.

The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the U.S.-China tech war that keeps the president of the European Chamber in China "awake at night."

A global reform of the taxation of corporate digital revenues is very unlikely if the United States continues backing a "safe harbour" plan which would allow firms to choose how to be taxed, European Union tax commissioner Paolo Gentiloni said on Tuesday.

Major automakers think U.S. President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds on imported cars and parts from the European Union and Japan amid an ongoing trade war with China, five auto officials told Reuters.

U.S. President Donald Trump is expected to announce this week he is delaying a decision on whether to slap tariffs on cars and auto parts imported from the European Union, likely for another six months, EU officials said.

The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.

EU leaders rounded on US President Donald Trump over his trade threats on Saturday as they arrived in the chic French seaside resort of Biarritz for a G7 summit overshadowed by trans-Atlantic tensions and worries about the global economy.

Major car-producing nations are due to meet without the U.S. to discuss possibly coordinating their response to President Donald Trump's threat of tariffs.

The United States and the European Union are kicking off talks aimed at lowering trade barriers as officials looked to head off a brewing trade war. Trump said they had agreed in talks to "work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods."

US President Donald Trump on Tuesday defended his trade strategy, insisting that imposing tariffs forces other countries to negotiate with Washington.

Japan and the European Union signed a wide-ranging free trade deal on Tuesday that both sides hope will act as a counterweight to the protectionist forces unleashed by U.S. President Donald Trump's trade policies.

During their exchange, Trump suggested that leaving the trade dispute unresolved could still be "positive." Rutte responded by raising his eyebrows, laughing and cutting in to say, "no."

Europe is "possibly as bad as China" on trade, US President Donald Trump said in an interview broadcast Sunday, with trade wars emerging against both the Asian giant as well as longtime allies in Europe and Canada.

"Trade wars are good, and easy to win," a confident President Donald Trump tweeted in March, before escalating disputes with a number of countries, including U.S. allies and major Asian economies.