Donald Trump, tariff
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Balancing economic interests and security concerns, European officials said they got the best deal possible with President Donald Trump, but critics said Brussels ceded to pressure.
That statement came some 12 hours after Trump announced an agreement Sunday with the European Union that would see a 15% tax paid on products brought into the United States from the bloc. The E.U. also agreed to spend $750 billion on energy purchases from the U.S., while investing an additional $600 billion here.
10hon MSN
As Trump has pulled back from the highest tariffs, this chart shows the economic shock has eased
In the wake of those “Liberation Day” tariffs, financial markets took fright. On April 9 the Trump administration hit pause: the “reciprocal” tariffs were deferred until July 9 and replaced by an across-the-board 10% tariff increase, with a handful of exceptions.
US President Donald Trump says "a lot" of his trade agreement with the UK will be of benefit to Scotland. Following a meeting with Prime Minister Sir Keir Starmer, Trump said he wanted to see Scotland "thrive". The two met at Trump's golf resort in South Ayrshire on the third full day of the US president's private visit to Scotland.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
President Trump is seeking to raise federal revenue by imposing levies on goods from foreign nations. Here’s how the process works.
Trump’s statement comes a day after he announced a trade deal with the EU, which would see a 15 per cent tariff imposed on most European goods being exported to the U.S.
The Stockholm meeting, following similar talks in Geneva and London, is set to extend a 90-day pause on those tariffs. During the hiatus, U.S. tariffs have been lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.
President Donald Trump said Monday he may shorten the time Russian President Vladimir Putin has to end his war on Ukraine before imposing heavy tariffs on Russia.
First Minister John Swinney has vowed to speak out about whisky tariffs as the president's Scottish trip ends.
President Donald Trump and British Prime Minister Keir Starmer are meeting Monday at Trump’s golf resort in Turnberry, Scotland, a day after Trump touted a trade agreement with the European Union. Speaking to reporters,