European Union, tariff and trade countermeasures
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Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.
President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.
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Inquirer Business on MSNLocal stocks to take cue from trade talksTrade talks with the United States will be the main market mover this week. Anxious investors are looking for the next big thing to jolt life into the local bourse after last week’s worries. Japhet Tantiangco,
Multiple states bordering Canada could feel the greatest impact of a 35 percent tariff on Canadian products starting August 1.
Canada is one of the United States' top trading partners, with more than $410 billion of goods crossing into the country last year.
Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump's deal-making on Saturday after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico.
President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April.
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Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.
The president revived his discredited claims about fentanyl entering the U.S. from Canada to justify his latest proposed rate of 35 percent.
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The EU is prepared to take the necessary steps to safeguard its interests if the U.S. proceeds with imposing a 30% tariff on European goods starting Aug 1, European Commission President Ursula von der Leyen said on Saturday.