President Trump has big ambitions for the global trading system and is using tariffs to try to rip it down and rebuild it. But the European Union is taking action after action to make sure […]
Tag: European Union
After Trump’s Tariffs Pause, the EU Takes a Moment to Reassess
European Union officials had just approved retaliatory levies of 10 to 25 percent on about $23 billion of American imports when President Trump abruptly changed tack on Wednesday, announcing that he would hit pause on […]
E.U. Officials Approve Retaliatory Tariffs Against the U.S.
The European Union voted on Wednesday to approve its first retaliation measures in response to President Trump’s tariffs, moving closer to placing increased duties on a range of manufactured goods and farm products including soybeans […]
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
President Trump’s self-proclaimed “liberation day,” in which he announced across-the-board tariffs on the United States’ trading partners, carries an echo of another moment when an advanced Western economy threw up walls around itself. Like Brexit, […]
How Countries Reacted to Trump’s Tariffs
Here is how some of the United States’ key trading partners responded on Thursday to President Trump’s stiff new tariffs: China: The Commerce Ministry in Beijing vowed countermeasures against the sweeping new tariffs, which it […]