News

Higher US tariffs part of the price Europe was willing to pay for its security and arms for Ukraine
Part of the agreement involves a commitment to buy American oil and gas. Over the course of the Russia-Ukraine war, now in ...
Trump reaches agreement with E.U. to impose 15% tariff, with exceptions for key industries
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading ...
Will the US-EU Tariff Worsen the Luxury Slowdown?
The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes ...
Rating firms say US tariffs alone will not trigger EU sovereign downgrades
The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could ...
Luxury Stocks Aren’t Celebrating the EU Tariff Deal. Here’s Why.
The 15% rate is higher than the current 10% tariff rate on European luxury goods. Investors may have wanted better terms for ...
US-EU deal sets a 15% tariff on most goods and averts the threat of a trade war with a global shock
EDINBURGH, Scotland -- The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher import duties on ...
Trump’s tariffs could squeeze US factories and boost costs by up to 4.5%, a new analysis finds
The U.S. stock market has shown relief the tariff rates aren’t as high as Trump initially threatened in April and hope for a ...
Euro falls against dollar, with Trump's tariffs seen as slowing European growth
Euro falls against dollar, with Trump's tariffs seen as slowing European growth ...
Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to ...