News

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 ...

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 Plans to Raise Baseline Tariff to at Least 15% for Countries Without Trade Deals

The rate will apply in addition to individual “reciprocal” tariffs targeting countries with which the US runs a trade deficit ...

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 ...

Coffee and cocoa could be exempt from tariffs in trade deals, commerce secretary says

Natural resources that are not grown in the United States, including coffee and cocoa, could be exempt from import tariffs ...

No tariff pause announced after US-China talks, with Trump set to make the 'final call'

US and Chinese negotiators wrapped up two days of talks Tuesday without an immediate announcement of a further tariff delay ...

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 ...

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 ...