Europe sets plans to hit back at Trump, impose tariffs on US goods
- The European Union plans to impose tariffs on up to 100 billion euros of US goods if trade talks fail by July 2025.
- This move responds to US President Donald Trump's tariff actions starting in March 2025, including a 20-percent levy on most EU goods described as "reciprocal".
- The EU has postponed some retaliatory tariffs worth 21 billion euros to allow negotiations while preparing a broader list including autos and planes valued at over 22 billion euros.
- EU trade chief Maros Sefcovic stated that 70 percent of EU exports face US tariffs between 10 and 25 percent and called the levies unjustified and harmful on both sides.
- If no agreement is reached, the EU will implement these tariffs, signaling readiness for escalation but continues to favor negotiations to avoid a full trade war.
80 Articles
80 Articles
David Hauner is Chief Economist for Emerging Markets at the Bank of America. Europe and China have far too long relied on the US to play the economic engine for the whole world.
Trump fight has forced Europe out of its 'complacent, lethargic' ways, $1 trillion asset manager says
Tariffs may have wreaked havoc across the world, but there’s a silver lining—at least now, Europe has been jolted out of its lethargy “The decisions, the announcements by the U.S. president, have simply pushed Europe out of its pretty complacent, lethargic behavior,” said Stefan Hoops, the chief of Deutsche Bank-owned asset management arm DWS, which has over €1 trillion in assets under management. “You might question the method, but the outcome…
Donald Trump’s tariff hikes means we must foster closer ties to the EU
SUPPORT for Ireland’s membership of the EU has dropped to its lowest level in more than a decade, a poll reveals. A study published this week suggests it has tumbled from 93 per cent in 2019 to 82 per cent in 2025. Billy Kelleher believes Ireland must improve their ties with EU countriesCMC The findings came in a survey conducted by Amárach Research, for the European Movement Ireland (EMI). Backing for being part of the European Union hasn’t bee…
INTERVIEW. The economist considers that the European Union has, in this period of trouble due to Trump's erratic trade policy, all the assets to become the new world eldorado.
The US trade war is going badly. The country's economy is hurting and American companies are suffering. Yet Donald Trump is sticking to his course.
European companies are sounding the alarm over the strong euro. The currency's rise against the dollar this year poses a new threat to exporters already grappling with tariffs from U.S. President Donald Trump, as they fear they are losing another competitive advantage in the U.S. market.
Coverage Details
Bias Distribution
- 41% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
