US EditionEU readying ‘countermeasures’ if tariffs deal with US crumbles
- On Friday, U.S. President Donald Trump announced a 50% tariff on steel imports, affecting trade between the U.S. And the EU.
- The tariffs came after a 90-day suspension designed to facilitate negotiations, which leaders from the European Union and the United States agreed to expedite last week.
- European Commission spokesperson Olof Gill said the EU is preparing countermeasures, finalizing an expanded list set to take effect on or before July 14.
- Gill indicated that if the ongoing negotiations fail to reach an equitable agreement, the European Union is ready to implement retaliatory measures, particularly in reaction to the recent tariff hike.
- These developments complicate ongoing trade talks, as the EU aims to avoid tariff hikes that could raise prices on products from cars to household goods.
Insights by Ground AI
Does this summary seem wrong?
51 Articles
51 Articles
All
Left
9
Center
17
Right
7
America’s Retreat Is Europe’s Big Opportunity | by Pinelopi Koujianou Goldberg - Project Syndicate
In light of recent domestic and global developments, European policymakers increasingly see America’s retreat as a chance for their own countries to catch up and thrive in the twenty-first-century economy. But to succeed, they will have to address four politically difficult questions that have long been swept under the rug.
EU prepares ‘countermeasures’ for threatened Trump tariffs
The European Union yesterday said it is preparing “countermeasures” against the United States after the Trump administration’s surprise tariffs on steel rattled global markets and complicated the ongoing wider tariff negotiations between Brussels and Washington.
·Ireland
Read Full Article
Coverage Details
Total News Sources51
Leaning Left9Leaning Right7Center17Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 27%
C 52%
R 21%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
