EU, Howard Lutnick and Commerce Secretary
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The European Union still wants a trade pact with the US, but is said to be readying its counterattack as President Trump plays hardball and makes a no-deal outcome more likely. EU member states are pushing for new and stringent measures to retaliate against US companies,
President Trump's threatened 30% tariffs on the EU might prompt some businesses to take another look at the U.K.
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Money Talks News on MSNTrump's 30% EU and Mexico Tariffs Could Devastate Your Investment Portfolio by Aug 1
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The central bank is expected to leave borrowing costs unchanged for the first time in a year Thursday. But that might prove to be a brief pause.
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‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters
European exporters say a 30% U.S. import tariff would drive prices unsustainably high and hammer their sales. While some manufacturers are shifting their supply chains stateside or elsewhere, not all businesses have the same flexibility — and can't easily replace the developed U.
The president's new tariffs on vehicles and auto parts have contributed to a slowdown in affordable car availability in the U.S., according to Cars.com.