Trump, EU Commission and tariffs
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Reuters |
The European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday in response to President Donald Trump's tariffs on steel and aluminium, a document seen by Reuters showed.
The New York Times |
Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “...
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Steel and aluminum are essential for high-rise construction, and are often cheaper to produce in countries like China, Mexico or Canada, one expert said.
After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import taxes that are the steepest seen in nearly a century and affect all of the country's trade partners.
President Donald Trump on Monday directed a powerful U.S. national security panel to take a fresh look at Nippon Steel's bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes for an elusive greenlight for the deal.
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ET Now on MSNUS Trump Tariffs impact on steel: From Vedanta to JSW Steel, Indian metal giants gear up for warDomestic steel demand is expected to grow by 10 per cent annually over the next few years. Likewise, aluminium demand is expected to grow at a CAGR of 7.2 per cent till 2030. Now, amid US tariff tensions,
President Donald Trump said Sunday that he won’t back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S., digging in on his plans to implement the taxes that have sent financial markets reeling.
Chip stocks seemed to recover on Monday despite EU countries looking to retaliate against U.S. President Donald Trump's tariffs. White House said in a post on X that rumors of a 90-day pause on tariffs were false.
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Yonhap News Agency on MSNS. Korea to 'actively' negotiate on U.S. steel, auto, reciprocal tariffs: trade ministerSouth Korea will "actively" negotiate with the United States to minimize the impact of U.S. tariffs on South Korean industries and the economy, Trade Minister Cheong In-kyo said Tuesday as he headed to Washington for talks on U.
China will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S.
The S&P 500 swung wildly after more losses in Asia and Europe. President Trump said he would not back off his trade war, reinforcing fears of a global economic downturn.