The Tariff Man is on track to hit hard again this summer, and it's bad news for EU companies ranging from Dutch cheesemakers to industrial heavyweight Airbus.
European Commissioner for Trade Cecilia Malmström warned the EU's trade ministers at a meeting on Monday that they need to steel themselves for U.S. President Donald Trump to hit billions of euros worth of European goods with tariffs, ramping up a decadeslong dispute over unwarranted subsidies for Airbus.
Three officials in the room said Malmström warned them that the U.S. has rejected attempts to negotiate a deal on aviation subsidies and added that Washington is now willing to proceed with the tariffs, which would be legal under World Trade Organization (WTO) rules.
Nearly fifty years after the infamous Red Army Faction trials, Germany’s maximum-security Stammheim Prison is once...
Denmark’s government was cautiously optimistic on Saturday following Donald Trump’s announcement of a deal on Greenland...
Israel plans to seek additional US weapons and defence capabilities as "compensation" after Washington approved the...
When Israel deployed its Iron Beam laser weapon for the first time last December, the announcement...
