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.
The British government has said Jordan's custodianship of Jerusalem's holy sites "must be respected" in a...
The United States has announced fresh economic sanctions on Cuba’s president and some of his immediate...
A Russian drone struck a private residential home in Konotop late Thursday evening, injuring five civilians,...
North Korea on Thursday unveiled a new facility to produce nuclear bomb fuels, with leader Kim...
