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 Israeli government has forcibly taken large swathes of Palestinian land in the northwest of the...
An extraordinarily violent crackdown by Iranian security forces appears to have succeeded for now in driving...
"Utensils in exchange for a bottle of olive oil and a kilo of za’atar so my...
Preparing for meetings at the World Economic Forum, Ukrainian envoys in Florida made “substantive” progress on...
