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.
US intelligence assessed that Ukraine recaptured around 400 square kilometers of territory after Ukrainian officials disabled...
Irish author Sally Rooney, whose stance in support of Palestine has earned international attention, has confirmed...
Following pressure from the U.S., the Palestinian Ambassador to the United Nations is withdrawing his bid...
A massive overnight Russian drone strike partially destroyed a multi-story residential building in Konotop, Sumy Oblast,...
