Transatlantic trade war would hurt both sides, European leaders warn
European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked igniting a trade war that would harm consumers on both sides of the Atlantic.
Transatlantic Trade Tensions: The Looming US-EU Showdown
Trans-Atlantic trade spats are nothing new. The 1965 “ Chicken War ,” which saw President Lyndon Johnson respond to European import restrictions on chickens with a 25% duty on imported trucks—a shelter from competition that gave rise to the explosion in pickup sales and which remains in place today.
Europe races to confront America’s trade war
But if Mr Trump hits Europe with hefty tariffs, as he has just done on Canada, Mexico and China, the EU will aim to find common ground and respond with a mix of playing tough, giving in and embracing a degree of drama.
European leaders warn of pain from transatlantic trade war
European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked setting off a trade war that would cause economic harm on both sides of the Atlantic. European Union foreign policy chief Kaja Kallas said if the U.
Trump threatens trade war with EU
Donald Trump will “absolutely” impose tariffs on the European Union, he announced on Friday as he introduced sweeping taxes on goods from China, Mexico and Canada.
A U.S.-EU Trade War Would Threaten World’s Richest Economic Relationship
BRUSSELS—European leaders, bracing for a fight with President Trump over the world’s most valuable trading relationship, said they are ready to strike back but prefer cooperation. Trump over the weekend announced punishing tariffs on Canada and Mexico and made clear that U.
Trump trade threats overshadow European defence meet
The threat of a transatlantic trade war loomed large Monday over a gathering of European leaders aimed at boosting the continent's defences in the face of an aggressive Russia.
EU leaders vow to hit back if Trump triggers trade war
EU leaders meeting in Brussels Monday warned there would be no winners in a trade war with the United States, insisting they would hit back if President Donald Trump imposes tariffs. French President Emmanuel Macron said the European Union must show its muscle if US President Donald Trump makes good on his threat to target the bloc with a volley of tariffs.
Trump: Britain ‘out of line’ in trade war threat
Donald Trump has warned that the UK is “out of line” in its trade with the US but suggested the imbalance could be “worked out”.
Trump’s Tariff Threats Put UK Economy in a Tight Spot amid Us-Eu Trade War
The United Kingdom is in a more vulnerable position as a result of Donald Trump’s renewed pledge to impose tariffs on important trading partners. As itstwo biggest trading partners, the US, and the EU,
Where Trump’s Trade Fight Could Go Next
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Trump’s tariffs could present economic opportunity for the north, says trade expert
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European Union wants early U.S. talks to avert Trump tariffs
EU seeks swift engagement with US on tariffs to protect interests, aiming for strong partnership through negotiations.
European Leaders on Alert After Trump Says E.U. Will ‘Definitely’ Face Tariffs
President Trump’s threats are carrying more weight after his moves against Canada, Mexico and China. Europe has been ...
European stock markets fall as fear of trade war escalates
European stocks tumbled Monday on the back of sharp falls on Asian bourses overnight as fears of a global trade war escalated ...
Watch live: Trump's tariff threats debated by EU ministers as global trade war kicks off
Watch live as European Union ministers meet in Warsaw, Poland, on Tuesday (4 February) to discuss Donald Trump's threat of US ...
Markets in Asia, Europe slide as Trump starts wielding tariffs
Investors braced for a potential trade war after Trump imposed tariffs on goods from Canada, Mexico and China and pledged ...