Tarrifs

Trump Says Will Double Steel, Aluminum Tariffs to 50%

US President Donald Trump's announcement that he would double steel and aluminum import tariffs to 50 percent from next week drew ire from the European Union Saturday in the latest salvo in his trade wars aimed at protecting domestic industries. The EU warned it was "prepared" to retaliate against the latest tariffs, adding the sudden move ...

European Stocks Jump Over 2% After Tech Tariff Exemptions

European stock markets rose sharply Monday after the United States announced exemptions from sweeping tariffs for smartphones, laptops, semiconductors and other electronic products, tempering trade war fears. Despite US President Donald Trump suggesting that the exemptions could be short-lived, European stocks rallied around two percent at the ...

What Are Trump's Reciprocal Tariffs and Who May Be Hit?

President Donald Trump's plan for "reciprocal tariffs" on US trading partners is set to spark a flurry of negotiations that could reduce levies. But analysts warn that it also risks painful retaliation. "This is every country, and essentially, when they treat us fairly, we treat them fairly," Trump told reporters. What ...