tariff

EU 'Locked and Loaded' to Conclude Trade Deal with US

The EU said Friday it was ready to strike a deal with Washington to avoid swingeing tariffs, after US President Donald Trump sowed doubt over reaching an accord. "We remain on our side fully locked and loaded to conclude an agreement with the US," EU trade spokesman Olof Gill told reporters. "Let's see what happens when our friends in Washington ...

Trump Says New Tariff Deadline 'Not 100 Percent Firm'

US President Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs Monday -- but then said he may be flexible on his new August deadline to reach deals. Trump sent letters to trading partners, including key US allies Japan and South Korea, announcing that duties he had suspended in April would snap ...

Where Do Trade Talks Stand in the Rush to Avert Higher US Tariffs?

US President Donald Trump has said he will send letters to select trade partners facing tariff hikes as early as Monday, piling pressure on countries to strike a deal with Washington before a new August 1 deadline. The White House announced sharp levies on dozens of economies in April, citing a lack of "reciprocity" in trade relations, which were ...

Trump's Film Tariff Shocks Hollywood: 'Makes no Sense'

Hollywood reacted with skepticism on Monday to US President Donald Trump's announcement of 100 percent tariffs on foreign films, with movie insiders calling it a policy made up on the fly by a president who fails to understand how the industry works. "It makes no sense," entertainment lawyer Jonathan Handel said of Trump's idea. Handel told AFP ...