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Trump tariffs live updates: Trump pushes for higher EU tariffs as Aug. 1 barrage looms
President Trump is reportedly pushing for higher blanket tariffs on imports from the European Union, throwing a wrench in negotiations ahead of an Aug. 1 deadline for sweeping duties to take effect. The Financial Times reported that Trump wants a minimum of a 15% to 20% tariff on EU goods as part of any deal.
Trump Pushes for 15-20% Minimum Tariff on All EU Goods, FT Reports
(Reuters) -U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff rate that exceeds 10%, even if a deal is reached.
The president's new tariffs on vehicles and auto parts have contributed to a slowdown in affordable car availability in the U ...
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European exporters say a 30% U.S. import tariff would drive prices unsustainably high and hammer their sales. While some ...
The U.S. is the biggest market for champagne with 10% of champagne exports by volume and 15% by value and producers say the ...
Shares of U.S. spirits distillers slid in late trading amid reports that President Trump is pushing for a 15%–20% baseline ...
EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely ...
The August 1 deadline gives the countries time to negotiate agreements that could lower the tariffs. Some investors and ...
The EU has reverted to offering the US tit-for-tat tariff reductions on cars, with negotiators abandoning the idea of a ...
While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.
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