European, Japan stocks surge
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The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
President Trump said on Tuesday during an official meeting at the White House with members of Congress, that the US and Japan had reached a trade deal. “I just signed the largest deal in history with Japan,
Oct 8, 2024 - China imposes temporary anti-dumping tariffs on EU brandy, hitting brands from Hennessy to Remy Martin. Oct 29, 2024 - The EU approves imposing extra tariffs of up to 35.3% on Chinese-made EVs for five years, but negotiations continue.
The Trump administration is pressing the European Union to accept blanket tariffs in the range of 15% or more, well above the level the bloc had initially negotiated with the U.S., people familiar with the matter said.
President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.
The EU had first brought the case against China at WTO in 2022, accusing China of blocking European tech companies from using foreign courts to defend their patents. For instance, if a European company beleives a Chinese entity is infringing its patent and wants to sue them,
European shares were subdued early in the session on Monday as investors assessed a mixed bag of corporate earnings while awaiting a potential trade deal between the United States and the European Union.
President Donald Trump announced a trade framework with Japan on Tuesday, placing a 15% tax on goods imported from that nation.
US President Donald Trump said on Tuesday that the United States will make a deal with Japan on LNG (Liquefied Natural Gas). While speaking at an event at the White House, Trump added that Japan will form a joint venture with the U.
The outlook for European corporate health has slightly improved, the latest earnings forecasts showed on Tuesday, despite continued uncertainty over global trade and the European Union preparing for counter-measures against any major U.