Trump, european union and Trade
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For more than 200 years, the São José Paquete d’Africa lay hidden off Cape Town’s shore. Its excavation in 2014 uncovered a tragic story of enslavement and commerce from the time of the trans-Atlantic slave trade.
DAX climbs as US-EU LNG deal lifts trade optimism. Focus shifts to US data and Fed rate outlook to guide near-term market sentiment.
Exports to the U.S. fell for the second consecutive month in May after a first-quarter boom, but remained higher than a year earlier.
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergThe Dutch Intersection Is Coming to Save Your LifeAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsLA Homelessness Drops for Second YearManhattan,
The International Monetary Fund has estimated the EU's own internal barriers to the free flow of activity are the equivalent of tariffs of 44% for goods and 110% for services. Mooted reforms such as creating freer cross-border capital markets have made little headway in more than a decade.
The European Commission has reportedly paused its investigation into Elon Musks social media platform X (formerly Twitter) over potential violations of the EUs Digital Services Act (DSA), according to the Financial
The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1.
German Finance Minister Lars Klingbeil warns the EU to act firmly if tariff negotiations with the US fail. Amid escalating trade tensions, President Trump's proposed tariffs on EU imports intensify. EU favors negotiation but is ready for countermeasures.
3don MSN
The European Union has prepared a €21 billion ($24.5 billion) list of tariffs on U.S. goods in case trade talks fail, Italy's Foreign Minister Antonio Tajani said in an interview with Il Messaggero newspaper,