News

EU brands turn to obscure customs clause to soften blow of Trump's tariffs
L'Oreal and a growing number of European fashion and cosmetics companies are exploring use of an obscure, decades-old U.S.
Trump Order Pushes Tariffs Start Date To August 7—Here Are The Rates Set For 67 Countries And EU
Despite promising no further extensions, President Trump’s tariff will go into effect a week later than his self-imposed ...
Citi Sees Africa Trading More With China, EU After US Tariff Hit
African trade flows may shift further away from the US after President Donald Trump announced a slew of new tariffs, the head ...
European Union assumes it faces 15% tariffs in the US from Friday. But a key text still isn’t ready
BRUSSELS (AP) — The European Union is working on the assumption that the United States will impose a 15% tariff on most EU ...
How new U.S. tariffs on the EU and U.K. could affect the cost of booze
Steep American tariffs on the European Union and United Kingdom could mean higher prices for imported wines and spirits, ...
European equity funds log sharp outflows on tariff worries; US funds attract inflows
European equity funds came under selling pressure in the week through July 30 as a rally in regional stocks cooled, with ...
Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions
Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to ...
Europe Expects Spirits, Wine to Be Hit With 15% Tariff on Friday
The European Union expects wine and spirits exported to the U.S. will face the baseline 15% tariff from Friday, as the clock ...
Asian shares retreat after Trump's order imposing new tariffs on 68 countries and the EU
Asian shares retreated Friday following choppy trading on Wall Street that saw more losses as investors assess President ...
How wealthy yacht buyers plan to avoid the European tariffs
Many of the world's recreational boats and yachts are made in Europe, but most of the biggest buyers are in the U.S. That's ...