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The EU is delaying retaliatory tariffs on US goods in hopes of reaching a deal by Aug. 1
The European Union has decided to hold off on imposing retaliatory tariffs on U.S. goods that were set to begin Monday.
What's in the EU's countermeasures to US tariffs?
The European Union could hit the United States with counter-tariffs on 93 billion euros ($109 billion) worth of U.S. goods if the two sides fail to reach a trade deal by Washington's August 1 deadline for imposing import levies.
Axios4h
U.S. automakers find little to cheer in Japan trade deal
Trump's promise to strengthen the U.S. auto sector often runs counter to his trade actions, leaving automakers frustrated and confused.
30% US tariff on European goods threatens to shake up a key trade relationship
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.
NBC Los Angeles18h
Germany's auto giants rally as U.S.-Japan trade deal raises hopes of a tariff breakthrough
Citi economist Katsuhiko Aiba said the U.S.-Japan trade deal could influence the course of talks with other major auto exporters, namely the EU and South Korea.
Detroit Carmakers Blast Japan Trade Deal, but Their Shares Are Rallying Anyway
Trade pact would lower tariffs on car imports from Japan to 15% from 25%, spurring hope that other countries could get similar deals.
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