Tonight, European lawmakers and diplomats will meet in Strasbourg, desperately trying to prevent an all-out transatlantic trade war. The clock is ticking down to an unforgiving 4 July deadline set by Donald Trump. How did Europe end up in this mess? #EuropeToday
Last July, Trump and Ursula von der Leyen struck a trade deal in Scotland.
The maths looked simple: zero tariffs on US industrial goods against a 15% cap on European exports.
It was built to protect a relationship worth almost 1.68 trillion euros.
But now, the European Parliament is pushing back.
After a US Supreme Court ruling against the tariffs, Washington introduced new duties on steel and aluminium, effectively violating the treaty before signature.
EU governments and the European Parliament are set to discuss the implementation of the EU-US trade deal again, amid threats of…
BRUSSELS, Belgium: After satisfying Donald Trump’s calls for Europe to ramp up defense spending in NATO, EU leaders in Brussels…
The European Parliament suspended the ratification of the Turnberry agreement on Monday after the US Supreme Court struck down…
The US president told reporters the deal involved a baseline levy of 15% on EU exports to the US. The agreement came as the clock…
European negotiators failed to reach a common position on Wednesday night
The EU hopes Tuesday to strike a deal towards implementing its nearly year-old trade pact with the United States -- with an…
EU reaches deal on US trade pact as Trump threatens new tariffs by July 4
