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European gloom over the Trump deal is misplaced. It’s probably the best the EU could have achieved
The biggest winners in this deal are Europe’s carmakers. The US has collapsed various sector-specific duties on goods like aircraft, cars and automotive parts into the 15% ceiling. This effectively reduces tariffs on EU-made cars (from 27.5%).
11hon MSN
European Union assumes its faces 15% tariffs in the US from Friday. But a key text still isn't ready
The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.
Despite promising no further extensions, President Trump’s tariff will go into effect a week later than his self-imposed August 1 deadline, adding further uncertainty.
"I've seen him look upset before but I've never seen Trump look actually broken," said the "Late Night" comedian.
President Donald Trump's order imposing new tariffs on 68 countries and the European Union starting in seven days has ...
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