The European Union is facing increased pressure to avoid the new 30% tariffs that President Trump will impose from August 1. Brussels has developed a four-point strategy, including compromise offers, such as cutting EU tariffs on American cars in exchange for lower US tariffs. The impact of existing tariffs is being felt in the profits of European companies like Volvo Cars. Negotiations continue, but trade risks are growing and an escalation of the conflict is becoming increasingly imminent.
Sources
Latest News
17:18
Liberia announces that it will accept up to 1,200 foreign nationals expelled from the USA, as part of a program initiated by Donald Trump.
17:15
CSM contests the salary positioning of the president of the ICCJ below ministers and presidential advisors
17:09
ISU Harghita identified 82 mortar bombs in the forest of Tușnad Nou. The firefighters intervened with a bomb disposal team to remove them.
17:09
A legislative proposal submitted to Parliament aims to delineate and supervise beekeeping areas, with penalties of up to 30,000 lei for non-compliance with the rules.
17:09
The Swiss police announced the discovery of the bodies of two Belgian climbers who disappeared 34 years ago, brought to the surface by the melting of a glacier.
See more news