The European Union is negotiating expanded trade deals with countries in response to threatened US tariffs.
Alma Stefureac
International
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The EU is preparing to expand its trade commitments with countries such as Japan and Canada in the wake of Donald Trump's threats of 30% tariffs. EU Competition Commissioner Teresa Ribera emphasized the importance of agreements with India and other Asia-Pacific countries. In addition, the EU has suspended retaliatory measures against the US until August 1, but is preparing €21 billion in tariffs in response, while economists warn that the tariffs could negatively affect the eurozone economy.
Sources
Bloomberg: UE intenţionează să-şi extindă colaborarea cu unele ţări afectate de taxele vamale americane
Pieţele bursiere europene înregistrează scăderi, după ameninţarea SUA cu impunerea de taxe vamale de 30% pentru toate produsele UE
Uniunea Europeană intenţionează să-şi extindă colaborarea cu unele ţări afectate de taxele vamale americane
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