insert_link Business / Economics EU prepares $24.5 billion in tariffs on U.S. goods amid trade standoff The European Union has drawn up a retaliatory list of tariffs worth $24.52 billion on American goods, according to Italy’s Foreign Minister Antonio Tajani, who confirmed the move during a high-level meeting of EU trade ministers in Brussels. The potential sanctions come in response to the United States' decision to impose a 30% tariff on select European imports—an action that has sparked concern across EU capitals and revived fears of […] today14 July, 2025
insert_link Business / Economics EU imposes tariffs on Chinese electric vehicles The European Union has imposed additional tariffs on Chinese electric vehicles in a move the bloc says is in response to unfair trade practices. The EU accuses China of flooding the European market with heavily subsidized EVs. William Denselow reports from Brussels. today5 July, 2024