Trump, European Union and tariff
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Trump said he would postpone a 50% tariff on the European Union to “rapidly get together” with the bloc’s leadership.
Gold futures start the short week with sharp losses, returning all gains made in Friday's rally, although the metal remains up more than 25% YTD. Gold surged Friday after President Trump said he was hitting the European Union with a fresh 50% tariff,
Investors expressed relief that President Trump is delaying a 50% tariff jump for the European Union until July.
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MiBolsilloColombia on MSNThe European Union goes against Trump's tariffs, they seek to avoid the entireThe European Union is actively working to avert the full impact of tariffs threatened by President Donald Trump. This mobilization follows Trump's threat to impose a 50% tariff on EU imports. With a new deadline set,
A new term is popping up on Wall Street called "TACO," which stands for "Trump Always Chickens Out." The President says "it's called negotiation."
Trust in the European Union and its institutions has risen to an almost two-decade high, a report released on Wednesday shows, as U.S. President Donald Trump upends global trade and foreign policy.
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French President Emmanuel Macron's Vietnam visit and Swedish automaker Volvo Cars' layoffs are both, in some ways, responses to Trump tariffs.
Trump agrees to extend the proposed 50% EU tariff to July 9, 2025, after a call with European Commission President Ursula von der Leyen. Talks are set to "begin rapidly," he said.