President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged…
The deal was eventually approved by the European Parliament in March, but only after a clause had been added, allowing it to be suspended if the Trump administration was deemed to have “undermined the objectives of the deal, discriminated against EU economic operators, threatened member states’ territorial integrity, foreign and defence policies, or engaged in…
US president says EU ‘not complying’ with current trade deal; launches latest tariffs amid global economic uncertainty. Published On 1 May 20261 May 2026 United States President Donald Trump has said he will increase tariffs on automobiles from the European Union to 25 per cent. The announcement on Friday could jolt the world economy at a…
The Trump administration has taken a novel approach as it looks for ways to issue new tariffs to replace the levies invalidated by the Supreme Court. It began a new trade investigation in March that targets 59 countries and the European Union with potential tariffs unless they pass laws that ban imports of goods made…
You probably won’t receive a huge tariff refund. The largest businesses stand to reap the biggest bucks as the Trump administration begins to return more than $166 billion in duties deemed illegal by the Supreme Court. Even though President Trump’s trade policies have led to higher prices for companies and consumers, many families aren’t in…
Shorouk Express Increasing the threshold would make it easier for pricier drugs to reach patients, but would mean the NHS will pay more overall for medicines. The government is expected to brief U.K. pharmaceutical companies on the details later this week, the same two figures cited above said. One of the figures said the government…
Shorouk Express The moves echo a French proposal backed in July by Europe’s steel lobby EUROFER and 11 EU nations, including Spain and Italy. That plan proposed slashing the bloc’s current steel safeguard quotas by 40 percent to 50 percent. Imports exceeding the quotas would catch a 50 percent tariff. “As a non-EU country, we…
Shorouk Express “There should not be any doubt: their tariffs on cars and car parts should go down. That is the U.S. part of the bargain,” the official, speaking on condition of anonymity, told a briefing. Lobster in, beef out Commission officials underlined that no “sensitive” farm goods were included, stressing that U.S. beef and…
Shorouk Express Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email Royal Mail has temporarily suspended accepting parcels to the United States after Donald Trump’s administration decided to scrap a customs tax rule that…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email President Donald Trump has signed off on sweeping new tariffs for dozens of countries as he continues to escalate his global trade war….
