The European pharmaceutical industry is warning the EU Commission President Ursula von der Leyen that the Trump administration's tariffs could be the starting shot for a wave of relocation of production, research, and development from the EU to the USA.
BusinessThousands of goods are hit with tariffs in the EU's first counterstrike in the trade war with the USA. Step two is already being prepared – at the same time as frustration is growing over the difficulty of getting real negotiations started.
BusinessThe EU's proposal from February on zero tariffs on American industrial goods, including cars, is rejected by the US President Donald Trump. The European Union has behaved very, very badly towards us, he says.
BusinessThe EU wants to negotiate with the USA – but is preparing for countermeasures. On Wednesday, a first list of retaliatory tariffs will be voted on.
BusinessWinter time for the global trading system and great uncertainty. This is how experts describe the situation after President Donald Trump's tariff announcement on Wednesday. And after the Stockholm Stock Exchange opened on Thursday, broad declines are seen. Hope is now pinned on negotiations that could calm the stock market anxiety.
BusinessThe EU wants to negotiate with Donald Trump but is also ready to respond to the US's powerful import tariffs, announces the EU Commission President Ursula von der Leyen.
BusinessDonald Trump's tariffs imply a fundamental change for global trade that will weaken the West, warns the US's allies. Even from China, harsh criticism is coming.
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