The Tariff Man is on track to hit hard again this summer, and it's bad news for EU companies ranging from Dutch cheesemakers to industrial heavyweight Airbus.
European Commissioner for Trade Cecilia Malmström warned the EU's trade ministers at a meeting on Monday that they need to steel themselves for U.S. President Donald Trump to hit billions of euros worth of European goods with tariffs, ramping up a decadeslong dispute over unwarranted subsidies for Airbus.
Three officials in the room said Malmström warned them that the U.S. has rejected attempts to negotiate a deal on aviation subsidies and added that Washington is now willing to proceed with the tariffs, which would be legal under World Trade Organization (WTO) rules.
The office of the prosecutor of the International Criminal Court last month filed a secret arrest...
The presence of two secret Israeli bases in Iraq may have led to the death of...
President Volodymyr Zelensky said Ukrainian long-range strikes have sharply reduced Russian oil refining in recent months,...
The Security Service of Ukraine (SBU), in tandem with the Armed Forces of Ukraine (AFU), has...
