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US cars and energy to flood Europe as Trump strikes trade deal
Europe is to be flooded with American cars and energy after Brussels struck an eleventh-hour trade deal with Donald Trump. Under the terms of a pact announced on Sunday, the European Union will face 15 per cent tariffs on exports to the US, staving off a full-blown trade war after months of negotiations.
So, the U.S. imports more and exports less, “The likely effect of all of that is a bigger U.S. trade deficit,” Obstfeld said.
A senior source close to President Macron warned Paris would not back down in its bid to impose huge levies on US tech giants ...
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EU-U.S. Trade Levels Out Between Goods and ServicesAccording to the data, the EU exports significantly more goods to the United States by value than it imports from there – the ...
The Trump administration’s recent trade deals with Japan and the EU raise tariffs on the two large trade partners dramatically, relative to their pre-April levels. Although levying tariffs is a ...
U.S. Trade Representative Jamieson Greer touted the new US-EU trade deal Monday morning on CNBC: TRADE REPRESENTATIVE ...
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