Trump And EU Chief Begin Crunch Trade Talks In Scotland
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3hon MSN
US Commerce Secretary Howard Lutnick on Sunday reaffirmed that the Trump administration’s August 1 deadline for imposing new tariffs on key trading partners, including the European Union, is non-negotiable,
Both sides are seen agreeing to extend the truce by three more months. Read more at straitstimes.com. Read more at straitstimes.com.
1hon MSN
The customized tariff rates were slated to take effect on April 9, but then got delayed 90 days and then postponed again until Aug. 1.
The European Union is heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be implemented from August 1,
European Union commissioner Michael McGrath has said "the world has changed" and that economic terms "we had six months ago are no longer available" amid ongoing discussions on an EU-US tariff deal.
Senior US and Chinese negotiators meet in Stockholm on Monday to tackle longstanding economic disputes at the centre of the countries’ trade war, aiming
European Commission President Ursula von der Leyen will meet U.S. President Donald Trump on Sunday in Scotland after EU officials and diplomats said they expected to reach a framework trade deal this weekend.