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Agreement includes 15% baseline tariff for most EU exports to US after deal reached at Scotland crunch talksDonald Trump has announced a deal with the EU to end four months of difficult negotiations between Washington and Brussels and avert a damaging …
Ursula von der Leyen will meet with US president on Sunday, who describes ‘20 sticking points’ in negotiationsIntensive negotiations are continuing on Saturday between the EU and the US before a crunch meeting in Scotland between Donald Trump and the E…
Commission chief to meet president on Sunday as Irish PM says deal will ‘hopefully’ be signed this weekendThe EU appears to be on the verge of signing a trade deal with Donald Trump after the European Commission president, Ursula von der Leyen, announc…
Manufacturer cuts profit margin range for year as German car exports to US fall sharplyBusiness live -latest updatesThe German car manufacturer Volkswagen has said Donald Trump’s US import tariffs have cost it more than £1bn in the first half of the ye…
Don Farrell to caution against shift to system ‘based solely on power and size’ in Friday speech to Lowy InstituteGet our breaking news email, free app or daily news podcastAustralia “will suffer” for generations if Donald Trump’s global trade wars per…
Bloc’s steel exporters face ‘catastrophic’ levy – twice the rate for the UKBusiness live – latest updatesThe latest proposal for a trade agreement between the EU and the US does not include a removal or reduction of the punitive 50% tariff Donald Trump…
Central bank shuns calls to reduce borrowing costs as higher US tariffs loomBusiness live – latest updatesThe European Central Bank has kept interest rates on hold as figures showed the eurozone economy maintaining a steady pace of economic growth amid…
New vehicles declined 12% in first six months of this year as Trump’s tariffs caused chaos, SMMT figures showBritish car and van manufacturing slumped in the first half of the year to its lowest since 1953 outside the Covid pandemic, as Donald Trump’s …
Move expected to help negotiations with US for lower trade tariffs on exports, but Labor says decision was made after scientific assessmentFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast…
Rate would apply to most goods but bloc still hardening retaliatory measures in case Trump does not agree dealThe EU and the US are nearing a trade deal that would place 15% tariffs on most imports from the bloc, it has emerged.The tariff rate, which w…