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Tag Archives: EU tariffs

EU Gives Trump the Gift of Lobster in Trade Deal

Lobster. Claws cuffed.

BLOOMBERG, AUGUST 21, 2020 By Jonathan Stearns for Bloomberg – President Donald Trump won a European Union pledge to end tariffs on American lobster as part of a deal that may help him and a Republican senator politically in a state hammered by the U.S. trade war against China. The move should provide some relief to some 10,000 fishermen and support …

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Europe gets tough on Chinese trade expansion and slaps down tariffs

Back of container ship laden with sea containers

BLOOMBERG, JUNE 15, 2020 By Jonathan Stearns for Bloomberg – The European Union fired a warning shot at China over its global trade ambitions with an unprecedented tariff decision to counter Chinese subsidies to exporters. For the first time, the EU on Monday took aim at alleged market-distorting aid granted by a country to exporters located in another state. To date, …

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President Trump Threatens European Union Auto Tariffs Over Lobsters

lobster boat

BLOOMBERG, MAY 6, 2020 By Jordan Fabian and Jenny Leonard for Bloomberg –President Donald Trump threatened to impose tariffs on cars made in the European Union and on unspecified Chinese products unless the trading partners reduce their duties on U.S. lobster. “If the European Union doesn’t drop that tariff immediately, we’re going to put a tariff on their cars, which …

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