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Sunday, September 27th, 2020
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Tag Archives: EU

Many favorite European goods hit by new US tariffs

PortandTerminal.com, October 18, 2019 A fresh round of U.S. tariffs on $7.5 billion in European goods takes effect Friday in retaliation for what the World Trade Organization decided were illegal EU subsidies for airplane maker Airbus. WASHINGTON, DC – The US imposed 25% tariffs on $7.5bn on some favorite goods from the European Union (EU) just after midnight in on October 17th. The …

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France says it will block EU trade deal with Brazil over Amazon forest fires

PortandTerminal.com, August 25, 2019 France will block an EU trade deal with Brazil and its neighbours over the country’s handling of fires in the Amazon rainforest, a spokesperson for Emmanuel Macron said this week. PARIS, FRANCE – Brazil’s Amazon rainforest is in flames, burning at the highest rate since 2013 when that nation’s space research center first began tracking fires there. The Amazon …

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TRADE: Is America ready for a major two-front trade war?

PortandTerminal.com, July 4, 2019 Donald Trump has threatened fresh tariffs on $4bn of European products including cheese, scotch whisky and olives, ratcheting up pressure on the EU in a long-running row over aircraft subsidies. Brussels, Belgium – With most of the oxygen in the room these days being consumed by the punishing China/United States trade war, it would be easy to overlook …

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