EU USA tariffs

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Several EU countries, including France and Germany, considering ‘anti-coercion’ measures against US to deter trade disputes

Link Securities | According to a report published yesterday by the financial news website CNBC, the European Union (EU) appears to be considering the possibility of deploying its ‘anti-coercion instrument’ — designed as a ‘nuclear option’ to deter trade disputes — in response to the imminent threat of the US government imposing a 30% tariff on EU imports. According to reports, several EU member states, including France and Germany, are…


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Some EU members open to higher US tariffs if enough products exempted from them

Link Securities | According to the financial website Barron’s, citing an article by Bloomberg, some European Union (EU) member states are open to higher tariffs from the Trump administration if enough products are exempted from them. On the other hand, some member states want to activate their anti-coercion instrument (ACI), which gives EU officials the power to impose new tariffs on US technology companies, set specific limits on US investments…


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US announces 30% tariffs on EU starting 1 August; EU keeps door open for negotiations

Bankinter | The US will impose 30% tariffs on the European Union. They will come into effect on 1 August. The tariff will apply across the board to European products imported by the United States. From Europe, Von der Leyen maintains a constructive tone and leaves the door open for further progress in negotiations, while preparing countermeasures. On the same Saturday, the United States also imposed a 30% tariff on…


USA Europe

Trump announces postponement of 50% tariffs on EU until July 9

Link Securities | US President Donald Trump announced on Sunday a delay in the imposition of 50 per cent trade tariffs on the European Union (EU), extending the start of the tariffs to July 9. In a statement on his social media, Trump said he had taken the decision after a telephone conversation with European Commission (EC) President Ursula Von del Leyen, who confirmed the conversation, described it as a…


US against Europe

EU prioritises diplomacy with US, but ready to retaliate with ‘firm’ plan

BancaMarch | Ursula Von der Leyen affirmed that the community as a whole has the power to fight back, with all possible tools on the table. The President of the Commission assured that the bloc is prepared to restrict imports of services of US origin if Trump today makes good on his threat to impose reciprocal tariffs. The EU has the capacity to control trade in services, due to its…


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European Commission announces counter-tariffs on United States

Bankinter | The European Commission has announced the imposition of counter-tariffs on the United States. This is in response to the entry into force this morning of the 25% tariffs imposed by the United States on imports of steel, aluminium and products derived from them, which will have an impact of €26 billion on exports from the European Union (EU). The EU plan has two phases: (i) On 1 April…