Canada, tariffs
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The United States and European Union on Thursday released the first official text of a new transatlantic trade agreement, confirming plans to slash tariffs on autos and industrial goods—contingent on Europe enacting its pledge to eliminate duties on U.S. exports.
The latest piece of art added to the White House walls portrays President Trump with four historic American politicians who championed tariffs during their tenures. The new artwork, unveiled Thursday by White House staffer Harrison Fields,
After striking a framework trade deal with the European Union in July, the White House added more details to what the agreement entails Thursday. Most notably, President Donald Trump walked back threats of 250% and 100% tariffs on pharmaceuticals and semiconductors,
The move represents an about-face for Canada, which had been one of the few countries to punch back against President Trump’s protectionist agenda.
The White House unveiled details for its trade deal with the European Union (EU) on Thursday. The Trump administration said its EU counterparts have agreed to eliminate all tariffs on industrial
There’s still much more to come from the White House on tariffs, but the European Union has now reached a trade agreement with the U.S.
The framework deal, announced as a joint White House-EU statement, also includes providing the United States with "preferential" market access for a wide range of its seafood and agricultural products.
White House trade adviser Peter Navarro said Thursday that he doesn’t expect President Trump to extend the timeline on doubling tariffs on India as a penalty for buying Russian oil beyond next
President Donald Trump boasts that his global tariffs are bringing in “much more money than the country has ever seen,” which he says could help reduce the debt and even pay for rebate checks for American taxpayers.
A deal between the U.S. and the E.U. will cap tariffs on many E.U. exports at 15%, a sizable reduction from the president's previous threats.