european union, tariffs and US steel
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Trump said it was a “privilege” to grant the extension after a phone call with European Commission President Ursula von der Leyen.
Global trade stumbled in April as President Donald Trump’s tariffs prompted US consumers to hit the brakes on spending. The undercurrent of anxiety among many American consumers about the economy after the weakest quarter for spending in nearly two years is hitting exporters from Europe to Asia.
European Union Trade Commissioner Maros Sefcovic said on Friday that he had held another call with U.S. Commerce Secretary Howard Lutnick, as the EU and the United States continue efforts to reach a deal on tariffs.
4don MSN
The European Union said Monday that it will "fast-track" trade negotiations with the US as a new deadline looms.
The EU’s proposal outlines mutual investment and procurement plans in artificial intelligence, digital connectivity, and other sectors.
As a court ruling interrupts President Donald Trump’s tariff plans, the U.S.-Europe trade relationship continues to chafe under his bully-to-bargain style.
Stock market today: Dow, S&P 500, Nasdaq soar as Trump pauses EU tariff hikes for fast-tracked talks
The EU on Monday agreed to speed up tariff talks with the US, easing concerns about a trans-Atlantic trade war. The move followed Trump’s announcement on Sunday that the US woul