EU prepares tariffs on Boeing jets as transatlantic aerospace trade tensions flare
Wednesday, 7 May 2025 () The European Union is set to impose retaliatory tariffs on Boeing jets, escalating trade tensions with the US. This action counters existing US tariffs on European goods, including Airbus aircraft. EU Trade Commissioner Maros Sefcovic confirmed the planned countermeasures if negotiations fail. Aerospace leaders from both Boeing and Airbus advocate for tariff-free trade, warning of industry-wide losses.
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...
The United States and China have agreed to temporarily slash their tit-for-tat tariffs, with the US rate down to 30 percent and Chinese duties cut to to 10 percent, the US trade chief says. Following a..
President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a..
In a surprising move, the United States and China have announced a truce in their ongoing trade war following high-stakes talks in Geneva. The deal will see tariffs significantly reduced, with the U.S...
Wednesday, 7 May 2025 ()
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