
EU-US Tariff Deal Sparks Backlash From German Industry Group
Germany’s VDMA criticizes EU-US tariff exemptions as ‘a slap in the face,’ warning of job losses and competitive risks for Europe’s machinery sector.
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Germany’s VDMA criticizes EU-US tariff exemptions as ‘a slap in the face,’ warning of job losses and competitive risks for Europe’s machinery sector.
EU exports to the U.S. fell 10% in June as tariff hikes disrupt trade flows, with major ports like Hamburg seeing 20% cargo declines on transatlantic routes.
EU halts $108B tariffs on US imports despite dissent from France and Germany, as critics question the bloc’s negotiating strategy.
Spanish economist Sergi Basco warns the EU’s new tariff deal with the U.S. may disproportionately harm Germany and Spain, citing weak negotiation tactics and economic risks.
EU approves $109B counter-tariffs on US goods as trade tensions escalate. Deal negotiations continue amid warnings of economic decoupling and strategic shifts toward Asian markets.
Europe’s busiest port faces gridlock as Trump’s 30% tariffs on EU goods strand thousands of vehicles, signaling potential global trade disruptions.
As the August 1 deadline approaches, EU officials emphasize readiness to counter US tariffs while pushing for a negotiated trade agreement.
Former German Chancellor Angela Merkel calls for EU unity against U.S. tariffs, warning of higher costs for American consumers and advocating strategic negotiations.
EU leaders negotiate a critical trade deal with the U.S. as July 9 tariff deadline approaches, with Germany and France divided on strategy. Potential impacts on global markets and Asia-Pacific cooperation discussed.
EU reaffirms commitment to a US trade deal as tariff tensions escalate, with postponed deadlines and economic critiques shaping negotiations.