Trump warned the EU of steep tariffs or a trade halt if its proposed associate partnership with Canada is deemed hostile to Washington.
Trump said the United States will remove a 10 percent tariff on Irish whiskey, a move welcomed by Ireland’s whiskey industry.
The EU and Mexico finalize a decade-long trade agreement eliminating most tariffs and reducing barriers, aiming to boost exports and investment amid shifting global trade dynamics.
The US delays raising tariffs on EU cars until July 4, awaiting compliance with a major 2025 trade agreement, underscoring ongoing transatlantic trade tensions.
The ifo Institute warns that US tariffs on EU cars and possible EU retaliation could plunge Germany into recession by 2026, threatening its critical automotive sector amid escalating trade tensions.