Trump, EU and Ursula von der Leyen
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Trump, tariffs
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Analysts at Bank of America said that the Japan deal "looks like a reasonable blueprint" for other auto-exporting countries like South Korea.
Last week, Killarney Brewing and Distilling company went to the wall after a failed examinership process. Laying off 54 workers, the company cited the “high tariffs on Irish whiskey exports” as one of the reasons why it was unable to continue trading.
T he U.S. and Japan have reached a trade agreement under which the longtime U.S. will face a 15% tariff—down from a previously threatened 25%—President Donald Trump announced on Tuesday, as Japan’s Prime Minister hailed the move as a “new golden era” in the relationship between the two countries.
Gulf is winning Trump's trade and tariff war, First Abu Dhabi Bank's Simon Ballard tells CNBC's Dan Murphy Trump Wins 6-3 Supreme Court Ruling — Sotomayor Leads Dissent
President Trump’s new levies, which have pushed the country’s tariffs to their highest levels in decades, are typically paid by importers when goods reach U.S. ports. So there is little mystery about who makes that first payment.