News

EU wine, spirits to face 15% US tariff from August 1, EU says
European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue ...
EU Expects Spirits, Wine to Be Hit With 15% U.S. Tariff
The U.S. and EU are ironing out the finer details of a trade agreement. Wine and sprits are not expected to be exempted from ...
Ferrari CEO: Pricing, guidance unchanged despite tariff deal; will 'separate' tariff costs on invoice
Ferrari reported another strong quarter and said the EU-US preliminary tariff deal of 15% on imported goods means it has ...
Triumphant in trade talks, Trump and his tariffs still face a challenge in federal court
The U.S. Constitution gives the power to impose taxes — including tariffs — to Congress. But lawmakers have gradually ...
AFP on MSN1d
Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes
A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, ...
Rating firms say US tariffs alone will not trigger EU sovereign downgrades
The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could ...