The U.S. and European Union have just weeks to reach a new trade deal before President Trump plans to impose a 30% tariff on most imports from the 27 EU member countries starting Aug. 1.
The EU negotiates trade policy as a single entity and was the U.S.'s top goods trading partner in 2024, according to U.S. Census Bureau data. In 2024, the U.S. imported around $606 billion in goods from the EU and exported around $370 billion worth of products to it.
EU leaders have warned they're prepared to impose higher tariffs on hundreds of U.S. imports...
Continue reading...The EU negotiates trade policy as a single entity and was the U.S.'s top goods trading partner in 2024, according to U.S. Census Bureau data. In 2024, the U.S. imported around $606 billion in goods from the EU and exported around $370 billion worth of products to it.
EU leaders have warned they're prepared to impose higher tariffs on hundreds of U.S. imports...
