EU warns of ‘big gap’ in trade talks
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The International Monetary Fund has estimated the EU's own internal barriers to the free flow of activity are the equivalent of tariffs of 44% for goods and 110% for services. Mooted reforms such as creating freer cross-border capital markets have made little headway in more than a decade.
German Finance Minister Lars Klingbeil warns the EU to act firmly if tariff negotiations with the US fail. Amid escalating trade tensions, President Trump's proposed tariffs on EU imports intensify. EU favors negotiation but is ready for countermeasures.
The FTSE 100 rose above the 9,000 mark for the first time on Tuesday morning after Brexit Britain was branded a 'clear winner' in Donald Trump's trade war.
The European Union remains hopeful of reaching a trade agreement with the United States despite President Donald Trump's intensified threat of
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inews.co.uk on MSNTrump has set the stage for a colossal trade war – and it could spiral out of controlTrump has also threatened reciprocal tariffs on any counter measures from the EU - the consequences could not be greater
The European Union sent a group of trade officials to Washington on Tuesday, hoping to revive an outline trade agreement with the U.S. after President Trump's letter threatening 30% tariffs. EU trade