WASHINGTON — President Donald Trump and European Union leaders announced Wednesday they have agreed to work toward "zero tariffs" and "zero subsidies" on non-automobile goods and would work to resolve U.S. tariffs on steel and aluminum imports that have roiled European markets. The president, in a hastily called Rose Garden...
Japan, EU Sign Trade Deal Eliminating Nearly All Tariffs
TOKYO — The European Union and Japan signed a landmark deal Tuesday that will eliminate nearly all tariffs on products they trade. The ambitious pact signed in Tokyo runs counter to President Donald Trump's moves to hike tariffs on imports from many U.S. trading partners. It covers a third of...
Survey of Economists: US Sales and Hiring Likely to Grow
DETROIT (AP) — Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. But a majority of the economists surveyed by the National Association for Business Economics say the corporate tax cuts that the Trump administration pushed through...
UK's Theresa May: Trump Told Me To 'Sue the EU' Over Brexit
LONDON — Donald Trump has advised British Prime Minister Theresa May to "sue" the European Union to resolve the tense negotiations over Britain's impending exit from the bloc. The American president told reporters Friday at a joint press conference with May that he had given the British leader a suggestion...
China Vows Retaliation For $200 Billion US Tariff Threat
BEIJING — China's government vowed Wednesday to take "firm and forceful measures" as the U.S. threatened to expand tariffs to thousands of Chinese imports like fish sticks, apples and French doors, the latest salvo in an escalating trade dispute that threatens to chill global economic growth. China gave no details,...
Will British PM Theresa May Lose Her Job Over Brexit Crisis?
LONDON — British Prime Minister Theresa May dug in her heels Monday after the resignation of two top government ministers over Brexit negotiations whipped up a storm that threatened to topple her fragile minority government. Foreign Secretary Boris Johnson quit with a resignation letter accusing May of flying "white flags"...
With US Out, Other World Powers Negotiate Iran Nuclear Pact
VIENNA — Five world powers agreed with Iran on Friday to forge ahead with negotiations with the country and maintain its ability to export gas and oil as they seek to preserve a nuclear deal with Tehran despite the withdrawal of the United States. European Union foreign policy chief Federica...
Harley, Stung by Tariffs, Shifts Some Production Overseas
MILWAUKEE — Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas. The European Union on Friday began rolling out tariffs on American imports like bourbon, peanut butter and orange juice. The EU tariffs on $3.4...
Putting Tariffs on Your Friends Is a Bad Idea. Here's Why.
Europeans, Canadians and Mexicans buy more American goods and services than anyone else in the world. So why would the Trump administration be willing to start a trade war with the United States’ most important trading partners – as well as some of its oldest allies? The current dispute started...
EU’s Refugee Crisis: Which European Countries are Hosting More Asylum Seekers?
In an increasingly interconnected world, the refugee crisis has become a central issue for governments worldwide. Especially after the outbreak of the Syrian crisis, which caused more than one million refugees to cross into Europe in 2015 alone, the debate around forced immigration has started to be addressed by the...