Tag #Retaliation

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EU Imposes \$23 Billion in Retaliatory Tariffs on US Goods

The EU approved \$23 billion in retaliatory tariffs on US goods in response to US tariffs on steel and aluminum, with implementation starting April 15th and continuing into December, while expressing a preference for negotiation.

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politico.eu
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EU Weighs Digital Services Retaliation Against US Tariffs

The EU is considering retaliatory measures against the US for imposing tariffs, focusing on the digital services sector due to a trade deficit and the dominance of US tech giants in the European market; however, internal disagreements complicate a unified response.

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foxnews.com
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Texas Judge Awards $6.6 Million to Whistleblowers Who Accused Attorney General of Retaliation

A Texas judge awarded $6.6 million to four whistleblowers who claimed Texas Attorney General Ken Paxton fired them for reporting him to the FBI in 2020 for alleged bribery and misuse of office; Paxton plans to appeal.

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abcnews.go.com
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China Imposes 34% Tariff on All US Imports in Retaliation

China retaliated against new US tariffs with a 34% tariff on all US imports, effective April 9th, alongside export controls on rare earth minerals, WTO litigation, and import suspensions of US sorghum, poultry, and bonemeal from numerous companies; this follows earlier rounds of tariffs and marks a ...

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npr.org
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Trump's Global Tariffs Spark International Outrage and Retaliation Threats

President Trump's newly imposed global tariffs sparked international outrage, with the EU and China vowing retaliation. The seemingly arbitrary targeting of various countries, from major economies to small island nations, has added to the confusion and concern over potential global economic conseque...

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elpais.com
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Canada Imposes Retaliatory Tariffs on US Cars

Canada announced 25% retaliatory tariffs on U.S. cars (excluding USMCA imports) in response to similar U.S. tariffs on Canadian cars, steel, and aluminum, impacting the automotive sector and potentially causing a broader economic downturn; Prime Minister Mark Carney stated that these tariffs will ge...

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pt.euronews.com
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EU Finalizes Retaliatory Tariffs Against US, Divisions Remain on Broader Measures

EU ministers agreed on retaliatory tariffs against the US, including bourbon whiskey, in response to US tariffs on steel and aluminum; however, a second round of measures addressing broader tariffs is still under discussion, revealing internal divisions within the EU.

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us.cnn.com
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Texas Judge Awards $6.6 Million to Whistleblowers Who Accused Attorney General of Bribery

A Texas judge awarded $6.6 million to four whistleblowers who were fired after reporting Texas Attorney General Ken Paxton to the FBI for bribery allegations; Paxton plans to appeal the ruling, which follows his impeachment and acquittal in the Texas Senate and a dropped federal investigation.

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forbes.com
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China Retaliates Against Trump Tariffs with 34% Duty on US Exports

China imposed a 34% tariff on US exports in retaliation for President Trump's global tariffs, impacting key sectors such as soybeans, aircraft, and vehicles; this action is expected to cause significant economic disruption, mirroring past trade conflicts.

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arabic.euronews.com
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Macron Condemns Trump's Tariffs, Urges EU Investment Freeze

French President Emmanuel Macron criticized President Trump's decision to impose reciprocal tariffs on most countries, calling it "brutal" and "unjustified," urging a temporary suspension of European investments in the US and highlighting the EU's €156.6 billion surplus in goods trade with the US in...

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forbes.com
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Trump Tariffs: $290 Billion Revenue Increase Projected, but at Steep Economic Cost

The Trump administration's new tariffs, announced April 2, are projected to raise $290 billion in government revenue in 2025 but decrease average U.S. after-tax income by 2.1% and cost almost 400,000 jobs, according to the Tax Foundation, with global repercussions already apparent in retaliatory tar...

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politico.eu
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EU Weighs Retaliatory Tariffs on U.S. Services

Facing President Trump's reciprocal tariffs, the European Union is considering targeting U.S. services, including Silicon Valley and Wall Street, to retaliate, wielding its net import position of U.S. services as leverage, a significant escalation of the ongoing trade war.

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Showing 85 to 96 of 172 results