June 8, 2025
Sydney 29

‘If negotiations not satisfactory, countermeasures will kick in’: EU puts retaliatory tariffs on hold for 90 days

European Commission President Ursula von der Leyen and Donald Trump The European Union on Thursday announced that it would suspend its retaliatory tariff worth 20.9 billion euros ($23 billion) on US goods for 90 days after American President Donald Trump imposed a pause on levies. European Commission President Ursula von der Leyen acknowledged Trump’s announcement […]

Donald Trump signs order for 25% automobile tariff; markets react, allies weigh countermeasures

US president Donald Trump signed an executive order on Wednesday, implementing a 25% tariff on all foreign-manufactured automotive vehicles. The tariff will be effective from April 2.“We are going to be very fair… we are going to be nice actually. We have not been treated nicely by other countries, but we are going to be […]