EU delays retaliatory trade tariffs, seeks deal
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The European Commission can order Italy to withdraw the conditions it has set to clear UniCredit's bid for Banco BPM , the text of a letter sent to the Rome government showed on Tuesday.
"A tariff of 30% on EU exports would probably have the eurozone economy flirting with, but avoiding, a recession," said Rory Fennessy, senior economist at Oxford Economics. This fits Trump's playbook — he threatened 50% tariffs in May, "only to quickly backtrack following discussions with EU politicians."
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Newcastle’s pursuit of Hugo Ekitike has hit a roadblock after Eintracht Frankfurt turned down their opening bid and demanded improved terms.
European firms called on trade negotiators to redouble efforts to strike a deal with Washington after U.S. President Donald Trump threatened a 30% tariffon EU imports from August, though firms were avoiding panic,
Dedicated digital infrastructure platform provider expands its current reach, deploying new high-capacity 1,200 km fibre connection route from London to Frankfurt, Amsterdam and Brussels.
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.
European firms called on trade negotiators to redouble efforts to strike a deal with Washington after U.S. President Donald Trump threatened a 30% tariff on EU imports from August, with no mention of hoped-for special treatment for cars or spirits.
To support enterprise-grade deployment across global markets, Staircase AI has recently achieved ISO/IEC 27001 and ISO/IEC 42001 certifications, reinforcing Gainsight’s commitment to secure, ethical AI that aligns with international standards.
Located at Europe’s heart, Frankfurt Airport ideally meets the prerequisites for transporting temperature-sensitive pharmaceuticals to destinations all over the world – even at high summertime