European Union, Chinese
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EU Looks for 15% Tariff Rate in Possible Deal With U.S.
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European Union Commission President Ursula von der Leyen and European Council President Antonio Costa met China's President Xi Jinping in Beijing on Thursday, kicking off a tense summit likely to be dominated by trade frictions and Ukraine.
The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
Beijing and Brussels should settle their policy differences and promote a level playing field, businesses said.
The European Union has its problems, but the bloc is gaining public trust and making new friends. President Trump’s attacks are one reason why.
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According to the publication’s sources, the EU Commission is currently preparing legislation that would see rental car companies like Sixt, Hertz, and Europcar tasked with adopting all-electric fleets by 2030.
The Council of the European Union – often referred to as the Council of Ministers, or simply the Council – forms one part of the legislature and the budgetary authority of the Union.
The European Union still wants a deal, but with U.S. demands growing, the bloc is getting ready to push back.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels