Trump, Europe and Russia
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Trump, tariff and Global Commerce
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European producers say streamers investment obligation will improve local content, increase competitiveness against 'stone cold' U.S. market.
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Inquirer Business on MSNStock markets in US, Europe fall as Trump ramps up tariff threatsStock markets in the United States and Europe retreated Friday as US President Donald Trump ramped up his trade offensive. Trump threatened a 35-percent levy on Canada. Trump dampened earlier optimism by firing off more than 20 letters to governments.
Stocks plunged Friday after President Trump floated a 35% tariff on Canadian goods not governed by the USMCA trade pact — while threatening a new dictated levy on the European Union. The Dow Jones Industrial Average fell 279 points,
During a rare news conference on Friday, the head of the French military, Thierry Burkhard, said Russia remains a “lasting, close” threat.
European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.
By Sukriti Gupta and Sanchayaita Roy (Reuters) -European shares fell on Friday after the U.S. President Donald Trump stepped up his tariff threats against Europe, while investors awaited a potential letter for levies on the 27-nation bloc.
European stocks dropped as US President Donald Trump ramped up his trade rhetoric and threatened blanket tariffs of 15% to 20% on most countries.