EU delays retaliatory tariffs against US amid hopes for trade deal

The European Union has delayed retaliatory tariffs on exports from the United States as officials scramble to reach a trade deal with Washington ahead of US President Donald Trump’s August 1 deadline. Ursula von der Leyen, the president of the European Commission, said on Sunday that the bloc would extend its suspension of countermeasures as … Read moreEU delays retaliatory tariffs against US amid hopes for trade deal

EU agrees tariffs on Russian, Belarusian grain imports from July

European Union trade ministers have agreed to impose prohibitive tariffs on grain and other agricultural products from Russia and Belarus from July 1. The tariffs will be 95 euros ($102.76) per tonne for cereals and 50 percent of their value for oilseeds. Tariffs will also apply to beet-pulp pellets and dried peas. The ministers’ decision … Read moreEU agrees tariffs on Russian, Belarusian grain imports from July

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