Following new U.S. tariffs on European steel and aluminum, the European Commission has taken countermeasures, introducing tariffs on American goods in two stages.
The European Union is proposing discussions with the US on reducing the 10% tariff on automobiles to avoid escalating trade conflicts and lay the groundwork for a broader deal.
U.S. President Donald Trump has announced new 25% tariffs on steel and aluminum imports, which could lead to trade conflicts with Canada, Mexico, and the EU.
The United States Postal Service (USPS) has halted the acceptance of parcels from China due to new tariffs imposed by Donald Trump. The restriction is linked to the elimination of duty-free imports for low-cost goods.
