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tariffs

EU proposes 25% tariffs on US goods, but not bourbon

The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals, but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday. The proposed tariffs --…

Stocks tank, havens rally as Trump tariffs fan trade war

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a "haymaker" blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation.…

US stocks gain on lingering hopes over Trump tariffs

Wall Street stocks mostly closed higher on Tuesday, building on earlier gains amid hopes that US President Donald Trump might take a narrower approach to upcoming tariffs than originally expected. France based news agency AFP reported…