One of the European Union’s most reliable punching bags is shaped like a bottle of whiskey. The EU this week circulated to member states a list of products it could hit with tariffs if a trade deal is

"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

To follow the ongoing tariff situation between the U.S. and the European Union (EU) is to develop a case of whiplash — especially when it comes to the fate of bourbon being sold abroad. © 2025 American City Business Journals.

European trade ministers were hopeful for a negotiated trade deal after Trump announced 30% tariffs on the European Union.

The bloc’s trade commissioner says the two sides were close to a deal before the president last week threatened to impose a 30 percent levy.

President Trump is threatening Mexico and the European Union, two of the largest U.S. trading partners, with 30% tariffs starting in August if they don't reach a trade deal with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means for U.

President Donald Trump posted letters to the leaders of Mexico and the European Union, saying they had not done enough to head off the new tariffs.

The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels

Analysts have kept their forecasts for prices in the European Union’s carbon market roughly steady with the spectre of tariffs from the United States and weak industrial output weighing on expectations.

President Donald Trump has posted two new letters on his social media platform announcing tariffs on the European Union and Mexico.