The US and EU just moved one step closer to reshaping the world's biggest trading partnershipand the implications could hit fast. The joint statement released Thursday sets the stage for immediate tariff relief on European auto imports once the EU formally introduces its own industrial goods proposal.

The European Commission will keep pressing for a preferential tariff for wine and spirits exports to the U.S. that would spare the sector the 15% rate applied on most items under the EU-U.S. trade deal,

Businesses may have stocked up to mitigate a price shock from US duties, but inventory is depleting. Read more at straitstimes.com. Read more at straitstimes.com.

An outline on the trade deal between the U.S. and the European Union (EU) has some good tariff news for the fashion and shoe industries. The tariff cap for the reciprocal rate is 15 percent, and more importantly,

After striking a framework trade deal with the European Union in July, the White House added more details to what the agreement entails Thursday. Most notably, President Donald Trump walked back threats of 250% and 100% tariffs on pharmaceuticals and semiconductors,

After President Donald Trump's administration reached an agreement with the European Union over tariffs in late July, the two sides have released a joint statement on the terms, however, most notably for Kentucky, there is no mention of protection for ...

Brazilian President Luiz Inacio Lula da Silva spoke by phone on Wednesday with his French counterpart Emmanuel Macron and discussed U.S. tariffs and the Mercosur-European Union trade deal, Brazil's government said in a statement.