Trump's trade deal with EU
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The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.
The Trump administration has been talking up provisions of its deal with the European Union that would secure hundreds of billions of dollars in investments.
Euro falls against dollar, with Trump's tariffs seen as slowing European growth
This week, RFE/RL Europe Editor Rikard Jozwiak drills down on two major issues: Ukraine’s wobbly week and Iceland’s flirting with EU membership.
The energy purchases are a key component of a trade deal struck between the European Union and the U.S. over the weekend.
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The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
On 18 July 2025, the Council of the European Union adopted additional measures which have been introduced in its 18th sanctions package in response to the ongoing conflict in Ukraine (the Package). Th
Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with another dose of reality on Monday - tariffs imposed by U.S. President Donald Trump.