Chinese firms rush to buy Nvidia AI chips as sales set to resume
Chinese firms are scrambling to buy Nvidia's H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to…
EU, South Korea seek US trade deals to soften tariff blow
The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow…
French wine and cheese makers say U.S. tariffs would hit hard
French cheese and wine producers have warned of the damaging impact that U.S. President Donald Trump's threatened 30% tariffs on imports from the EU would…
Trump intensifies trade war with threat of 30% tariffs on EU, Mexico
President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks…
Trump demands more concessions as EU holds off on US tariff countermeasures
The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a…
EU warns of countermeasures over ‘absolutely unacceptable’ US tariff threat
The European Union accused the U.S. of resisting efforts to agree a trade deal and warned of countermeasures on Monday if no deal was struck…
Germany’s Merz wants to use coming weeks to find solution to Trump tariff row
German Chancellor Friedrich Merz on Sunday said he will work intensively with French President Emmanuel Macron and European Commission President Ursula von der Leyen to…
Senior German politician expects more talks in EU tariff dispute with Trump
A senior German politician said on Sunday the European Union and Washington could negotiate further and postpone higher import duties after U.S. President Donald Trump…
BMW CEO hopeful for ‘manageable’ deal on US auto import tariffs
BMW's CEO said on Friday he was optimistic that the European Union and the United States would soon reach a "manageable" agreement on auto import…
US tariff rate may be more than 20% after latest round, global business group says
U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated…
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