EU threatens countermeasures over US tariffs
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Transatlantic trade 'dialogue' to focus on critical minerals for defence and clean energy technologies, along with energy, quantum manufacturing, and green steel and aluminum, with an action plan to follow "within three months".
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Meanwhile, Brazil announced its own countermeasures while Mexico remains confident it will reach a deal by Aug. 1.
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The European Union will propose bilateral agreements with the UK and Canada as soon as the end of July, which would give them access to the bloc’s new €150 billion ($176 billion) loan fund for defense production,
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.