EU Leaders Sound Hopeful on Trump Trade Negotiations
A day after Trump called the European Union’s top official “so fantastic,” she and Germany’s chancellor emphasized a desire to negotiate on tariffs.
It Is Happening Every Day, Every Where
A day after Trump called the European Union’s top official “so fantastic,” she and Germany’s chancellor emphasized a desire to negotiate on tariffs.
The German government scaled back its prediction for 2025 to zero growth, citing the turbulence caused by U.S. tariffs, as well as stubborn bureaucracy and high energy prices.
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
February numbers show the U.S. electric car maker is struggling to attract buyers in the region, as anger at Elon Musk’s politics intensifies.
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In Paris, the two officials acknowledged potential strains on alliances with the return of Donald J. Trump to power, but said their countries would try to maintain strong ties.