Peggy Corlin
Economy
Pharma tariffs: The EU's confident it can dodge US measures
US President Donald Trump announced on Thursday 100% tariffs on pharmaceutical products imported into the US, but the European Commission remains hopeful that the deal concluded with Washington this summer—setting 15% tariffs on EU goods—will also apply to the sector.
Economy
EU Commission's US trade deal set for rocky reception in Parliament
The EU Commission has launched implementation of its trade agreement with the US, promising to ease the burden on the EU automotive sector. But the adoption of the text is not guaranteed, with some MEPs denouncing the agreement as unbalanced.
Economy
EU steel chief touts quotas and cooperation with US on overcapacities
According to Axel Eggert, the chief of EUROFER, the European steel lobby, tariff-rate quotas are the best solution to put an end to existing US levies on imports of steel and aluminium. He also believes that the joint fight against Chinese overcapacities should be a shared objective with the US.