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 from looming tariffs as Washington threatens to impose hefty duties from August 1.

President Donald Trump has threatened a 30% tariff on goods from the European Union, prompting the EU to delay any countermeasures it was considering. Negotiations ensue - but what impact would such actions have on the UK?

Economists had already downgraded growth for the European Union, and the new duties would hit industries there especially hard. Companies are looking for ways to blunt the impact.

Growing numbers of retailers and consumer brands are shifting their focus to Europe and other markets from the United States, as they expect U.S. tariffs to spark price hikes that will drive ...

European countries are not all equally exposed to the US market and so will not suffer the same consequences should President Donald Trump go ahead with his threats to impose 30-percent tariffs on ...

Impact of US tariffs varies across European Union. Benoît PELEGRIN AFP; Jul 12, 2025 ... for whom the United States is a major outlet for its cars, steel and machine tools. ...

Back to homepage / Live news Impact of US tariffs varies across European Union. Paris (AFP) – European countries are not all equally exposed to the US market and so will not suffer the same ...

The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify