Trump slaps 50% tariff on Brazil
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It is a Great Honor for me to send you this letter in that it demonstrates the strength and commitment of our Trading Relationship,” Trump began each of the letters.
The president also decided to send out letters as a way to keep the pressure up.
European stocks advanced on Thursday, supported by gains in mining shares, as investors looked for signs of progress in trade talks between the United States and the European Union.
President Trump has announced — but postponed the effective date for — higher tariffs once again. Here's what to know about the latest on his tariff policy.
(Reuters) -European shares rose on Thursday, underpinned by mining stocks, as investors awaited progress on a potential trade deal between the United States and the European Union. The pan-European STOXX 600 index was up 0.5% at 552.45 points, as of 0709 GMT.
The European Union may be nearing a trade agreement with the United States but is struggling to obtain immediate tariff relief and a commitment not to introduce new measures, the head of the European Parliament's trade committee said on Wednesday.
Shares of European wine and spirits distillers were given a boost during overseas trading thanks to efforts by the European Union to seek an exemption from U.S. trade tariffs. Shares of Remy Cointreau SA (OTCPK:REMYF) (OTCPK:REMYY),