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EU warns US of countermeasures over tariffs negotiations

EU warns of countermeasures against US tariffs; Trump expresses willingness to negotiate before August 1 deadline.

Published

7 months ago

July 15, 2025

ticker NEWS

EU warns of countermeasures against US tariffs; Trump expresses willingness to negotiate before August 1 deadline.

In Short:
– EU accuses U.S. of hindering trade talks; warns of countermeasures.
– Trump plans 30% tariffs starting August 1; expresses openness for negotiations.

The European Union has accused the U.S. of resisting trade deal efforts and warned of countermeasures if an agreement is not reached before President Donald Trump imposes 30% tariffs starting August 1. Trump expressed openness to discussions with the EU and indicated that officials would visit the U.S. for negotiations.The tariff threat escalated over the weekend as Trump announced plans to impose duties on EU and Mexican imports. While the EU has refrained from immediate retaliation, officials acknowledged that they may need to respond if talks fail. Danish Foreign Minister Lars Lokke Rasmussen called the tariffs “absolutely unacceptable,” while EU Trade Chief Maros Sefcovic emphasised the need for collaborative negotiations.

U.S. goods

Italy’s Foreign Minister Antonio Tajani stated that a list of tariffs worth €21 billion on U.S. goods is ready if negotiations do not succeed. Mexican President Claudia Sheinbaum voiced optimism about reaching a security deal before the deadline but clarified that it would exclude U.S. forces entering Mexico.

European stocks dipped in response to the tariff news, with concerns mounting especially in Germany over the impact on exports. Industries are preparing for possible disruptions, with some producers seeking alternative markets if the tariffs are enforced. The urgency to finalise trade agreements has intensified globally as the looming deadline approaches.

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

3 days ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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News

Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

Published

4 days ago

January 29, 2026

Harvey Vargas

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy

News

Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

Published

4 days ago

January 29, 2026

Harvey Vargas

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy