Tag

Us Europe Trade

All articles tagged with #us europe trade

world4 months ago

European and Indian Postal Services Suspend U.S. Shipments Over Tariffs

European parcel companies are temporarily suspending some shipments to the U.S. due to new U.S. tariff policies that eliminate the 'de minimis' exemption for packages over $800, leading to logistical uncertainties and disruptions in international shipping. While the policy aims to increase tariff revenue and prevent illicit imports, it has caused significant operational challenges for European postal services, with some expecting the disruptions to be brief while they adapt to new customs procedures.

business5 months ago

Lutnick Confirms No Extensions for August 1 Tariffs Amid Trade Negotiations

Commerce Secretary Howard Lutnick announced that the US will implement tariffs on August 1 with no extensions or grace periods, though negotiations may continue post-deadline. President Trump has also announced a trade deal with the EU, setting tariffs at 15% and securing significant energy and investment commitments, avoiding a full-scale trade war.