『European Union Tariff News and Tracker』のカバーアート

European Union Tariff News and Tracker

European Union Tariff News and Tracker

著者: Quiet. Please
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This is your European Union Tariff Tracker podcast.

Discover the latest developments and insights with the "European Union Tariff Tracker" podcast, your go-to daily source for comprehensive news and information about tariffs affecting the European Union, particularly those imposed by Trump and the United States. Stay informed about the dynamic world of international trade policies, economic impacts, and political negotiations that influence global markets. Perfect for business leaders, policymakers, and anyone interested in the intricate web of tariffs and trade relations, this podcast keeps you up-to-date with expert analysis and timely updates. Tune in daily to ensure you stay ahead in understanding how these tariffs shape the economic landscape of the EU and beyond.

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  • US-EU Trade War Escalates: Trump Administration Threatens Massive Tariffs on European Exports Amid Tense Negotiations
    2025/07/21
    Listeners, today’s top story is the intensifying tariff standoff between the United States under Donald Trump’s administration and the European Union, with major ramifications for transatlantic trade. According to Fortune, the US is now pushing for a near-universal tariff on EU goods at rates higher than 10%, with only rare exemptions, most notably for some aviation and medical products. Negotiations are under intense pressure as a deadline rapidly approaches, with discussions still ongoing about potential ceilings for certain sectors, quotas for steel and aluminum, and methods to shield supply chains from oversupplied metals.

    In a letter sent earlier this month, President Trump directly warned the EU that, starting August 1, most of the bloc’s exports would face a 30% tariff. The administration has already imposed a 25% tariff on EU cars and auto parts, and doubled that rate for steel and aluminum. Trump has also threatened additional duties on pharmaceuticals and semiconductors as soon as next month, and just announced a stunning 50% tariff on copper. All told, EU officials estimate that current US duties now cover 380 billion euros—about $442 billion—equivalent to roughly 70% of the EU's total exports to the US market.

    Despite these dramatic figures, US Commerce Secretary Howard Lutnick appeared on CBS’s Face the Nation yesterday to signal that negotiations continue. Lutnick expressed optimism that a deal could be reached, stating, “I am confident we’ll get a deal done... I think all these key countries will figure out it is better to open their markets to the United States of America than to pay a significant tariff.” Lutnick added that he had ongoing discussions this past weekend with European negotiators.

    For the European Union, securing as many exemptions as possible—and protection from future targeted tariffs—remains a crucial objective. While some EU members are reportedly willing to tolerate higher universal tariff rates if sufficient carve-outs are achieved, there is no consensus. The overall imbalance of any compromise will heavily influence whether the EU moves forward or prepares retaliatory countermeasures, as reported by Bloomberg.

    EU officials are acutely aware that any strong response could trigger an even deeper transatlantic rift. Trump has repeatedly warned that retaliation from the EU would prompt even tougher trade actions by the US. Policymakers in Brussels are scrambling to prepare swift contingency plans if the talks collapse and the threatened tariffs take effect.

    Listeners, this evolving situation could have sweeping consequences for everything from European luxury cars to industrial metals and digital services. Stay tuned for future updates as we continue to track the fallout, responses, and potential next steps in this escalating US-EU tariff dispute.

    Thank you for tuning in to “European Union Tariff News and Tracker.” Don’t forget to subscribe to get the latest in EU and US trade developments. This has been a Quiet Please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 分
  • US-EU Trade War Escalates: Trump Threatens Sweeping Tariffs Ahead of August 1 Deadline, Risking Transatlantic Economic Tensions
    2025/07/20
    Listeners, welcome to "European Union Tariff News and Tracker" where we dive into the latest developments affecting EU-US trade and tariffs.

    Today marks a pivotal moment as the US, under President Donald Trump, stands firm on imposing sweeping tariffs against the European Union. As tensions escalate ahead of the August 1 deadline, Trump has declared his intention to levy a near-universal tariff on EU goods, setting a baseline rate between 15% and 20%, and threatening a 30% duty if negotiations don't yield a deal by next month. According to the Irish Examiner, only a handful of sectors—like aviation, some medical devices, select spirits, and specific manufacturing equipment—might dodge these tariffs. Sectors like steel and aluminum have already seen duties double, and car and auto parts remain locked under a 25% levy.

    The Financial Times and multiple EU diplomats report that Trump has rebuffed Brussels' request to lower these auto tariffs, raising the risk of a significant trade confrontation. The EU has described the US stance as "testing the bloc's pain threshold," and has made clear it is preparing retaliation options—though officials insist they still hope for a negotiated solution. EU trade chief Maros Sefcovic has described the talks as stalled, with Commission President Ursula von der Leyen confirming the bloc is "ready for a deal" if the US shows flexibility.

    Market reaction to these developments has been immediate. The Dow Jones Industrial Average and other major indices have dropped as investors grapple with the prospect of 15–20% tariffs on virtually all EU goods. Fitch Ratings warned that the effective US tariff rate could jump to 19.4% if the reciprocal hikes, including a newly announced 50% tariff on copper, take effect on August 1. European manufacturers, especially German automakers, are already feeling the pain: CGTN reports that EU ports have seen car exports to the US plummet in recent months since auto tariffs were raised to 27.5% earlier in the year.

    The broader impact extends beyond manufacturing. The Economic and Social Research Institute modeled scenarios showing that a 25% bilateral tariff on EU-US trade would slow growth across Europe, with Ireland's surplus potentially shrinking dramatically under the most severe cases, as highlighted by The Currency.

    The EU has warned Washington that if Trump pushes ahead with 15% to 20% duties or the threatened 30% blanket tariff, Brussels will implement counter-tariffs, targeting potentially $84 billion in US exports as part of its rebalancing measures.

    As we approach the August 1 deadline, both sides remain locked in tense negotiations, with the future of nearly €380 billion in transatlantic commerce hanging in the balance. Whether compromise or conflict prevails will shape not only trade but the broader economic outlook across the Atlantic.

    Thanks for tuning in to "European Union Tariff News and Tracker." Make sure to subscribe so you don't miss our next update. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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    3 分
  • Trump Announces Massive 30 Percent Tariff on EU Exports Threatening Transatlantic Trade Relations and Global Supply Chains
    2025/07/18
    Listeners, today’s European Union Tariff News and Tracker brings breaking developments from the ever-heated US-EU trade front. Just last week, President Donald Trump formally announced that starting August 1, 2025, the United States will impose a sweeping 30 percent tariff on all European Union exports entering the country. This move, outlined in a letter to European Commission President Ursula von der Leyen, is being positioned as a tactic to address the ongoing US trade deficit with the European bloc. Trump’s message was unequivocal: EU companies could avoid these penalties if they shift manufacturing to the United States, but any EU retaliation would lead to even higher tariffs, stacked on top of the 30 percent.

    According to DCAT Value Chain Insights, the European Commission has responded swiftly, calling the tariffs a direct threat to transatlantic supply chains that underpin industries ranging from pharmaceuticals to automotive. President von der Leyen warned that millions of businesses, consumers, and patients on both sides of the Atlantic stand to be harmed. The EU has so far resisted escalating with direct countermeasures, but consultations and policy planning are already underway.

    Recent analysis by Barclays economists, reported in Hellenic Shipping News, estimates the net tariff burden on EU goods arriving in the US could spike to an average of 35 percent when you factor in both sector-specific duties and likely US responses to any EU counter-tariffs. In a sign of the broader fallout, industry observers highlight that the new tariffs might force European exporters to fundamentally rethink their US market strategies, potentially resulting in job losses and major shifts in supply chains.

    Fitch Ratings projects that the effective US tariff rate is set to rise dramatically, jumping from the current 14.1 percent to 19.4 percent once the new reciprocal levies and additional copper duties go into effect with the August rollout. This would mark one of the sharpest single increases in modern US trade policy. Meanwhile, the European Union is conducting a public consultation to identify strategic sectors for possible countermeasures, with everything from vehicles to machinery and chemicals on the table.

    As EU and US negotiators scramble ahead of the August 1 deadline, the future of billions in transatlantic trade hangs in the balance. Will cooler heads prevail or is a new tariff war about to begin? For now, all eyes remain on Washington and Brussels as the next chapter in this escalating dispute rapidly approaches.

    Thank you for tuning in to the European Union Tariff News and Tracker. Be sure to subscribe for ongoing updates. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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    3 分

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