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Trump eyes ‘world tariff’ of 15-20% for most countries
TURNBERRY, Scotland (Reuters) -President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April.Trump told reporters his administration will no …. Read More >>

Analysis-EU’s $250 billion-per-year spending on US energy is unrealistic
BRUSSELS/HOUSTON (Reuters) -The European Union’s pledge to buy $250 billion of U.S. energy supplies per year is unrealistic because it would require the redirection of most U.S. energy exports towards Europe and the EU has little control over the energy its companies import.The U.S. and EU struck a framework …. Read More >>

FEATURED ARTICLE

Wine producers in Italy’s Valpolicella brace for US tariffs
NEGRAR, Italy (Reuters) -Italy’s wine producers, already struggling amid a slowing economy and a strengthening euro, face a further challenge after wine and spirits were left out of the U.S.-EU trade deal agreed on Sunday.Discussions are continuing regarding any tariff exemptions for the wines and spirits sec …. Read More >>

OTHER HEADLINES

Explainer-How do the US trade deals reached by the EU and UK compare?
LONDON (Reuters) -The European Union and the United States announced a tariff deal on Sunday that will see most EU exports face a 15% tariff, nearly three months after Britain locked in a 10% baseline tariff rate.EU leaders have said their deal offers more certainty given the threat of higher U.S. tariffs fro …. Read More >>

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