us eu trade

Europe’s medical device makers hit by Trump tariffs

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Europe’s medical device makers hit by Trump tariffs

Europe’s medical device makers are feeling the pain from President Donald Trump‘s trade moves. Siemens Healthineers AG shares fell the most on record on Wednesday after the German company warned that it expects the impact from tariffs to roughly double to ₹400 million ($460 million) in fiscal 2026. While the manufacturer sees good business prospects … Read more

EU chief offers US ‘zero-for-zero’ pact

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EU chief offers US ‘zero-for-zero’ pact

Luxembourg: The European Union said on Monday it would start collecting retaliatory duties on some imported US goods next week, as EU trade ministers agreed they preferred negotiations to remove tariffs imposed by President Donald Trump over retaliation. The 27-nation bloc faces 25% import tariffs on steel and aluminium and cars and “reciprocal” tariffs of … Read more