Economy
US tariffs could have 'grave' consequences, warns Irish MEP
Controversial new US tariffs on European businesses could have “grave” consequences, according to a senior Irish MEP.
The warning from Barry Cowen, a Renew Europe group member, came after President Donald Trump announced a 25pc levy on vehicles not made in the US.
The move is seen as a serious blow to auto industry in the EU. It also mark a major new escalation in his global trade war.
Speaking to this website Cowen cautioned against any escalation, including on the economic front, in the currently tense relations between the US and EU.
This presented, he said, a “huge challenge” but it was important that a “strong transatlantic relationship” was maintained.
Share this article:
The shifting dynamics of the US-Russia normalization process
Trump is just the latest US President who does not support the territorial integrity of states
Flying to Europe with ETIAS
Netherlands' General Intelligence and Security Service (AIVD) accuses Iranian regime of orchestrating two assassination attempts on European soil — one in Netherlands and another in Spain
Updated rules for safer roads, less air pollution and digital vehicle documents
International forum in Banja Luka with Dodik: Peace, christian values, and sovereignty in the Balkans and Europe
Financial stability risks have grown – IMF report
European Commission proposes action and added flexibility for disaster-hit farmers in Mayotte
Consultation on the Strategy for European Life Sciences receives wide response
India stands firm as Pakistan's militarized extremism fuels Kashmir bloodshed
Commission approves €321.2 million German restructuring aid to Condor, taking into account judgment of the General Court
PM² for managing EU-funded projects
Preliminary results from the blue skills study
Time to dissolve: Why the Minsk Group hinders Azerbaijan-Armenia peace process
Turkmen event organized at KU Leuven University in Leuven, Belgium, named World Peace
International forum in Banja Luka with Dodik: Peace, christian values, and sovereignty in the Balkans and Europe
Shevtsova’s case: Out-of-court sanctions dismantling trust in Ukrainian cause
The future of European transport
Trump Vs Trueman
US 'no longer' an 'unconditional ally' for Europe - MEP
MEP warns tariffs could cause 'huge disruption'
US tariffs could have 'grave' consequences, warns Irish MEP
Call for decisive action on human rights violations in Pakistan
Delphos advises ONEX Elefsis Shipyards and Industries SA (“ONEX”) on$125 million loan for Greek shipyard rehabilitation
-
Russia2 days agoThe shifting dynamics of the US-Russia normalization process
-
US2 days agoTrump is just the latest US President who does not support the territorial integrity of states
-
Aviation/airlines2 days agoFlying to Europe with ETIAS
-
Iran1 day agoNetherlands' General Intelligence and Security Service (AIVD) accuses Iranian regime of orchestrating two assassination attempts on European soil — one in Netherlands and another in Spain