 | | | | President Donald Trump hailed a "nice victory" on Thursday after the United States got the green light to place tariffs on European Union goods in a dispute over EU aircraft subsidies. | | | | | | U.S. consumers will pay around $5 a kilogram more for Italian Parmesan cheese because of duties announced by Washington on a range of European goods, a cheesemaking consortium said on Thursday, complaining it was set to take an unfair hit in the trade spat. | | | | | | The U.S. decision to impose tariffs on French wines will penalize American consumers who will see a sharp rise in prices while severely hurting French producers on their largest export market, exporters said on Thursday. | | | | | | Apple's chief executive Tim Cook said on Thursday he hoped to see trade barriers return to normal, but added that international trade deals needed adjusting. | | | | | | The U.S. Trade Representative's office has told industry it will not offer a grace period for goods that are still in transit when new tariffs on European Union imports take effect Oct. 18, the Cheese Importers Association of America said on Thursday. | | | | | | European cheese makers complained on Thursday of being held "hostage" in a transatlantic trade battle that had nothing to do with them after the United States slapped 25% tariffs on the sector in retaliation for state aid to aerospace group Airbus. | | | | | | The latest weaker-than-expected U.S. economic data on Thursday fed hopes that the Federal Reserve would cut U.S. interest rates this month, which helped lift global equities slightly after two days of declines, but investors also parked some funds in U.S. Treasuries and other safe-haven assets. | | | | | | Wall Street stocks climbed on Thursday after data showing U.S. services-sector activity at a three-year low fueled expectations that the Federal Reserve would cut interest rates to stem a wider economic downturn. | | | | | | The U.S. Federal Trade Commission has ordered a half-dozen e-cigarette companies to turn over sales and advertising data, the federal regulator said on Thursday, in the first sign of a likely probe into their marketing practices. | | | | | | U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave the 28-nation bloc, infuriating Scotch whisky makers and handing it a dilemma over thousands of Airbus jobs. | | | | | | While striking workers at General Motors Co's U.S. auto plants continue walking picket lines for a third week to demand better pay and benefits, the financial pressure has mounted for union members like Frank Lee. | | | | | |
