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TACO Trade: US Stock Market Has A New Acronym To Rally Behind. Here's What It Means
The term "TACO trade" - standing for "Trump Always Chickens Out" - has emerged as investors recognize a pattern of President Trump announcing steep tariffs and then retreating, causing markets to dip and then rebound.
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"My Privilege To Do So": Trump Gives Tariff Breather To EU
US President Donald Trump on Sunday backed off his threat to impose 50 per cent tariffs on goods from the European Union, as he agreed to extend his deadline for trade talks until July 9, after a "very nice call" with EU chief Ursula von der Leyen.
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Trump Warns Of 25% Tariff On Apple If iPhones Not Made In US
US President Donald Trump threatened once again on Friday to intensify his trade war, recommending a 50% tariff on European Union goods starting June 1, and warning Apple he may impose a 25% tariff on any iPhones manufactured outside the US.
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Britain Agrees To Trade, Defence Reset With EU
Britain agreed the most significant reset of defence and trade ties with the European Union since Brexit on Monday after US President Donald Trump's upending of the global order forced the two sides to move on from their acrimonious divorce.
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EU Plans New Russia Sanctions To Increase Pressure On Putin Over Ukraine War
The European Union is working on a new package of sanctions to increase pressure on Russian President Vladimir Putin over the war in Ukraine, EU Commission said on Friday as leaders from across Europe met in Tirana.
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Europe Preparing New Sanctions On Russia: French Minister
French Foreign Minister Jean-Noel Barrot said Thursday that the European Union is preparing to hit Russia with a 17th round of sanctions, describing President Vladimir Putin as the "sole obstacle" to peace in Ukraine.
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Day After US Pause, European Union Puts Counter-Tariffs On Hold For 90 Days
EU chief Ursula von der Leyen said Thursday the bloc will suspend a planned package of tariffs on US goods "to give negotiations a chance" after President Donald Trump's U-turn on massive duties.
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"Bad For Us": Trump Rejects EU's 'Zero For Zero' Tariff Proposal
US President Donald Trump said Monday the European Union's proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit.
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Donald Trump Announces 26% "Discounted Reciprocal Tariff" On India
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners.
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"Deeply Regret": EU Condemns Trump Auto Tariffs
EU chief Ursula von der Leyen on Wednesday condemned US President Donald Trump's announcement of a new 25-percent tariff on all auto imports, ratcheting up transatlantic trade tension.
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Google Accused Of Breaching European Union Rules, Risks Fine
The move by the European Commission came amid tensions with US President Donald Trump who has threatened to levy tariffs against countries which impose fines on US companies.
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Russia Should Back Ukraine Ceasefire For "Just And Lasting Peace": EU Chief
Russia should back a ceasefire deal with Ukraine that could lead to durable peace, European Commission President Ursula von der Leyen said on Saturday after a virtual meeting with other leaders.
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Gold Hits Record High On Trump's Latest Tariff Threats
Gold soared to a record high Thursday as US president Donald Trump threatened to impose huge tariffs on champagne, wine and other alcoholic products from European Union countries.
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'Not Going To Bend At All' On Tariffs, Says Donald Trump
US President Donald Trump on Thursday threatened to impose 200 percent tariffs on wine, champagne and other alcoholic beverages from European Union countries, in retaliation against the bloc's planned levies on US-produced whiskey.
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Trump-Zelensky Row Prompts Europe To Regroup, Evaluate Its Security Options
After a very public clash with US President Donald Trump at the White House, Ukraine's Volodymyr Zelensky received a royal welcome in Britain, as the United Kingdom and the European Union demonstrate their "unwavering" support to him.
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TACO Trade: US Stock Market Has A New Acronym To Rally Behind. Here's What It Means
The term "TACO trade" - standing for "Trump Always Chickens Out" - has emerged as investors recognize a pattern of President Trump announcing steep tariffs and then retreating, causing markets to dip and then rebound.
-
"My Privilege To Do So": Trump Gives Tariff Breather To EU
US President Donald Trump on Sunday backed off his threat to impose 50 per cent tariffs on goods from the European Union, as he agreed to extend his deadline for trade talks until July 9, after a "very nice call" with EU chief Ursula von der Leyen.
-
Trump Warns Of 25% Tariff On Apple If iPhones Not Made In US
US President Donald Trump threatened once again on Friday to intensify his trade war, recommending a 50% tariff on European Union goods starting June 1, and warning Apple he may impose a 25% tariff on any iPhones manufactured outside the US.
-
Britain Agrees To Trade, Defence Reset With EU
Britain agreed the most significant reset of defence and trade ties with the European Union since Brexit on Monday after US President Donald Trump's upending of the global order forced the two sides to move on from their acrimonious divorce.
-
EU Plans New Russia Sanctions To Increase Pressure On Putin Over Ukraine War
The European Union is working on a new package of sanctions to increase pressure on Russian President Vladimir Putin over the war in Ukraine, EU Commission said on Friday as leaders from across Europe met in Tirana.
-
Europe Preparing New Sanctions On Russia: French Minister
French Foreign Minister Jean-Noel Barrot said Thursday that the European Union is preparing to hit Russia with a 17th round of sanctions, describing President Vladimir Putin as the "sole obstacle" to peace in Ukraine.
-
Day After US Pause, European Union Puts Counter-Tariffs On Hold For 90 Days
EU chief Ursula von der Leyen said Thursday the bloc will suspend a planned package of tariffs on US goods "to give negotiations a chance" after President Donald Trump's U-turn on massive duties.
-
"Bad For Us": Trump Rejects EU's 'Zero For Zero' Tariff Proposal
US President Donald Trump said Monday the European Union's proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit.
-
Donald Trump Announces 26% "Discounted Reciprocal Tariff" On India
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners.
-
"Deeply Regret": EU Condemns Trump Auto Tariffs
EU chief Ursula von der Leyen on Wednesday condemned US President Donald Trump's announcement of a new 25-percent tariff on all auto imports, ratcheting up transatlantic trade tension.
-
Google Accused Of Breaching European Union Rules, Risks Fine
The move by the European Commission came amid tensions with US President Donald Trump who has threatened to levy tariffs against countries which impose fines on US companies.
-
Russia Should Back Ukraine Ceasefire For "Just And Lasting Peace": EU Chief
Russia should back a ceasefire deal with Ukraine that could lead to durable peace, European Commission President Ursula von der Leyen said on Saturday after a virtual meeting with other leaders.
-
Gold Hits Record High On Trump's Latest Tariff Threats
Gold soared to a record high Thursday as US president Donald Trump threatened to impose huge tariffs on champagne, wine and other alcoholic products from European Union countries.
-
'Not Going To Bend At All' On Tariffs, Says Donald Trump
US President Donald Trump on Thursday threatened to impose 200 percent tariffs on wine, champagne and other alcoholic beverages from European Union countries, in retaliation against the bloc's planned levies on US-produced whiskey.
-
Trump-Zelensky Row Prompts Europe To Regroup, Evaluate Its Security Options
After a very public clash with US President Donald Trump at the White House, Ukraine's Volodymyr Zelensky received a royal welcome in Britain, as the United Kingdom and the European Union demonstrate their "unwavering" support to him.
