Trump’s Tariff Decisions Could Shake Bulgaria’s Automotive Industry
US President Donald Trump has stepped back from his earlier threat to raise global tariffs to 15%, leaving current rates on US exports at 10%, according to Politico. This move spares the UK and the EU from facing higher trade barriers under the new White House regime.
Yesterday, the European Parliament froze the ratification of the EU–US trade agreement, citing concerns that Trump's potential tariffs would violate the terms of last summer’s transatlantic deal.
...