
How the US-EU trade deal wards off more escalation but will raise prices and slow growth
The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Toronto Star
21 minutes ago
- Toronto Star
New whistleblower emerges against Trump lawyer ahead of confirmation vote
WASHINGTON (AP) — The Senate is set to vote as soon as Tuesday evening to confirm former Trump lawyer Emil Bove for a lifetime appointment as a federal appeals court judge despite vocal Democratic opposition and a new whistleblower complaint against him. The whistleblower provided Congress with an audio recording of Bove that runs contrary to some of his testimony at his confirmation hearing last month, according to two people familiar with the recording. The audio is from a private video conference call at the Department of Justice in February in which Bove, a top official at the department, discussed his handling of the dismissed corruption case against New York City Mayor Eric Adams, according to transcribed quotes from the audio reviewed by The Associated Press.


Toronto Star
21 minutes ago
- Toronto Star
Georgia Republican Marjorie Taylor Greene won't run for governor in 2026
ATLANTA (AP) — U.S. Rep. Marjorie Taylor Greene announced Tuesday that she won't run for governor in Georgia in 2026, putting an end to her flirtation with the race in a long social media post saying she was turned off by a political 'good ole boy' system and alleging that it was endangering Republican control of the state. Greene chose earlier not to run for Senate under pressure from Republicans who feared she would hand a second term to Democratic incumbent Jon Ossoff. But she told reporters she might instead run for governor during a June appearance at the Georgia Republican Party convention in Dalton, where she wore a 'Make Georgia Great Again' hat and discussing state issues.


Toronto Star
21 minutes ago
- Toronto Star
Trump says US will partner with Israel to run additional food centers in Gaza, but details are scant
WASHINGTON (AP) — President Donald Trump said Tuesday that the U.S. will partner with Israel to run new food centers in Gaza to address the worsening humanitarian crisis there, but he and U.S. officials offered few additional details about the plan or how it would differ from existing food distribution centers. Trump told reporters aboard Air Force One as he returned from a trip to Scotland that Israel would preside over the new food centers 'to make sure the distribution is proper.'