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Pharma giants push for tariff clarity as ambiguity threatens EU-U.S. deal

Pharma firms are calling for clarity on tariffs imposed under the new U.S.-EU trade agreement, as analysts warn that punitive sector-specific levies could risk blowing up the entire deal. Ambiguity abounds around the terms for pharmaceutical goods under the trade truce agreed Sunday, which imposes 15% tariffs on EU goods imported to the U.S.

· 19h · on MSN

US-EU deal sets a 15% tariff on most goods and averts the threat of a trade war with a global shock

· 20h

European Carmakers Welcome, and Worry About, U.S. Tariff Deal

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US-EU Deal Sets a 15% Tariff on Most Goods and Averts the Threat of a Trade War With a Global Shock

Donald Trump is meeting Sunday with European Commission President Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade as both sides seek an agreement on tariff rates now th...

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For Trump, E.U. Trade Deal was Badly Needed

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EU’s lopsided Trump trade deal will be short-lived

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US and EU reach tariff agreement to avert trade war

“This is probably the biggest deal ever reached in any capacity, trade or beyond trade,” Trump said as he announced the agreement.

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European Union resigned to 15 percent US tariff

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Trump reaches 15% tariff trade agreement with European Union

Higher US tariffs part of the price Europe was willing to pay for its security and arms for Ukraine

U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to American demands

17h

Tariffs on Medicines From Europe Stand to Cost Drugmakers Billions

Many pharmaceutical products made in Europe will face a 15 percent tariff, pinching manufacturers and potentially leading to higher drug prices.

3hon MSN

Rating firms say US tariffs alone will not trigger EU sovereign downgrades

The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could compound existing pressures, Fitch and other agencies said on Tuesday, while Moody's warned of the effect on exporting firms.

6hon MSN

Europe’s Star Economy Picks Up Pace as Fresh Tariff Hikes Loom

Spanish GDP grew 0.7% in the second quarter, accelerating a little from 0.6% in the first months of the year, a sign of resilience with higher U.S. tariffs set to bite.

Trump tariffs live updates: US and EU rush to finalize deal, 90-day extension of China trade truce likely

The US and EU are racing to lock in the final details of their major new trade deal before Friday's deadline. Critics say its a rushed fix, with German Chancellor Friedrich Merz calling the outcome unsatisfying and France’s Bayrou dubbing the EU’s "submission" a "dark day.

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5hon MSN

Philips cuts tariff impact estimate following US-EU deal, shares up 10%

Dutch healthcare technology company Philips slashed its estimated tariff impacton Tuesday after the United States and the European Union agreed a trade dealthat imposes a 15% rate on most goods imported from Europe.

Which European Countries Will Be Hit Hardest by U.S. Tariffs?

U.S. trade deal averts a full-on trade war, but is still likely to crimp Europe's already weak economic growth. The region's export powerhouses—drug-pro