Latest news and stories about tariffs in Portugal for expats and residents.
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French President Emmanuel Macron aims to deploy the EU's so-called 'commercial bazooka' — a package of trade measures/instruments — to counter the threat of tariffs from US President Donald Trump.

After Trump’s renewed threats against the EU, the European Parliament decided to postpone indefinitely the ratification of the agreement that would remove tariffs on US exports to the single market.

Donald Trump raised the level of diplomatic tension by announcing tariffs of 10% (which could rise to 25% in June) against eight European countries that oppose the US purchase of Greenland. Among those targeted are countries such as France, Germany and Denmark. In response, French President Emmanuel Macron described the threats as “unacceptable” and urged the European Union to activate its powerful Anti-Coercion Instrument. This mechanism, never used before, would allow Brussels to respond with severe trade sanctions to protect European sovereignty.

US trade threats “raise the question of the validity of the agreement” on customs tariffs concluded between the European Union and the United States last July.

French President Emmanuel Macron, who will be in contact with his European counterparts throughout the day, will request activation of the EU's anti-coercion instrument if Donald Trump's threatened additional customs tariffs are implemented, a source close to Macron said.

The showdown between Brussels and Washington over Trump’s intention to buy Greenland intensifies. Kaja Kallas warns that China and Russia are the main beneficiaries of the diplomatic tension.

EU lawmakers say a proposed EU–US trade pact—intended to shield European exporters from heavy duties—is effectively on hold after the US announced tariffs on eight European countries in response to their opposition to Washington’s actions regarding Greenland. EU ambassadors have been summoned to an extraordinary meeting to discuss the diplomatic fallout and next steps, underscoring how escalating US threats risk derailing broader trade cooperation and raising the prospect of a wider economic and political rift.
In Paraguay, EU leaders were confronted with a threat from Donald Trump, who promised to impose tariffs on countries that support Denmark against the US annexation of Greenland.

Brussels proposes replacing tariffs with minimum-price measures as a way to ease the growing conflict with China over electric car imports and competition.

EU countries provisionally approved on Friday the free trade agreement between the EU and Mercosur (Southern Common Market) - it is the largest trade deal ever signed by Brussels in terms of tariff reductions. This will affect our lives, but it is creating controversy in some countries, notably France.

At 5pm, the European Union gave the green light to a trade agreement with Mercosur.

POLITICO analyzes who is uncorking the Malbec — and who is crying into their Bordeaux (cough, Emmanuel Macron, cough).

Latin America trade accord wins the required qualified majority, even as France, Poland, Austria, Ireland and Hungary express their opposition.