Dollar rises against major peers after U.S.-EU trade pact

[ad_1] European Commission President Ursula von der Leyen sits with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU. File | Photo Credit: Reuters The dollar gained against major currencies, including the euro and yen, on Monday (July 29, 2025), with sentiment lifted by a trade agreement between […]

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U.S.-EU trade deal wards off further escalation but will raise costs for companies, consumers

[ad_1] President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Mr. Trump’s threat of a 30% rate if no deal had been reached by August 1. The tariffs, or import taxes, paid when Americans buy European products […]

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European Commission chief Ursula von der Leyen warns of danger of complete cut-off of Russian gas

[ad_1] “It is obvious: [Russian President Vladimir] Putin continues to use energy as a weapon. This is why the Commission is working on a European emergency plan,” European Commission chief told legislators in Strasbourg, France. “It is obvious: [Russian President Vladimir] Putin continues to use energy as a weapon. This is why the Commission is […]

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