The European Union and Mexico link arms to fend off the impact of tariffs threatened by incoming U.S. President Donald Trump.

The new Global Trade Agreement between Mexico and the 27-nation bloc would reduce Mexican tariffs of agricultural food imports from Europe, remove a number of barriers that would allow European companies to more easily invest in Mexico and boost Mexican ...

The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.

China isn’t the sole target. Trump has proposed 10% tariffs on European and Asian imports and 5% on Mexican goods. The International Emergency Economic Powers Act (IEEPA) could be invoked for swift, sweeping action,

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Europe will respond to any tariffs imposed by President Donald Trump in a proportionate way, the European Union’s commissioner for the economy told CNBC Wednesday.

The European Union has bolstered its trading agreement with Mexico, particularly for food and drink exports, as the bloc prepares for President Trump’s ‘golden era’.

Here’s what to know about Trump’s proposal to add new restrictions in the U.S.—and how that compares to other countries.

Any EU offer to buy more US goods should be backed up by a credible threat to retaliate robustly if Trump goes ahead with tariffs. If there is a full-blown trade war, the EU will have retaliatory tariffs ready: a “negative list” of US products drafted to mirror Trump’s proposed tariffs could serve as a deterrent.

President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.

Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, especially luxury goods, according to a Goldman Sachs note on Wednesday seen by Reuters on Thursday.

The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.