Trade Twist of the Week – When Tariffs Tangle the World

May 29, 2025 - Trade Twist of the Week – When Tariffs Tangle the World

EU throws a curveball as Trump digs in

The Financial Times reports that Brussels admitted it can’t simply drop those 10 % “reciprocal” tariffs—so they’re eyeing targeted relief on cars and bourbon to keep talks alive.

– EU Might Pause Its €21 Billion Counter-Tariffs List

– France Pushes Back While Italy’s PM Proposes Full Tariff Repeal

Federal Courts Slam the Brakes on “Liberation Day” Levies

Three U.S. courts—from the Court of International Trade to a Manhattan panel—ruled Trump overstepped with emergency-power tariffs on China, the EU, and even Apple gear.

– Small Importers Breathe Easier as Duty-Free Loophole Returns… For Now

– The White House Vows Appeal; Markets Jitter on the Next Legal Chapter

Federal Courts Slam the Brakes on “Liberation Day” Levies

Reuters reports sneaker heroes like Skechers and Birkenstock eye “go private” deals after wild tariff swings shook investor confidence

– takeover interest surges amid profit-guidance headaches

– M&A firms smell opportunity in a choppy market

50 % EU Tariff Threat Puts Apple in the Hot Seat

ReAxios reminds us Trump teased a half-and-half deal—50 % on EU imports, 25 % on iPhones—if supply chains don’t move stateside by June 1.

– Volvo Warns of Sticker Shock

– The EU’s Holding Its Breath with Consultations Running to June 10

What’s Next? Your Monday Digest Will Dive Deep—from De Minimis Debates in DC to India’s Tariff-Cut Offers in New Delhi, We’ll Map Out the Moves That Matter to Your GEO-Targeted Sourcing Strategy

You can find more about Istanbul Tekstil’s global sourcing expertise at: formentia.info