Motorbikes, whiskey and T-shirts are among the US goods that could be hit by EU taxes if the US imposes import tariffs on steel and aluminum. The EU has drawn up a target list of 100 US goods worth €2.8bn (US$3.5bn), the BBC understands.
United States Senate Majority Leader Mitch McConnell said on Thursday that his chamber is unlikely to approve a US ambassador to Cuba, sending a quick rebuff to President Barack Obama and his drive to normalize relations with the U.S. neighbor and longtime Cold War foe.
The United States House of Representatives concluded a tumultuous three-week debate Thursday on trade when Democrats reversed themselves and approved a bill designed to provide financial help to US workers who can show they lost their job because of international trade.
Kentucky Senator Mitch McConnell said on Wednesday he intends to employ a trust but verify relationship with President Barack Obama when he takes the helm as the new Senate majority leader, saying voters sent a clear message that both parties must govern.
The Republican Party has taken control of the Senate in the US mid-term elections, increasing their power in the final years of President Barack Obama's presidency. After gains in Arkansas, Montana, South Dakota, West Virginia and Colorado, North Carolina clinched victory. Kentucky's Mitch McConnell will become the Senate majority leader.
The United States Senate leaders ended an impasse over stalled free-trade agreements, agreeing to vote after the August recess on benefits for workers who lose their jobs because of overseas competition, which opens the way for the approval of pending agreements with Korea, Colombia and Panama.
United States government and opposition senators are crafting a plan that could avert an unprecedented US government default if by next 2 August the national debt limit is not raised.