Tariff woes leave firms in limbo

EVEN AS EUROPEAN Union negotiators redoubled efforts to secure a trade deal with the US, businesses in Europe face prolonged uncertainty that makes it difficult — and costly — for them to plan for the future.

- Liz Alderman & Melissa Eddy

The threat on Saturday from President Trump of a 30% tax on goods imported from the EU leaves businesses facing tariff levels not seen since the end of the 19th century. Worse, many say, is that they find themselves in limbo, unable to make decisions on strategy, hiring and investments.