Business
EU puts tariffs on US but hopes for change with Biden
Published
6 years agoon
BRUSSELS (AP) — The European Union said Monday it would impose tariffs on up to $4 billion worth of U.S. goods and services over illegal aid for plane maker Boeing – but expressed hope that trade ties would improve once President Donald Trump leaves office.
European trade ministers agreed on the move a few weeks after international arbitrators gave the EU the green light for such punitive action. The World Trade Organization had deemed illegal some U.S. support for Boeing – which is a bitter rival to Europe’s Airbus – and said the EU could make up for that with a limited amount of penalties on U.S. trade.
“Regrettably, in spite of our best efforts due to the lack of progress from (the) U.S. side, we can confirm that the European Union will later today exercise our rights and impose counter-measures awarded to us by the WTO,” EU Commission Executive Vice-President Valdis Dombrovskis said. The tariffs will enter force on Tuesday.
A year ago, the WTO ruled in a similar fashion in favor of the United States, allowing it to slap penalties on EU goods worth up to $7.5 billion – including Gouda cheese, single-malt whiskey and French wine – over European support for Boeing rival Airbus.
After Trump also imposed tariffs on EU steel and aluminum and threatened punitive duties on cars, the Europeans had hoped that he would hold fire on the tariffs related to the Airbus-Boeing dispute. But having repeatedly failed to achieve a negotiated solution, the EU decided to announce punishment of its own.
“We call on the U.S. to agree that both sides drop existing counter-measures with immediate effect so that we can quickly put this issue behind us,” Dombrovskis said. He declined to provide precise details of the tariffs, which were to be made public in the official EU journal later Monday, but said they would hit agricultural and industrial products, among others.
“We are not escalating anything, we are exercising our rights,” Dombrovskis said, adding that the EU is “mirroring the U.S. approach” in the kinds of duties it is imposing.
German Economy Minister Peter Altmaier said “this step was logical,” and that most of the 27 EU member countries agree.
Asked why the EU didn’t wait until Trump leaves office, Altmaier said: “The U.S. tariffs have already been valid for over a year. We won’t know until about February or March exactly who in the new administration has the power to speak for this important area, so a solution had to be found now in the hope that it can prevent a further escalation.”
The Europeans are hopeful that Trump’s hardline trade stance will soften when president-elect Joe Biden takes office in January. Dombrovskis welcomed Biden’s commitment to international alliances, the multilateral system and to improving ties with the EU.
Expressing hope for more rules-based and less conflictual trans-Atlantic ties, Altmaier said that most European countries see Biden’s victory “as an opportunity for us to take a new approach to our trade relationship and to solve the trade conflicts we have with the U.S.”
In terms of tariffs over Boeing, the EU had earlier released a preliminary list that suggests it could go after a wide range of U.S. products including frozen fish and shellfish, dried fruit, tobacco, rum and vodka, handbags, motorcycle parts and tractors.
The president of the U.S. Distilled Spirits Council, Chris Swonger, said the new tariffs “will be a major blow” to the spirits industry, “especially craft distillers who are struggling to regain their footing following the closings of distillery tasting rooms, restaurants and bars due to COVID-19.” Whiskey exports to the EU have already declined by 41% due to the bloc’s retaliation over Trump’s tariffs on steel and aluminum in 2018.
The Europeans remain reluctant to ramp up trade tensions as the coronavirus pandemic ravages economies around the world.
Some 16 million workers on both sides have jobs that are supported by trans-Atlantic trade, the biggest such relationship in the global economy. Even before the pandemic hit, tit-for-tat tariffs over the past four years have affected companies and people making and selling a whole host of goods.
Boeing itself said last month that it will cut 7,000 more jobs as the virus smothers demand for new aircraft and pushed it to a loss.
Peter Chase, senior fellow at the German Marshall Fund think-tank, says the Europeans should have waited a few months more.
“They don’t need to do this now. They don’t need to disrupt trade,” Chase said. Biden “is going to have a lot of constraints and he’s going to have to work first on the domestic issues, both the COVID crisis and the economy. And he’s going to have to do a lot of internal healing. And I think that they should cut him some slack, basically.”
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Business
Florida Eye Microsurgical Institute, Mitchell Refractive Surgery & Eye Center Welcome Dr. Anna Walker
Published
1 week agoon
July 6, 2026BOYNTON BEACH, Fla. (FNN NEWS) — Florida Eye Microsurgical Institute (FEMI) and Mitchell Refractive Surgery & Eye Center (MRSE) have announced the addition of optometrist Dr. Anna Walker to their medical teams, expanding comprehensive eye care services for patients across Palm Beach County.
Walker provides comprehensive eye care for patients of all ages, specializing in primary eye care, ocular disease management, specialty contact lenses and intense pulsed light (IPL) therapy. Her practice focuses on preventive eye health through comprehensive examinations, advanced diagnostic technology and individualized treatment plans.
“Dr. Walker brings excellent clinical training and a compassionate approach to patient care,” said Omayra Alvarado, practice administrator for FEMI. “We are confident she will help further our mission of delivering exceptional eye care across South Florida.”
Walker earned her Doctor of Optometry degree from the New England College of Optometry after receiving a Bachelor of Arts in biology from Stonehill College. She completed her residency at the Malcolm Randall VA Medical Center, where she specialized in comprehensive optometric care with an emphasis on ocular disease management and specialty contact lenses.
Her clinical training also includes refractive surgery co-management, IPL therapy and advanced diagnostic techniques. Walker is certified in laser procedures and injections through the New England College of Optometry.
According to the practices, Walker combines advanced clinical expertise with a personalized approach to patient care, focusing on preserving long-term eye health and improving patients’ quality of life.
Walker will see patients at Florida Eye Microsurgical Institute’s East Boynton Beach office on Tuesdays, Wednesdays and Thursdays, and at Mitchell Refractive Surgery & Eye Center in Boca Raton on Mondays and Fridays.
Patients interested in scheduling routine eye examinations or establishing ongoing eye care with Dr. Walker can learn more by visiting Florida Eye Microsurgical Institute or Mitchell Refractive Surgery & Eye Center.
Business
U.S. Marine Veteran Receives Refurbished Vehicle Through NABC Recycled Rides Program
Published
1 month agoon
June 12, 2026DAVIE, Fla. (FNN NEWS) — A U.S. Marine Corps veteran and his family received a life-changing gift on June 11 when they were presented with a fully refurbished vehicle through the National Auto Body Council’s (NABC) Recycled Rides® program.
The donation was made possible through a partnership between vehicle donor Allstate, repair partner Crash Champions, and several industry sponsors. The presentation took place at Crash Champions’ Davie, Florida, collision repair center.
Veteran Receives Reliable Transportation
The recipient, Sergio Hernandez, was nominated by the Wounded Warrior Project, one of the nation’s leading veterans service organizations dedicated to supporting post-9/11 veterans, active-duty service members and their families.
Hernandez and his wife received a refurbished 2018 Toyota RAV4 donated by Allstate and restored by Crash Champions technicians.
“This vehicle is beautiful, super clean, just near mint,” Hernandez said. “Reliability is a huge thing. This will take a burden off our shoulders not having to worry about maintenance or any of the issues we were having with prior vehicles. I’m truly grateful for it.”
From Military Service to Civilian Life
Hernandez served in the United States Marine Corps beginning in 2015, with assignments in South Korea, Japan and the Philippines. During his service, he suffered a back injury that required extensive therapy and rehabilitation.
After leaving the military, Hernandez used GI Bill benefits to earn a bachelor’s degree in business management. However, transportation challenges remained a significant obstacle for his growing family.
With a non-operational vehicle and mounting repair costs, reliable transportation had become a pressing need. The donated vehicle will help Hernandez commute to work, attend family appointments and provide safe transportation for his wife and two young children.
Industry Partners Make a Difference
Allstate has donated more than 300 vehicles through the NABC Recycled Rides® program, making it one of the program’s largest vehicle donors.
Crash Champions has also played a major role, gifting more than 250 vehicles to individuals and organizations in need through the initiative.
Additional partners supporting the donation included Enterprise, Tire Kingdom, AutoZone, J&A Auto Restore, ATE, Advanced Remarketing Services, Copart and Cars for Charity.
Business
Orlando Regional REALTOR Association Event Highlights Orange County Growth, Housing Trends and Economic Outlook
Published
3 months agoon
April 19, 2026By
Willie DavidORLANDO, Fla. (FNN) — The Orlando Regional REALTOR Association (ORRA) hosted its second annual State of Real Estate event for Orange County on April 17, bringing together industry professionals, policymakers and community leaders to examine the region’s housing market and economic outlook.
Held at ORRA’s headquarters in Orlando, the event focused on the evolving dynamics of residential and commercial real estate across Central Florida. Discussions centered on housing affordability, economic growth and long-term regional development.
Speakers and Panelists
- Lawrence Yun — Chief Economist, National Association of REALTORS
- Maria Henson — Senior Director of Market Research & Insights, Visit Orlando
- Racquel Asa — Head of External Affairs, Central Florida Expressway Authority
- Amy Mercado — Property Appraiser, Orange County
- Chris Atwell — Moderator, 2026 ORRA President
Industry experts said Central Florida’s economy continues to grow, though at a more measured pace. While housing and stock market wealth remain near record highs, job growth is softening, consumer sentiment has declined and loan defaults are rising — creating a market shaped by mixed signals.
Panelists noted the housing market has shifted into a more stable phase compared to the rapid growth seen during 2020 and 2021, with more balance and sustainable conditions.
Despite short-term fluctuations, long-term fundamentals remain strong. Orange County’s tax base has grown significantly since 2023, while the broader Central Florida region has experienced a 23% population increase over the past decade, with more than 1,200 people moving to the area each week.
Infrastructure and tourism were also highlighted as key drivers of future growth. Officials pointed to major roadway investments by the Central Florida Expressway Authority and the region’s continued strength as a tourism hub, drawing more than 75 million visitors in 2024.
“We’re operating in a global economy where interest rates, supply chains and migration policies all influence what happens at the local level,” said ORRA CEO Cliff Long.
Economic Trends Show Mixed Signals
Experts emphasized that strong asset values are being offset by softer job growth and declining consumer confidence.
Housing Market Enters Stable Phase
The market has transitioned from pandemic-driven volatility to a more balanced and sustainable pace.
Growth, Infrastructure and Tourism Drive Future
Population growth, infrastructure investment and tourism continue to support long-term expansion in Central Florida.
ORRA’s Impact and Benefits on the Real Estate Industry
The Orlando Regional REALTOR Association provides critical market insights, advocacy and professional resources for REALTORS® across Central Florida. Its events foster collaboration between industry leaders, policymakers and the community, helping guide responsible growth, inform housing policy and strengthen the regional real estate market.
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