English

More about this topic

Economy

Japan's economy holds steady at half-year mark despite Trump tariffs

The country's GDP grew in the second quarter thanks to a rush of pre-tariff exports and a glut of international tourists.

Economy

Is China finally turning the corner on its economic slump?

China's economy shows tentative signs of recovery, but a sluggish property market and geopolitical uncertainty cloud the outlook. Economists remain cautious, warning that while stabilisation is under way, a robust rebound remains elusive.

Economy

German economic sentiment tumbles as EU–US trade deal underwhelms

Germany’s economic sentiment fell sharply in August, with the ZEW index dropping to 34.7 as experts reacted negatively to the EU–US trade deal. Key industries like chemicals and autos were hit, while eurozone sentiment also weakened.

USA

US President Donald Trump's sweeping global tariffs go into effect

The move comes after Washington paused its "reciprocal tariffs" for almost four months to allow countries to negotiate trade deals with the US.

ADVERTISEMENT

Economy

India attacks US and Europe's 'double standards' in trade with Russia

India criticised countries trading with Russia while targeting India. EU trade with Russia hit €67.5bn in 2024. Trump threatened tariffs on Indian goods, escalating tensions.

Business

Tariffs: 'Economic blow' for Switzerland coming if no new deal with US

The tariffs, which come into effect on Thursday, are estimated to affect around 60% of Swiss exports to the United States, its largest market for its exports of pharmaceuticals, watches, machinery and chocolate.

Business

Tariff showdown threatens populist alliance between Trump and Modi

Once allies during the populist wave launched in Trump's first term, the US president and Indian PM Narendra Modi are now on a collision course over tariffs and Washington’s warming ties with Pakistan.

Economy

Eurozone inflation holds at 2% as the euro slumps against the dollar

Eurozone inflation held steady at 2% in July, easing pressure on the ECB. The euro is on track for its worst week since 2022 amid trade tensions and strong US data.

Europe News

Customs duties: What will be the impact on European consumers?

The prices of European products are likely to rise in the United States. Conversely, the trade agreement should not cause inflation in Europe, as the EU has not introduced counter-tariffs on American products.

Economy

US and China prepare to extend tariff pause after Stockholm talks

US Treasury Secretary Scott Bessent says President Trump must approve the pause before it can go ahead.

Business

Automotive giant Stellantis faces €1.5 billion hit from US tariffs

Stellantis is bracing for €1.5 billion in losses due to US tariffs this year, placed both on cars and car parts.

Europe News

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Economy

US and China push through high-stakes tariff talks in Sweden

Representatives of the world’s two largest economies meet in Sweden as the expiration date for a 90‑day pause on tariffs draws near.

Europe News

French MPs across the political spectrum slam US-EU trade agreement

The agreement reached on Sunday between Brussels and Washington, which places customs duties of 15% on EU exports to the United States, has caused an uproar among French MPs.

Economy

US and China to talk in Stockholm as trade truce expiration nears

The talks are a precursor to a potential autumn meeting between US President Donald Trump and Chinese leader Xi Jinping.

Europe News

WATCH Europe Today: China and EU - has summit restored trust?-

Following Commission President Ursula von der Leyen's and Council President Antonio Costa's meeting with Chinese premier Xi Jinping in Beijing, Euronews' Europe Today assesses the progress made with interviews, exclusive reporting and analysis.

Economy

European Central Bank leaves key deposit rate unchanged at 2%

The European Central Bank kept its benchmark interest unchanged, in line with analyst estimates.

EU Decoded

Will EU fertiliser tariffs hit Russia's coffers?

To reduce its economic dependence on Russia, the EU has imposed higher tariffs on fertilisers and agricultural products. The aim is to reduce Russian revenue, but it could impact on food prices in the EU, which worries farmers.

The Exchange

The tariff ripple effect on global trade

In partnership with Media City

The Trump administration’s ‘Liberation Day’ tariffs introduced in April has caused uncertainty and sparked a number of trade negotiations with the US’s biggest trading partners, but consumers all over the world are feeling the pain of inflation and price increases caused by supply chain disruptions.

Markets

Trump's 30% tariffs threaten to burst Europe's bullish trade

Trump's threat of a 30% tariff on EU goods from 1 August puts Europe’s bullish growth narrative at risk. With investors heavily positioned in eurozone assets, Goldman warns of a 1.2% GDP hit, raising fears of a sharp reversal if tensions escalate.

Stay updated with the latest news on tariffs, including policy changes, economic impact, and global trade implications. Our coverage provides expert insights and thorough analysis on how tariffs are shaping international markets.