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Europe News

Trump proposes 200% tariff on EU alcohol imports in trade escalation

The move comes in response to an EU tariff on US whiskey imports.

Canada

Canada announces tariffs in response to US ones

Canada's new tariffs are in addition to its 25% counter tariffs on $30 billion Canadian of imports from the US that were put in place on 4 March in response to other Trump import taxes that he’s partially delayed by a month.

Economy

US stocks rally as inflation cools and euro holds four-month highs

US stocks rallied as February’s inflation data came in lower than expected, boosting hopes for Federal Reserve rate cuts later this year. The S&P 500 gained 0.7%, while the Nasdaq 100 jumped 1.5%. Meanwhile, the euro held at a four-month high.

Europe News

Trump's trade war: What could be the impact on France's economy?

French industries, including drinks such as wines and spirits, and pharmaceuticals, are the most at risk if the US president enacts the tariffs.

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USA

Trump plans to double tariffs on Canadian steel and aluminium to 50%

US President Donald Trump faces increased pressure to stimulate economic growth after a brutal market selloff on Monday indicated rising recession risks.

Economy

Japan's trade minister fails to win US assurance on tariff exemptions

New 25% tariffs on steel and aluminium imports into the United States are set to take effect on Wednesday.

Economy

Mexicans celebrate with President Sheinbaum after US tariff delay

Sheinbaum has seen a bump in popularity as she seeks to protect Mexico against US tariffs. The economic effects of a trade war could nonetheless dent her ratings further down the line.

USA

Trump backtracks and postpones Canada and Mexico tariffs for a month

The US president signed new executive orders on Thursday postponing 25% tariffs on many imports from Mexico and some from Canada for a month.

Europe News

China slams US tariffs: 'There are no winners in a trade war'

Chinese Foreign Ministry spokesperson Lin Jian denounced US Defence Secretary Pete Hegseth’s statement that the US is “prepared” to go to war with China following Beijing’s warning over escalating trade tensions.

Economy

Trump temporarily suspends tariffs on Mexico and Canada’s carmakers

US President Donald Trump is exempting the automakers from 25% tariffs for one month after negotiating with major industrial leaders. Auto stocks rose following the news.

Markets

Gold prices are high - but here’s why investors are still flocking

Looming trade wars, along with increasing global debt, are driving investors to the precious metal.

Economy

Mexico will react to Trump tariffs on Sunday, President Sheinbaum says

Mexico's President Claudia Sheinbaum said her government would announce retaliatory tariffs against the US on Sunday, moving slower than China and Canada in response to Trump's new trade policies.

Economy

Markets slide as Trump confirms tariffs on Canada, Mexico and China

US President Donald Trump said he would proceed with planned tariffs on Canada, Mexico, and China, causing a broad selloff in US stock markets.

Europe News

EU lawmakers to discuss tech rules with US officials in Washington

The visit by MEPs comes after a range of criticism from the Donald Trump administration about EU regulation.

Europe News

'We care about Europe,' Vance tells von der Leyen as trade war looms

As the EU and US head towards a full-blown trade war, Ursula von der Leyen held her first meeting with Vice President JD Vance.

Europe News

EU will react against 'unlawful' US tariffs, says European Commission

The European executive has announced that it would retaliate against US tariffs on aluminium and steel if they are confirmed, considering them unlawful and counterproductive.

Europe News

How to counter Trump's trade war?

President Trump has hit Canada, China and Mexico with threatened tariffs in the last week. The EU is waiting its turn and mulling its potential response.

China

China counters Trump with limited tariffs on imports and Google probe

China has said it is imposing tariffs on a number of US products, while an antitrust investigation into Google was also announced.

USA

Trump agrees to pause tariffs on Canada and Mexico

All of the tariffs were scheduled to start at midnight on Tuesday, but both countries threatened retaliation, raising the prospects of a broader regional trade war. A 10% tariff that Trump ordered on China is still set to go into effect.

Economy

Trump, tariffs and trade wars: Who are the US’ main trading partners?

President Donald Trump swept to victory in the US election on promises to 'Make America Great Again'. As the MAGA movement turns the US inwards, what could this mean for international trade?