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Earth News

Trump lifts rule restricting water use to end 'war on showers'

The standards were intended to make dishwashers, showerheads, refrigerators, laundry machines and toilets use less energy and water.

Health news

RFK Jr sets September deadline to find out what causes autism

A longtime critic of vaccines, Kennedy has previously expressed the view that childhood jabs cause the developmental condition.

Markets

Euro soars to 3-year high as investors flee US assets over tariff woes

The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.

Markets

US stocks lose gains as Asian markets fall in China-US trade war

Asian shares sank on Friday after US stocks gave up much of their historic gains from the day before.

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USA

White House says tariff rate on most Chinese imports is now 145%

Speaking at a cabinet meeting, the US president defended his tariff policies, saying the US is in “very good shape”.

Europe News

Spain aims for closer ties with China amid US tariffs uncertainty

Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'

Economy

US inflation dropped in March - pulled down by falling gasoline prices

Gas prices declined in March, while costs for housing and clothing rose at a slower pace. Food prices increased over the month.

Business

TSMC shares soar as semiconductor firm announces surprise revenue lift

The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), recorded a 41.6% year-on-year revenue rise in the first three months of the year.

Europe News

EU pauses counter-tariffs against US to 'give negotiations a chance'

The counter-tariffs agreed by EU countries were set to target almost €21 billion in American products, such as soybeans, copper and motorbikes.

Economy

Fed headache ahead as tariffs fuel higher prices and slower hiring

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting.

Markets

Here's how Trump gave a hint to investors before tariffs pause

Trump announced a 90-day pause on some so-called 'reciprocal' tariffs on Wednesday, causing global stock markets to soar, regaining some of the ground lost recently.

Europe News

Von der Leyen greets Trump's tariff pause, offers 'zero-for-zero' deal

The European Commission will examine Donald Trump's decision to temporarily pause his sweeping tariffs before taking further steps.

Markets

Wall Street rallies to historic gains as Trump halts most tariffs

Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.

USA

Trump authorises 90-day tariffs pause on most countries except China

In a post on Truth Social, Trump said he was imposing a steeper tariff rate of 125% on Beijing because of 'the lack of respect China has shown the World's Markets.'

Economy

Why are US Treasuries losing safe-haven status in major sell-off?

US Treasuries are behaving unusually as yields rise during market turmoil, raising doubts about their safe-haven status amid the US-China trade war and waning confidence in American economic dominance.

Markets

US stocks surge after Donald Trump announces 90-day pause on tariffs

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%.

Business

Why Trump’s tariffs are a serious threat to the German car industry

US tariffs are affecting up to €67bn of EU automotive industry exports, the majority of which are coming from Germany. BMW, Volkswagen and Mercedes must choose between pausing shipments or absorbing tariff costs.

Business

New tariffs from the US are about to hit the pharmaceutical sector

Despite sparking global-market turmoil with last week’s announcement, the US President is promising new tariffs, now targeting the previously exempted pharmaceutical sector.

USA

Musk calls Trump adviser 'moron' in quarrel over Tesla

The South African-born billionaire's latest spat further fuelled rumours of his growing rift with Trump. Influential allies have also criticised the US president's tariffs.

Health news

Pharma companies ask EU Commission to negotiate with US over tariffs

The EU executive and top pharmaceutical companies shared a video call to address concerns over potential US tariffs on drugs and other medical products.