English

More about this topic

Economy

US imports hit record high as businesses seek to avoid tariffs

The surge in US imports was mainly driven by consumer goods such as pharmaceuticals, as businesses attempt to stockpile in order to avoid further tariffs.

Economy

French trade deficit increases in February as transport exports lag

France’s imports advanced in February, boosted by communication and publishing products. However, transport and refined petroleum product exports fell.

Business

Swiss chocolatiers face bittersweet Easter after Trump's tariffs

With the normally brisk Easter season around the corner, the mood in Switzerland's chocolate business is bittersweet, thanks to high cacao prices and — now — the newly added US tariffs on imports.

Economy

German exports to the US grew in February as firms anticipated tariffs

The US was Germany's largest single trading partner last year, ahead of China. This marks the first time it has held this position in almost a decade.

ADVERTISEMENT

Green News

South African farm workers demand EU stops flow of toxic pesticides

Pesticides deemed too dangerous for Europe continue to be made here and exported. South Africa’s farm workers have had enough.

Economy

Here's why President Trump's tariffs could benefit European consumers

President Donald Trump’s announcement of sweeping reciprocal tariffs, which were far steeper than many had anticipated, has sparked a global outcry. What do they mean for European consumers?

Business

Why is Turkey sending thousands of tonnes of eggs to US buyers?

A preliminary agreement between the two countries means 15,000 tonnes of eggs will be sent to the US by July.

Business

Germany lowers 2025 economic growth forecast to 0.3%

The uncertainty about US trade policy in the wake of Donald Trump's presidency is partly to blame, economy minister Robert Habeck said on Wednesday.

Europe in Motion

What is the state of trade relations between EU and China?

Despite trade disputes over electric vehicles and dairy products, the EU remains China’s largest trading partner, with mechanical appliances and electrical equipment being the most traded goods.

Business

BMW says luxury cars were sold to Russian buyers despite sanction

BMW Group has confirmed that it has sold more than 100 high-end cars to Russian buyers, despite EU sanctions being in place to halt the export of vehicles to Russia.

Economy

Central and Eastern European clean tech exports on track to triple

Poland, Bulgaria, Croatia and Romania are on track potentially to rapidly scale up their clean tech exports, which could go a long way in helping the EU meet its net zero 2050 target, as well as increase its global competitiveness.

Economy

Eurozone economy touches two-year high as households spend more

The Eurozone quarter-on-quarter GDP growth rate inched up in the third quarter of the year, boosted by increased government and household spending, as well as higher inventories.

Tech News

US strengthens export controls for Chinese semiconductor companies

The rules include new controls on semiconductor manufacturing equipment and software tools, the US commerce department said.

Economy

What beef do EU farmers have with the Mercosur free trade deal?

The deal has been 25 years in the making and it aims to create one of the largest free trade zones in the world - but farmers in Europe are heavily opposed to sealing it, saying that they cannot compete with South American livestock producers.

Economy

Modest growth in the German economy helps it avoid a recession

Europe's biggest economy expanded by 0.1% in the third quarter, revised down from the first estimate of a 0.2% rise.

Economy

How could Europe's biggest economy lose out under Trump's plans?

The German economy, already in decline, could be about to lose 1% of GDP due to the trade tariffs, promised by US President-Elect Donald Trump.

Economy

Which European countries rely most on exports to the US?

Apart from Germany, Ireland, and Italy, a potential 10% tariff on all EU goods exported to the US would also significantly affect other EU countries, where the US represents a substantial share of total exports. Euronews Business takes a closer look at the US's share in exports for each EU country.

Europe in Motion

EU green exports grow on all fronts but trade-off remains negative

The block's exports of wind turbines, solar panels and liquid biofuels saw substantial growth between 2022 and 2023, but a more balanced import-export trade-off is still a long way to go, new Eurostat data shows.

Europe in Motion

Which European countries produce and import the most coffee?

Italy is the largest coffee producer across Europe, while Germany is the biggest importer in the EU.

Economy

How Russia uses Kyrgyzstan to continue doing business with Europe

Euronews Business investigates how Russia is using Kyrgyzstan as a key third-party country to maintain trade relations with a variety of European nations.