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International trade

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Caspian-Central Asia corridor strained as trade routes shift

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Economy

Who won and who lost from a year of US tariffs?

A report published this month by the McKinsey Global Institute offers one of the most rigorous accountings of last year's trade war. Its verdict confounds almost every prediction made when the tariffs were first introduced.

Economy

US Treasury chief hails 'very good' China talks ahead of Trump visit

High-level US and Chinese officials have wrapped up two days of economic discussions in Paris, with the US Secretary of Treasury describing the sessions as productive ahead of President Trump's visit to China.

Business

Authorities probe spike in Portuguese exports to Russia-tied countries

Countries with close ties to Russia have seen an increase in imports of Portuguese products that are under EU sanctions following the 2022 invasion of Ukraine.

Economy

The 18th-century constitutional clause that could cost Trump €150bn

A New York court has ordered Customs to begin repaying hundreds of thousands of importers — before the government could find a way to avoid it.

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Economy

US could owe €110bn in tariff refunds after court rejects Trump delay

After the US federal appeals court rejected Trump’s attempt to postpone proceedings on refunds for tariffs, the CIT must now establish a framework for what could become the largest tariff refund operation in US history.

Economy

Trump raises global tariffs from 10% to 15% 'effective immediately'

The US president said that the new measure will effective immediately raise the 10% worldwide tariff on countries, many of which 'have been ripping the US off for decades, without retribution.'

Europe News

Friedrich Merz heads to China to reset strained trade relations

Germany aims to find “the right balance of cooperation” with China. The visit comes at a critical time for German car makers who face increased Chinese competition.

Economy

Supreme Court blocks Trump tariffs in major blow to White House agenda

The US Supreme Court struck down Donald Trump’s sweeping global tariffs, ruling the president overstepped his authority by invoking emergency powers.

Economy

Eurozone trade ends 2025 with a €12.6bn surprise surplus

Strong export growth helped the bloc maintain a hefty annual trade surplus, even as December’s balance narrowed to €12.6bn.

Economy

US House votes to overturn President Trump's tariffs on Canada

Six Republican lawmakers joined Democrats to block the tariffs in a 219 to 211 vote. Trump is expected to veto the measure.

Economy

China hits 5% growth goal, but weak demand tells another story

China’s economy grew in line with official targets last year, yet economists warn that reliance on exports may not be enough to sustain growth in 2026.

Economy

From 'Liberation Day' to legal fights: Trump's turbulent tariff year

From sweeping “Liberation Day” levies to courtroom battles and sudden reversals, Donald Trump’s return to office has delivered a volatile year for US trade policy.

Europe News

EU strengthens screening of investments from foreign countries

The European Parliament and EU member states are taking steps to prevent rivals like China from “weaponising” their investments.

Economy

A decade of Brexit: Britain falls behind peers in trade and growth

Economic analysis shows UK GDP per capita grew up to 10% less than similar nations as firms froze spending and productivity slipped.

Economy

China launches an investigation into Mexico's tariffs on Asian imports

Beijing hopes to deter countries from siding with the US in suppressing Chinese trade.

Economy

The hidden cost of international trade and the countries left behind

While international trade can be a powerful tool to address some of the world’s most complex challenges, it can also contribute to inequality between rich and poor nations.