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Economy

China vows retaliation against countries supporting US trade isolation

Beijing has vowed to retaliate if other countries strike trade deals with the United States at the expense of China’s interests, in response to news that the Trump administration is pressuring trading partners to isolate China in negotiations.

Europe News

The silence between von der Leyen and Trump looms over trade talks

Despite the European Commission holding exclusive competence on trade policy, Donald Trump has not spoken with its president, Ursula von der Leyen, since he returned to the White House.

Taiwan

Bipartisan US delegation signals backing for Taiwan

Despite Trump’s 32% tariff and past criticism, Taiwan has vowed to boost defence spending and strengthen economic ties with Washington.

Economy

IMF: Tariffs will not spark global recession but will weaken economy

Surging US tariffs will weaken the global economy and push up inflation this year, according to the International Monetary Fund.

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Economy

Trump suggests he could remove US Fed Reserve Chair Jerome Powell

“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office to reporters on Thursday.

Europe News

How to protect your financial assets against Trump's tariffs

Deutsche Bank's Chief Investment Officer and chief strategist from private bank Merck Finck gives advice on how to protect assets against market volatility sparked by Trump's tariffs.

Business

LVMH CEO criticises Brussels bureaucrats as US-EU tensions simmer

French businessman Bernard Arnault warned trade tensions with the US would wreak havoc on European businesses — criticising Brussels' negotiation skills.

Business

Donald Trump announces fees on Chinese-built vessels at US ports

The Trump administration announced new fees on Chinese-built vessels on Thursday, stating that the move aims to "begin to reverse Chinese dominance, address threats to the US supply chain, and send a demand signal for US-built ships."

Business

How Trump’s tariffs are dampening hopes of a luxury sector revival

The global luxury sector, which has been facing slowing demand and an eroding customer base in the last several months, could be further hit by the escalating trade war between China and the US.

Europe News

Battleground: Big Tech — Where US tariffs and EU trade collide

The EU has a 90-day breathing space to negotiate while a blanket 10% US tariff rate continues to apply. The bloc is hoping for the best, while preparing for the worst - with targeting of US Big Tech among its options. How feasibly could Europe smite the tech it relies on?

Economy

ECB cuts rates again as Trump tariffs weigh on economic outlook

The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.

Business

TSMC: Profit jump and steady outlook cools investor concerns

Contract chipmaker Taiwan Semiconductor Manufacturing Company’s net income was up by 60% in the first quarter, boosted by strong AI demand.

Business

The end of cheap clothes? Temu and Shein give tariff price warning

The fast fashion brands, known for selling particularly cheap clothes, cosmetics and accessories, are contending with the 145% tariff Trump slapped on most products made in China.

Cambodia

China's Xi visits Cambodia to strengthen bilateral ties and trade

The Chinese president concluded his Southeast Asian tour in Cambodia, meeting top officials to strengthen ties and discuss trade amid US tariff concerns.

Radio Schuman

Is Meloni the new special EU envoy for tariffs?

Italian Prime Minister Giorgia Meloni is in Washington for bilateral talks with US President Donald Trump.

Economy

Fed’s Powell warns tariffs may upset inflation-growth balance

Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to drive inflation higher while weakening economic growth. His comments added further pressure on US stock markets and the US dollar on Wednesday.

Europe News

Meloni in Washington: A test for Italy’s role in Europe

Meloni hopes to strengthen her leadership by positioning herself as a mediator between the EU and the US.

No Comment

Trump's tariffs threaten to be tough nut to crack in German workshop

Alongside classic fare such as a variety of Santas, Scrooge and the Mad Hatter, specifically American-themed collectibles are a staple at Steinbach Volkskunst.

Europe News

WTO forecasts 6% bump in Chinese exports to Europe in 2025

With the Chinese and US economies decoupling, WTO forecasts anticipate a diversion of Chinese exports to Europe.

Economy

WTO: Trump's tariff policies could force global trade slide in 2025

According to the WTO, US President Donald Trump's shifting tariff policies could decline global trade by 0.2% this year.

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.