English

More about this topic

Economy

US retail sales surge as consumers rush to beat tariff deadlines

The rise in sales was largely driven by car purchases as consumers sought to get ahead of tariffs.

Economy

China appoints a new trade negotiator during tariff fight with the US

Li Chenggang, a former assistant commerce minister, will replace Wang Shouwen as trade tensions heat up between Beijing and Washington.

Economy

ECB set to cut interest rates as insurance against trade tariffs

ECB expected to cut rates by 25bp to 2.25%—its sixth straight reduction—as inflation cools and tariff risks rise. Economists see the move as insurance amid growth shocks and US-EU tensions weighing on sentiment and policy outlook.

Business

Nvidia expects $5.5bn revenue hit as US curbs chip exports to China

Nvidia shares have fallen more than 5% in after-hours trading after the US said the chipmaker would require a licence to sell H20 chips to China.

ADVERTISEMENT

Business

ASML misses order expectations as CEO warns of economic uncertainty

ASML reported net bookings that significantly missed analysts’ expectations in the first quarter, although it maintained its guidance for 2025. CEO Christophe Fouquet highlighted uncertainties around the macro environment and downside risks to the company’s performance this year.

Economy

China’s first-quarter economic growth beats estimates as tariffs loom

China’s economy grew by 5.4% in the first quarter, surpassing analysts’ expectations. Other key economic data has also topped estimates, suggesting the stimulus measures have been effective in bolstering the world’s second-largest economy. However, its economic outlook remains uncertain.

Business

Trump launches probe into critical minerals as trade war escalates

US President Donald Trump has launched an investigation into critical minerals, signalling further tariffs in the natural resources sector. The move follows Beijing’s announcement of export restrictions on rare earths, marking an escalation in the trade war between the world’s two largest economies.

Economy

Trump the unifier? How Europe could benefit from Trump’s policies

Despite a strong likelihood of the eurozone being hit by a recession by mid-2025, a new report sheds light on how Trump’s policies could boost the bloc’s economic perspectives in the years to come.

Markets

US markets edge slightly higher as Trump's tariff volatility eases

Wall Street teetered toward small gains in relatively calm trading Tuesday morning after President Donald Trump appeared to let up on some of his tariffs and stress from within the US bond market eased.

Europe News

EU to US on tariffs: 'The ball's in your court'

After several hours of discussions with US trade representatives, 'it's over to you', the European Commission said on Tuesday.

Business

Which companies will be impacted by Trump’s semiconductor tariffs?

Companies such as Taiwan’s TSMC and South Korea’s Samsung Electronics may be particularly hit by upcoming US semiconductor tariffs.

Business

South Korea to boost chip industry support in face of Trump's tariffs

South Korea said on Tuesday it will expand its financial support package for its crucial semiconductor industry to 33 trillion won (about €22.43 million) as part of efforts to address uncertainties posed by the Trump administration’s tariff hikes.

Switzerland

UN trade agency urges US to exempt poorest nations from higher tariffs

UN report says 28 of the 57 nations targeted by the Trump administration's now-paused tariffs each account for less than 0.1% of the US trade deficit.

Economy

German economic sentiment drops to 21-month low as tariff fears linger

German and eurozone economic sentiment plunged in April to multi-year lows, as fears over US trade tariffs and rising global uncertainty weighed heavily on business expectations, particularly in export-driven sectors.

Economy

US moves ahead with tariffs - launching pharma and chip investigations

The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals.

Markets

European markets open higher on hopes of Trump tariff exemptions

European markets opened higher after US President Donald Trump hinted at potential auto tariff relief, despite the push ahead with probes into pharma products and semiconductors.

Economy

Trump considers pausing auto tariffs as world economy endures whiplash

President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.

World

Trump claims to have solved US inflation amid market turmoil

The US president's remarks follow a global surge in stocks on Monday after he eased some of his tariffs.

Markets

US markets: Tech stocks rise higher and investors watch earnings

The tech sector emerges as a champion in Monday morning trade as investors navigate the ever-changing tariff landscape and a myriad of earnings reports.

Culture news

Penguin ‘protest march’ against Trump’s tariffs coming this week

They won't let the tariffs slide... Non-profit Penguins International is making the most of unexpected attention from Trump's tariffs to organise a protest march - and to raise awareness on the penguin species becoming extinct. Flippers up!

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.