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Markets

European stocks spiral after China hits back against Trump’s tariffs

Concerns about an escalating trade war between the US and China still remain after the latter retaliated against steep US tariffs.

Europe News

Trump's wrong, European food's safer than American: EU safety chief

EU food standards are among the strictest in the world thanks to rigorous inspections and enforcement, says EU food safety agency director Bernhard Url, dismissing Donald Trump’s recent claims.

Business

How Trump’s tariffs could impact upcoming big US bank earnings

The US earnings season begins on Friday, with major banks reporting their first-quarter results before the market opens. Despite expectations for solid quarterly performances, analysts anticipate conservative guidance due to tariff-related uncertainties.

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.

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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.

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.'

Business

BMW’s China sales drop to lowest level in five years at start of 2025

The German carmaker announced a global sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead.

Markets

US stock markets drop as investors consider trade impact with China

Although US president Donald Trump paused tariffs for 90 days, US stocks were still jittery as investors weighed the possible impact of the trade battle with China.

Economy

Germany’s economy expected to stagnate as Trump's tariffs hit

US tariffs, especially on metals such as steel and aluminium, could particularly impact Germany's economic growth this year.

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

China looks for allies as Trump targets Beijing — imposing 125% tariff

The White House has paused most of its 'reciprocal' levies for 90 days, although Trump has singled out China by raising its tariff rate to 125%.

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.

Markets

European markets eye historic rally following Trump’s tariff pause

European markets soared after Trump paused tariffs for nations that didn’t retaliate. Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.

Markets

European stock markets jump as Trump flip-flops on tariff plans

European markets jumped following Wall Street’s historic rally and gains in Asian trading. However, analysts question the sustainability of the rebound due to President Trump’s unpredictable tariff policy shifts.

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.'

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.