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Economy

New US tariffs target EU among 60 economies over forced labour imports

The EU and UK are among the economies targeted by a new US tariff proposal linked to forced labour imports, potentially reopening trade tensions just weeks after Brussels reached a deal with Washington.

Europe in Motion

How could Iran's threatened internet cable tariffs affect Europe?

The move could raise connectivity costs and create greater digital vulnerability for Europe, but some experts argue that the continent has enough backup bandwidth to survive without access to the cables in the Strait of Hormuz.

Europe News

EU finance ministers urge caution amid Trump tariff threats

EU finance ministers meeting in Brussels on Monday and Tuesday sought to downplay US president Donald Trump’s fresh tariff threats. Some viewed his announcement as yet another post on social media by the US President.

Business

New Gulf-Asia trade corridor in UAE-South Korea agreement

The UAE signed a landmark trade deal with South Korea, the day after it left OPEC, while Qatar is also engaging with Seoul for its own trade agreement. The Gulf states are paving a structural trade corridor with Asia.

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Europe News

Trump says he will raise US tariffs on EU cars and trucks to 25%

Trump and European Commission President Ursula von der Leyen agreed to the trade deal last July which set a 15% tariff on most goods.

Europe News

EU strikes political deal on customs reform

The new customs reform is designed to adapt the bloc to rising trade volumes amid US-related uncertainties and new trade deals with South America and Australia.

Economy

Democrats say Trump tariffs could cost US households more than $2,500

Congressional Democrats warn new tariffs could raise household costs as the administration moves to replace revenue lost after a Supreme Court ruling.

Europe News

Commission denies unfair trade practices as US opens new probe

The European Commission dismissed new US trade investigations as unjustified, as uncertainty keeps growing over the EU–US trade deal struck in the summer of 2025.

No Comment

Merz tours Forbidden City during key China trade discussions

German Chancellor Friedrich Merz continued his first official visit to China with a tour of Beijing’s Forbidden City, as Berlin pushes for a more balanced trade relationship amid growing economic tensions.

World News

Italy calls for restraint as EU puts US tariff deal on ice

Rome warned against a trade clash and urged continuity, with Foreign Minister Antonio Tajani stressing the need to protect export-heavy Italy.

World News

EU demands Trump to deliver on trade pledges after tariffs blocked

The European Commission demanded the US honor its trade commitments after the Supreme Court struck down some of Trump's tariffs. A top EU lawmaker has since moved to pause ratification of last year's EU-US trade deal.

Economy

Russia's oil revenues dwindle as sanctions bite, hitting economy

The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.

Business

Trump cuts India tariffs as Modi 'agrees' to stop buying Russian oil

Trump said that India would also start to reduce its import taxes on US goods to zero and buy $500 billion worth of American products. Trump has long had a warm relationship with Modi, only to find it complicated recently by Russia's war in Ukraine and trade disputes.

Economy

Cheap Chinese exports flood Latin America, battering local industry

China is flooding Latin America with low-priced exports as US tariffs bite, squeezing local industries and forcing governments to weigh protectionism against Beijing’s growing influence.

Economy

EU–India free trade deal explained: Why it matters for growth and jobs

The pact slashes tariffs, opens up services and agriculture, and marks the largest trade agreement either side has ever signed.

Economy

Trump threatens Canada with 100% tariff if China deal goes ahead

In his latest social media outburst, US President Donald Trump escalated an intensifying feud with Canada's Mark Carney.

World News

Watch: Will your industry be affected by Trump's tariffs?

From February, eight European nations may face a 10% US tariff on all goods and services. Tariffs mean less trade. Less trade means fewer jobs. And yes, that includes yours. Let us take a look.

Europe News

US talk on Greenland 'incomprehensible' and 'hostile', Belgian FM says

US President Donald Trump's plans to take control of Greenland are "incomprehensible and unnecessarily hostile", Belgian Foreign Minister Maxime Prévot told Euronews. His comments come amid an ongoing scramble among European leaders to devise a response.

Economy

German economic sentiment climbs to 4-year high, defying Trump tariffs

Germany’s economic confidence jumped to a four-year high in January. ZEW data show stronger optimism in export sectors, though markets remain cautious amid rising trade risks.

Greenland

European leaders: Trump's Greenland threat risks 'dangerous spiral'

Italian PM Giorgia Meloni called US tariff threats over Greenland a "mistake", adding that she has spoken with US President Trump on the telephone.