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USA

Trump threatens tariffs on countries against US control of Greenland

US President Donald Trump says he may implement tariffs on countries opposing Washington’s controlling of Greenland as he remains stern in his stance to take over the Arctic island by “any means necessary”.

Switzerland

Economic confrontation biggest global threat in 2026, WEF report says

Geoeconomic confrontation — ranging from sanctions to tariffs — is the top threat, found the World Economic Forum (WEF)'s Global Risks Report on the eve of its annual meeting gathering the world's business and political elites, set to take place in Davos next week.

Business

Year of the metals: Venezuela tensions send gold and silver soaring

Precious metals have been among the strongest performers this year, supported by geopolitical risk, expectations of looser monetary policy and global economic stability.

Economy

China hits EU with 42.7% tariff on dairy imports

Beijing will slap tariffs of up to 42.7% on EU dairy products, citing unfair subsidies and escalating a tit-for-tat trade dispute triggered by EU action on Chinese electric vehicles.

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Economy

China puts anti-dumping tariff of up to 18.9% on pork imports from EU

The final tariff rates that range from 4.9% to 19.8% are due to take effect on Wednesday and last for five years.

Europe News

EU approves temporary €3 fixed customs charge on low-value imports

From 1 July 2026, the EU will levy a charge on small parcels entering the bloc, with ecommerce platforms such as Temu and Shein expected to be most affected.

Economy

EU urges focus on domestic growth drivers but stays upbeat on eurozone

Resilient domestic demand is driving growth in the eurozone despite global economic headwinds.

Business

South Korean firms, including Samsung, lift domestic investment

South Korea's President Lee Jae Myung credited the business sector for helping his government negotiate a trade deal with Washington but urged the companies to maintain strong domestic investments.

Food and Drink

Spanish gastronomic stars rewarded for excellence in New York

Joselito hams and Sierra Cantabria wines have been rewarded in New York at the inaugural Gastronomic Excellence created by the Spain-United States Chamber of Commerce. Joselito, renowned for its vintage ham, has set its sights on becoming a staple in the huge US market.

Economy

Swiss watch stocks rally as Trump dangles relief from steep 39% tariff

The president’s late-Monday remarks lifted sentiment, with Switzerland’s top watch groups gaining as September exports to the US fell 55.6% year on year.

Business

Billions at stake: Chancellor Merz backs European patriotism for steel

If German steel production moves abroad, researchers warn this could result in a loss of up to €50 billion per year in value added.

Economy

Supreme Court ruling may push President Trump to new tariff strategy

Donald Trump warns the US could be left 'defenceless' if the Supreme Court overturns his global tariffs — but he still has multiple legal tools to keep taxing imports.

South Korea

Trump given golden crown in South Korea but trade deal remains elusive

It has been tricky to strike a deal with South Korea, with the sticking point being Trump's demand for $350 billion of direct investment in the US.

Brazil

Brazil's former President Jair Bolsonaro appeals his prison sentence

Bolsonaro was convicted of attempting a coup after losing the 2022 presidential race to Luiz Inácio Lula da Silva in a plot that prosecutors alleged included plans to kill Lula.

Economy

German exports to US slump to 4-year low as Trump tariffs bite

German exports to the US fell to a 4-year low in August, hit by Trump tariffs. Shipments to the country dropped 20% from a year earlier, marking the fifth straight month of decline.

Economy

'Time is running out' for Europe’s steel workers, sector tells the EU

Suffocated by Chinese overcapacities and US tariffs, the European steel industry says its very survival is at stake, urging the European Commission to introduce strong protective measures.

Economy

China's factory activity contracts again as trade tensions simmer

The manufacturing measures reflect sluggish domestic demand and uncertainties over trade tensions with the United States.

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

Trump to put import taxes on pharma, home furnishings, heavy trucks

While Trump did not provide a legal justification for the tariffs, he appeared to stretch the bounds of his role as commander-in-chief by stating on Truth Social that the taxes on imported kitchen cabinets and sofas were needed “for national security and other reasons".

Markets

Why investors are turning bullish on European markets again

European fund managers are turning more optimistic as trade tensions ease, inflation fears fade, and central banks start to cut interest rates. Despite US labour concerns, growth hopes remain firm, with investors favouring defensives and betting on a soft landing.

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.