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Economy

China accuses US of violating trade truce and vows firm retaliation

Beijing’s remarks came after US President Donald Trump said on Friday that China had “totally violated” the agreement.

USA

EU 'strongly regrets' Trump's 50% steel and aluminium tariff hike

During a rally at a steel plant the US president announced that he will double tariffs on steel imports. Afterwards, he announced the same for aluminium. The measure, which would hit Europe hard, is supposed to come into force on 4 June.

Business

Volkswagen in direct talks with US government regarding tariff deal

German carmakers such as Mercedes-Benz and BMW are also reportedly trying to negotiate tariffs directly with the US Secretary of Commerce, Howard Lutnick.

Markets

European stocks rise as Trump tariffs are temporarily reinstated

European markets were higher on Friday after an appeals court agreed to pause a trade court ruling that had blocked the enforcement of US President Donald Trump's sweeping trade levies.

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Economy

What happens to Trump’s tariffs now a court has knocked them down?

The court’s decision blocks the tariffs Trump imposed last month on almost all US trading partners and levies he imposed before that on China, Mexico and Canada.

Economy

Markets jump after court rules against Donald Trump's sweeping tariffs

Asian shares have advanced and US futures jumped after a federal court blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

USA

US federal court blocks Trump from imposing sweeping global tariffs

The New York-based US Court of International Trade delivered the ruling dealing a crucial blow to President Trump’s signature set of economic policies which have rattled global markets, frustrated trade partners and raised fears of growing inflation.

Business

European companies cut costs and scale back investments in China

European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released on Wednesday.

Markets

Germany's DAX hits a new high as Trump upbeat on US-EU trade talks

Germany’s DAX hit a fresh record amid easing trade tensions between the US and the EU, with defence and banking stocks leading the gains. Meanwhile, President Donald Trump expressed optimism about the progress of trade talks.

Europe News

EU tariff offer still on the table, says EU Commission

Despite pressure over the weekend from the US, the EU said its offer on tariffs remains in play.

Economy

What EU exports could be hit hardest by Trump’s 50% tariff threat?

Key sectors, including chemicals, machinery and vehicles, could be the hardest hit by the US President’s threat of imposing 50% tariffs on EU goods.

Markets

European markets open higher as Trump delays 50% tariffs on the EU

Stock futures surged after US President Donald Trump agreed to postpone the planned 50% tariffs on the European Union, but the US dollar remained under pressure amid waning investor confidence in US assets, pushing the euro to a one-month high.

Europe News

Half time in EU/US trade bout - what's the score 45 days in?

Half way through the truce proposed by US president Donald Trump, US/EU negotiations have reached an impasse.

Europe News

EU's €2 handling charge for cheap imports to snare Chinese products

Trade Commissioner Maroš Šefčovič announced a fee to counterbalance the cost safety checks for products coming from China – and hopefully curbing numbers of packages sent to Europe.

Economy

EU urges 'respect' after Trump threatens 50% tariffs

The EU's Commissioner for Trade and Economic Security Maros Sefcovic said the bloc is committed to securing a trade deal that "works for both" and that is based on "respect, not threats" after US President Trump threatened a 50% tax on all imports from the European Union.

Business

Japan's Prime Minister urges Trump to choose investment over tariffs

Japan's Prime Minister Shigeru Ishiba said on Friday that he held telephone talks with US President Donald Trump and agreed to hold “productive" discussions at an upcoming tariff talks between the two sides.

Economy

OECD growth slows abruptly to 0.1% in the first three months of 2025

The overall GDP growth of the 38 countries of the OECD, providing more than 40% of the global economy, slowed down substantially in the first quarter of 2025.

Europe News

EU/US aircraft trade war imminent, key lawmaker warns

The inclusion of Boeing in the Commission’s draft retaliation proposal has raised concerns among some member states over potential countermeasures from Washington targeting Airbus, according to MEP Bernd Lange, chair of the trade committee at the European Parliament.

Europe News

Šefčovič: EU standards on food are 'not up for negotiation'

In an interview with Euronews, Maroš Šefčovič has called for a fair and balanced deal with the United States amid a framework of tariff negotiations.

Economy

Japan shipments to US decline as trade tariffs slow export growth

The world's fourth-largest economy is one of the hardest hit by the US administration's elevated trade tariffs on cars, resulting in Japanese exports slowing in April.

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