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Economy

President Trump says he’ll set unilateral tariff rates within weeks

The president said that he would set country-specific rates in less than two weeks — after reaching a tariff deal with China.

Economy

US inflation rose slightly last month as grocery prices ticked higher

Inflation remains stubbornly above the Federal Reserve’s 2% target, which makes it less likely that the central bank will cut its key short-term interest rate.

World News

Court rules to keep Trump tariffs active during appeals procedure

The federal appeals court noted that concerns regarding Trump’s tariffs constitute a major issue and have expedited proceedings to begin hearings from 31 July.

Europe News

Pork, EVs, and diplomatic reset: EU-China trade fight heats up

A new wave of trade tensions is unfolding between the European Union and China, just weeks ahead of a pivotal summit in Beijing set for mid-July 2025.

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Brussels, My Love?

Brussels, my love? Poles choose 'ordinary man' for President

In this week’s edition of Euronews’ political talk show Brussels, My Love?, we tackle three major stories rattling Europe: escalating US-EU trade tensions, Poland’s sharp political shift, and a multilingualism debate that has put Pedro Sánchez in a hoop.

Business

Procter & Gamble to cut 7,000 jobs as tariff pressure hits

Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the economy.

Markets

European steel stocks rebound as Trump doubles steel tariffs to 50%

The share prices of European steel companies, including Thyssenkrupp and ArcelorMittal, all rose on Wednesday morning.

Economy

OECD outlook: Can the global economy survive trade pressures in 2025?

The OECD forecasts a continued slowdown in global economic growth this year, driven by persistent trade tensions — such as US tariffs — and stubbornly high inflation.

Europe News

EU trade chief to meet US counterpart in Paris amid tariff tensions

Despite rising tensions, the Commission still hopes to restart negotiations with the US over customs duties.

Markets

European markets lower as investors eye US-China trade developments

European markets were lower on Monday afternoon as investors monitored updates on US-China tariff developments.

Europe News

Chances of solving US-EU trade dispute over tariffs slim, expert says

After the US president announced he would raise tariffs on aluminium and steel from 25% to 50%, a deal between the EU and the US is unlikely to be reached within the 90-day period set by Trump, according to Ignacio García Bercero, a former senior EU official and expert at the Bruegel think tank.

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.

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.

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.