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Economy
German economic sentiment rebounds in May as tariff fears ease
Germany’s economic sentiment rebounded to 25.2 in May, surpassing forecasts amid easing trade tensions and political stability. Eurozone sentiment also improved. Despite weak current conditions, optimism grows across key sectors.
Europe News
'It's extremely encouraging,' Eurogroup president says on US-China trade rollback
Eurogroup President and Irish Finance Minister Paschal Donohoe welcomed the move of the United States and China agreeing to drastically roll back tariffs for 90 days. In an exclusive interview with Euronews, he called it a promising development for EU–US relations.
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Markets
Investors wary as Trump says China removing non-tariff trade barriers
Trump stated that China had agreed to remove non-tariff trade barriers, likely referring to the country’s rare earth export controls imposed on the US in April. The market rally appears to be pausing, as investors await further details of the US-China trade agreement.
Culture news
Hungarian filmmakers in the shadow of Trump's tariff threat
The damage to the Hungarian film industry could be huge if Donald Trump follows through on his threat to impose tariffs on foreign-made films, but no one knows how this would work practically, so film industry experts are patiently holding their breath.
Europe News
Swiss president hopes 'Holy Spirit' will guide US-China tariff talks
The Swiss government said its talks with Bessent and US Trade Representative Jamieson Greer were “convivial and constructive” and were aimed to lay out the guidelines for a deal on the issue of customs duties to be discussed again in coming weeks.
Economy
Euroviews. Is this the end of US exceptionalism and start of European rebirth?
Say hello to the multipolar world in which China is rapidly becoming a pole of economic and military power. Meanwhile, the old continent is struggling to speak with one voice and remain relevant, Philippe Gijsels writes.
Europe News
EU prepares for trade retaliation if negotiation with US fails
The European Commission presented on Thursday new countermeasures which could hit €95 billions of US products if negotiations to end the trade dispute fail. Boeing, alcohol such as Bourbon whiskey and agrifood products could be hit.
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