ADVERTISEMENT
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.
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.
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.
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.
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.
