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Economy

Trump administration expected to announce trade deal with the UK

US President Donald Trump said on Wednesday that a trade deal with a "highly respected" country was imminent. The UK government confirmed on Thursday morning that the nations will make an announcement later in the day.

World News

US free market think tank slams Trump tariffs with trade index

The US ranks mid-table in trade openness but would plummet to bottom if US President Donald Trump's proposed high tariffs and trade rollbacks became permanent.

Economy

US imports hit record high as businesses seek to avoid tariffs

The surge in US imports was mainly driven by consumer goods such as pharmaceuticals, as businesses attempt to stockpile in order to avoid further tariffs.

Business

BMW Group profits plunge but outlook maintained despite tariff impact

The German carmaker reported earnings below the previous year’s level but confirmed its financial targets for this year, and said it expects some of the US trade tariff increases to be temporary.

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Culture news

Is Trump already softening his plans for 100% movie tariffs?

“I’m not looking to hurt the industry," says Trump. "So we’re going to meet with the industry. I want to make sure they’re happy with it because we’re all about jobs.” In the meantime, confusion reigns and actor Jon Voight seems to have some responsibility for this newest set of damaging tariffs.

Economy

China launches measures to boost economy while planning US trade talks

At the moment, US tariffs against China are up to 145%, whereas China has imposed levies of up to 125% on imports from the US.

Radio Schuman

Trump's movie tariffs throw European film industry into turmoil

US President Donald Trump threatened to impose 100% tariffs on non-US films. Is the EU movie industry the latest political pawn in the EU-US trade war?

Business

Ferrari starts year with racing profit but warns of tariff impact

Luxury carmaker Ferrari reported a jump in its profits for the first three months of 2025, driven mostly by strong demand for personalised vehicles.

Europe News

EU sends top officials to Washington for tariff talks

A high-level meeting is under way in Washington on Tuesday and Wednesday as the EU and US attempt to escape a full-blown transatlantic trade war.

Business

Ford expects a €1.39bn hit from Donald Trump’s tariffs in 2025

The US-based company is one of the least affected carmakers hit by US trade tariffs, yet it pulled back its entire forecast for the year, citing uncertainty and potential supply chain disruptions.

Economy

Is Trump’s agenda weakening the dollar and shifting power to the euro?

Controversial policies from the Trump administration are pushing investors to flee US assets. But another currency will struggle to take the dollar’s throne.

Europe News

Film industry fears being swept into EU-US tariff war

Europe’s film industry is worried that hard-won legislation mandating European content quotas for streaming platforms could be put at risk amid ongoing transatlantic trade discussions, following US President Donald Trump's threat to impose tariffs on movies produced outside the US.

Economy

Will the Federal Reserve ignore Trump and keep rates stable this week?

While the US Federal Reserve is still under significant pressure from the Trump administration to slash interest rates, some experts believe that rate cuts may not come for another few months at least.

Cinema

Does Trump have the authority to impose 100% movie tariffs?

Donald Trump has said he will target films made outside of the US as part of his ongoing tariff war. He posted that Hollywood and other areas are "being devastated" due to "a concerted effort by other Nations," which constitutes a "National Security threat."

Radio Schuman

Trade negotiations between the EU and the US: Where do we stand?

One month into the 90-day pause on reciprocal tariffs, can the EU and the US find common ground? And what happens if they don’t strike any deal?

Economy

Donald Trump pledges to slap 100% tariff on films made abroad

US President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the US.

Economy

No formal trade promises have been made to the US, EU says

The European Commission says it is looking at ways to potentially reduce its trade surplus with the US, although stresses that no formal offer has been made.

Tech News

US robot makers fear Trump tariffs may impact humanoid race with China

Elon Musk warned investors last week that China's countermeasures restricting shipments of rare earth magnets will delay Tesla's development of its Optimus humanoid robots.

Economy

China evaluating US offers for trade talks but tariff obstacle remains

China’s Commerce Ministry said on Friday that Beijing is evaluating multiple approaches by the Trump administration for trade talks.

Business

Amazon posts robust sales and profit beat but outlook clouded

Amazon posted higher first-quarter profit and sales that beat analysts' projections, underscoring the online behemoth's hold on shoppers looking for low prices and a wide selection in an uncertain economy.

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.