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Economy

Trump doubles US tariffs on steel and aluminium imports to 50%

The UK is the only nation exempt from the tariff increase after it struck a deal with the US early last month.

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

US economy falls 0.2% in the first quarter, hit by Trump's trade war

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes.

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.

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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.

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.

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

China cuts key lending rates to record lows to counter US tariffs hit

China’s central bank has cut its key lending rates to record lows to bolster the economy and cushion the impact of escalating trade tensions with the United States. The move follows a sweeping stimulus package announced earlier this month.

Economy

How much will Trump’s tariffs drag on the EU economy in 2025?

The European Commission cut back its growth forecasts for this year and the next on Monday, due to the impact of US President Donald Trump’s tariff policies.

Economy

China's economy slows in April as trade war blues hit retail sales

China’s economy showed signs of slowing in April as President Donald Trump's trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast.

Economy

Trump suggests India offered to drop tariffs to zero on US goods

The US President's words were not immediately acknowledged by New Delhi.

Economy

US and China announce substantial reductions in tariffs for 90 days

The US and China agreed to lower tariffs for 90 days on Monday, as the world’s two biggest economies attempt to cool an escalating trade war.

Markets

Stocks jump, gold tumbles as US and China trade talks progress

An agreement from the US and China to reduce tariffs for 90 days has boosted European markets after global indexes rallied hours earlier on hopes of a breakthrough.

Economy

China's exports to the US sink but beat forecasts as tariffs bite

The data, which arrives just ahead of tariff talks between Washington and Beijing, shows a diversion of Chinese goods away from the United States.

Economy

UK, US secure trade deal with changes for auto and agricultural goods

Donald Trump and Keir Starmer emphasised the strong relationship between their two countries, bonded by shared values, culture and a common language.

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.

United Kingdom

UK and India agree 'landmark' trade deal after years of talks

The announcement on Tuesday comes three years after the countries entered into discussions about a free trade agreement.

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?