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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.

Brussels, My Love?

Brussels, my love? 2024 was the warmest year on record

In this edition, we hear how climate scientists are freaking out about record-breaking temperatures.

Economy

Markets rebound as Trump signals cutting China tariffs 'substantially'

Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.

Economy

China vows retaliation against countries supporting US trade isolation

Beijing has vowed to retaliate if other countries strike trade deals with the United States at the expense of China’s interests, in response to news that the Trump administration is pressuring trading partners to isolate China in negotiations.

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Business

Trump launches probe into critical minerals as trade war escalates

US President Donald Trump has launched an investigation into critical minerals, signalling further tariffs in the natural resources sector. The move follows Beijing’s announcement of export restrictions on rare earths, marking an escalation in the trade war between the world’s two largest economies.

Economy

China's exports jump 12.4% as imports fall under Trump-era tariffs

China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in US tariffs imposed by President Donald Trump, the government said on Monday.

Europe News

EU-Ukraine trade talks enter crucial phase on agriculture

The EU executive is leaning toward reinstating quotas in the next trade framework with Ukraine, while Kyiv is pushing to maintain the current regime. With time running out, both sides are under pressure to reach a deal.

Economy

What to know about President Donald Trump's vast array of tariffs

President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the US.

Economy

Europe braces for Trump’s tariffs: What could the economic damage be?

Trump’s tariffs on EU goods could slash exports by at least €85 billion, hitting autos and pharmaceuticals hardest. Germany, Denmark and Central Europe face sharp fallout, raising recession risks and forcing the ECB to consider rate cuts.

Economy

Japan's prime minister says he will push for US auto tariffs exemption

The tariffs proposed by the Trump administration would be a blow to major Japanese carmakers like Honda and Toyota.

Business

Why Trump's trade wars are threatening already vulnerable brewers

US craft brewers, already contending with a slump in sales, are set to be impacted by President Trump's trade tariffs.

Economy

Direct impact of US tariffs on EBRD economies to remain limited

As US President Donald Trump continues to shake up the global trading order, EBRD nations aren’t likely to feel the brunt of the disruption. Even so, diminished growth in other countries is set to have ripple effects.

Radio Schuman

Has the EU-US trade war already started? - Radio Schuman

The EU has retaliated after being hit hard by the US tariffs. But with US president Donald Trump’s threats to slap more tariffs, the bloc could step up the fight with its anti-coercion instrument, a tool that was put in place in 2023.

Economy

Trump vows to respond to EU retaliatory tariffs as trade war escalates

US President Donald Trump said he would respond to the European Union’s retaliatory tariffs against his 25% import levies on steel and aluminum.

Europe News

EU secures digital deal with South Korea amid push to strengthen trade alliances

This move between the EU and the East Asian country comes as the bloc seeks to forge closer ties with allies. The agreement is expected to boost online trade between the partners, though critics warn it could pave the way for threats to personal data.

Economy

“It’s a very tricky path”: What Trump could mean for the Irish economy

The EU is currently walking a diplomatic tightrope, seeking to avoid a trade war with the United States. With an economy that’s highly export-orientated, Ireland could be hard hit.

Europe News

EU to Trump: don't look at tariffs, look at inequality

The new US administration has sent jitters across the world with trade plans that could severely damage the EU.

Europe News

EU plans to shield farmers from free trade deal with South America

The European Commission has proposed financial support for farmers negatively impacted by the EU-Mercosur trade agreement – but the safety net would only be triggered in the ‘worst-case scenario’ and the EU executive says it won’t be needed.

Europe News

Can EU trade strategy counter the Trump tariff challenges?

As the Commission struggles to find new outlets for its exports, the question of whether this will be enough in the face of the tariffs Donald Trump is threatening to impose remains open.

Business

Trade tariffs could cause spike in IKEA prices, says retailer in Davos

The comments from the CEO of IKEA's largest franchisee come as businesses brace for higher trade levies under a Trump presidency.