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Economy

China imposes retaliatory 34% tariff on imports of all US goods

China's move comes in response to US tariffs, totalling 34% on Chinese goods, announced by Washington this week.

Economy

US hiring likely remained robust last month: But can it hold up?

New hiring data from the US, set to be released on Friday, will likely be positive. Even so, economists warn of risks ahead from tariffs, DOGE, and restrictions on migration.

Economy

Trump says tariff plan is 'going very well' despite fall in US markets

US President Donald Trump says his tariff plan is working despite market chaos, with the S&P 500 suffering its worst drop since the COVID-19 pandemic.

Europe News

EU adjusts strategy to hit back at US tariffs

Caught by the throat by new US tariffs, the EU is honing its response strategy, attempting to leave a path open to negotiation to avoid a full-blown trade war.

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Europe News

Did pharma sector dodge Trump’s tariffs? The EU's not so sure

The fear of a trade war over pharmaceuticals between the EU and the US has been avoided for now, but the European Commission remains on guard, considering further tariff deployments likely.

EuroVerify

Fact check: Are Donald Trump's tariffs on the EU really reciprocal?

Economists tell Euronews Trump's rates are not in any way based on the tariffs imposed by the US' trading partners and therefore cannot be considered an equal measure.

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.

Markets

Dow and S&P drop as Trump's tariffs spark trade chaos on Wall Street

Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the US stock market may be taking the worst of it.

World News

Inhabited by penguins: Trump's tariffs hit remote targets

US President Donald Trump's sweeping tariffs extend to some uninhabitated islands that have no trade and are home only to wildlife.

Economy

Here's why President Trump's tariffs could benefit European consumers

President Donald Trump’s announcement of sweeping reciprocal tariffs, which were far steeper than many had anticipated, has sparked a global outcry. What do they mean for European consumers?

Europe News

Trump targets EU law, but it's not up for negotiation, says lead MEP

The chair of the European Parliament's trade committee said the American President has European legislation in his sights more than tariffs imposed by Europeans. The MEP is clear: European law is non-negotiable.

Business

Trump unveils minimum 10% tariff on imports to US and 20% on the EU

US President Donald Trump announced the long-awaited “Liberation Day” reciprocal tariffs at the White House Rose Garden. Global markets shifted into “risk-off” mode, with US stock futures tumbling sharply and gold surging to a new high.

Economy

French government set to lower growth target as Trump tariffs loom

The state’s revised forecast will be in line with predictions from the Bank of France, according to work minister Astrid Panosyan-Bouvet.

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.

Europe News

Europeans overwhelmingly endorse retaliatory tariffs, poll finds

While aware of the economic impact of US tariffs on EU goods, a YouGov study finds that a vast majority of European citizens support retaliatory measures in the escalating trade dispute between Brussels and Washington.

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.

Business

Ferrari raises prices for some models in response to Trump’s tariffs

Ferrari announced that it would increase prices for certain models up to 10% in response to Trump’s 25% auto tariffs on European car imports. The company added that its 2025 profit margins face a potential 50 basis-point reduction risk.

Radio Schuman

US tariffs and EU countermeasures may disrupt global value chains

US tariffs and the EU's countermeasures would result in economic disruption ripping apart global value chains, the director of European auto trade group ACEA tells Radio Schuman on Friday

Markets

Trump’s car tariff rattles markets: Industry leaders, analysts react

Trump’s 25% tariff on auto imports jolts equity markets and draws backlash, with European industry groups warning of supply chain shocks, rising prices, and job risks while analysts flag earnings pressure.