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Trump's tariffs threaten to be tough nut to crack in German workshop

Alongside classic fare such as a variety of Santas, Scrooge and the Mad Hatter, specifically American-themed collectibles are a staple at Steinbach Volkskunst.

Economy

US retail sales surge as consumers rush to beat tariff deadlines

The rise in sales was largely driven by car purchases as consumers sought to get ahead of tariffs.

Europe News

EU to US on tariffs: 'The ball's in your court'

After several hours of discussions with US trade representatives, 'it's over to you', the European Commission said on Tuesday.

Markets

US markets: Tech stocks rise higher and investors watch earnings

The tech sector emerges as a champion in Monday morning trade as investors navigate the ever-changing tariff landscape and a myriad of earnings reports.

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Europe News

Can the EU really ramp up imports of US energy as Trump demands?

Amid the chaotic lunges, feints and ripostes of his incipient trade war, Donald Trump has refloated the idea that Europe could close its trade deficit with the US by dramatically increasing imports of US energy.

Culture news

The real ‘Wolf Of Wall Street’ gives Donald Trump his backing

“An insider trading scandal is brewing,” according to Trump's opponents, suspicious over a message the president sent before the stock market surged when he paused tariffs. Now, Jordan Belfort has given the president his full backing.

Europe News

EU Trade Commissioner to travel to the US on Monday for trade talks

EU Trade Commissioner Maroš Šefčovič will travel to the US on Monday for high-level meetings with counterparts, the Commission confirmed on Friday.

Europe News

Von der Leyen ready to hit tech and services in US-EU trade war

The president of the European Commission has indicated in an interview that she is ready to use the anti-coercion tool that would allow the EU to hit US services hard.

Europe News

Hawks v doves: How EU member states are facing off amid US trade war

During the 90-day pause in transatlantic trade tensions, the EU is aiming to refine its strategy for addressing US tariffs, while hoping to enter into negotiations with Washington. However, the bloc remains divided between hawks and doves on how best to proceed.

Europe News

Trump's wrong, European food's safer than American: EU safety chief

EU food standards are among the strictest in the world thanks to rigorous inspections and enforcement, says EU food safety agency director Bernhard Url, dismissing Donald Trump’s recent claims.

USA

White House says tariff rate on most Chinese imports is now 145%

Speaking at a cabinet meeting, the US president defended his tariff policies, saying the US is in “very good shape”.

Europe News

Spain aims for closer ties with China amid US tariffs uncertainty

Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'

Economy

China looks for allies as Trump targets Beijing — imposing 125% tariff

The White House has paused most of its 'reciprocal' levies for 90 days, although Trump has singled out China by raising its tariff rate to 125%.

Markets

European markets eye historic rally following Trump’s tariff pause

European markets soared after Trump paused tariffs for nations that didn’t retaliate. Investors welcomed the easing trade stance, with major indices across the continent posting their strongest performance in years.

Europe News

EU member states agree first wave of retaliatory tariffs

After several weeks of consultations between member states, EU Commission and industries, the EU adopted retaliatory measures on Wednesday against US tariffs on EU steel and aluminium.

USA

Donald Trump to slap 104% tariffs on Chinese imports

China vowed to 'fight to the end' while stepping in to stabilise its stock markets following a sharp plunge.

Europe News

Von der Leyen talks trade disruption with China amid tariff barrage

Amid escalating trade war with the US, the EU reached out to China on Tuesday in a telephone exchange between Ursula von der Leyen and Chinese Premier Li Qiang.

Economy

Turkey sees opportunity as Trump's tariffs upset global trading order

Business figures and economists in Turkey have begun to glimpse a silver lining to the economic storm clouds.

Europe News

EU trade ministers near agreement on retaliatory tariff first round

Trade ministers meeting in Luxembourg on Monday neared agreement on a list of US goods to target in response to the recent US decision to impose tariffs on steel and aluminium.

Economy

Who’s getting hit by Trump's tariffs? Breaking down ‘Liberation Day’

Trump’s ‘Liberation Day’ tariffs dropped last week — here’s how they were determined, what they mean, and what’s next.