Economy What could trade tariff threats really cost the European economy? Uncertainty around trade will have a major impact on global growth, reducing business investment in the EU and the UK by 2% this year, Oxford Economics finds. 21/03/2025
Economy Bank of England expected to pause rate cuts despite contracting output Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn. 18/03/2025
Economy OECD trims eurozone growth outlook as global trade tensions bite The OECD has lowered its eurozone GDP growth forecast to 1.0% for 2025, down from 1.3% in December, citing weak investment and rising geopolitical risks. Global growth is also revised down to 3.1% as trade disruptions weigh on sentiment. 17/03/2025
Europe News Canada's PM Carney visits Paris and London to rally European allies After first visiting France, Carney will head to the UK where he will speak to Prime Minister Keir Starmer and King Charles III, who is Canada’s head of state. 17/03/2025
Europe News France's champagne industry in the crosshairs of the US-EU trade war President Trump’s 200% tit-for-tat tariff threat on EU alcohol is causing panic in France's already weakened champagne industry. 15/03/2025
Brussels, My Love? Brussels, my love? Europe's defense against Trump and Putin In this edition of our weekly talk show, our panel discusses efforts to ramp-up European defense, the escalating trade war with Trump's America and efforts of the European Union to strengthen women's rights. 15/03/2025
Canada Mark Carney sworn in as Canada's new PM as country faces US trade war The governing Liberal Party appeared to be poised for a historic election defeat this year until US President Donald Trump declared an economic war and threatened to annex the country as a "51st state". 14/03/2025
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. 14/03/2025
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. 14/03/2025
Europe News Trump proposes 200% tariff on EU alcohol imports in trade escalation The move comes in response to an EU tariff on US whiskey imports. 13/03/2025
Canada Canada announces tariffs in response to US ones Canada's new tariffs are in addition to its 25% counter tariffs on $30 billion Canadian of imports from the US that were put in place on 4 March in response to other Trump import taxes that he’s partially delayed by a month. 12/03/2025
Economy US stocks rally as inflation cools and euro holds four-month highs US stocks rallied as February’s inflation data came in lower than expected, boosting hopes for Federal Reserve rate cuts later this year. The S&P 500 gained 0.7%, while the Nasdaq 100 jumped 1.5%. Meanwhile, the euro held at a four-month high. 12/03/2025
Europe News Trump's trade war: What could be the impact on France's economy? French industries, including drinks such as wines and spirits, and pharmaceuticals, are the most at risk if the US president enacts the tariffs. 12/03/2025
USA Trump plans to double tariffs on Canadian steel and aluminium to 50% US President Donald Trump faces increased pressure to stimulate economic growth after a brutal market selloff on Monday indicated rising recession risks. 11/03/2025
Economy Japan's trade minister fails to win US assurance on tariff exemptions New 25% tariffs on steel and aluminium imports into the United States are set to take effect on Wednesday. 11/03/2025
Economy Mexicans celebrate with President Sheinbaum after US tariff delay Sheinbaum has seen a bump in popularity as she seeks to protect Mexico against US tariffs. The economic effects of a trade war could nonetheless dent her ratings further down the line. 10/03/2025
USA Trump backtracks and postpones Canada and Mexico tariffs for a month The US president signed new executive orders on Thursday postponing 25% tariffs on many imports from Mexico and some from Canada for a month. 07/03/2025
Europe News China slams US tariffs: 'There are no winners in a trade war' Chinese Foreign Ministry spokesperson Lin Jian denounced US Defence Secretary Pete Hegseth’s statement that the US is “prepared” to go to war with China following Beijing’s warning over escalating trade tensions. 06/03/2025
Economy Trump temporarily suspends tariffs on Mexico and Canada’s carmakers US President Donald Trump is exempting the automakers from 25% tariffs for one month after negotiating with major industrial leaders. Auto stocks rose following the news. 06/03/2025
Markets Gold prices are high - but here’s why investors are still flocking Looming trade wars, along with increasing global debt, are driving investors to the precious metal. 06/03/2025