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Economy

Germany's Bundesbank warns of economic stagnation as trade war looms

The fortune of the eurozone’s largest economy is gloomy, especially with President-elect Donald Trump returning to the White House.

Europe News

French trade minister flags defensive trade tools for Trump presidency

As the 27 trade ministers gathered for the first time since Donald Trump's re-election, the use of defensive trade tools against the US could be an option in case of Trump's aggressive trade policy, according to French minister Sophie Primas.

Economy

How a Trump win could result in a billion euro trade war for Germany

An escalating trade war, which may occur if Donald Trump is re-elected for a second term as the US president, could mean a loss of billions for Germany’s economy, according to a report.

Europe News

Cognac makers say they are being 'sacrificed' amid EU-China trade war

French brandy is at the heart of a commercial dispute between Beijing and Brussels over Chinese electric vehicles (EVs).

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EuroVerify

Would Donald Trump’s trade tariffs hurt Europe?

The EU is increasingly reliant on the US export market, making it vulnerable to the potential shocks of Trump’s trade policy.

Economy

China's anti-trust tariffs over brandy come under fire

The European Commission says it will 'robustly' challenge China's decision to impose provisional antidumping measures on imports of brandy from the EU.

Business

China goes for the slow burn with anti-dumping brandy levy for Europe

China is imposing more restrictions for Europe with its anti-dumping measures for imports of European brandy. This is particularly hard hitting for brands such as Hennessy and Rémy Martin.

Business

Volvo ditches plans to make only electric vehicles by 2030

Volvo Cars has abandoned its plan to become a fully electric car manufacturer by 2030 due to weakening consumer demand for pure electric vehicles. This shift marks the latest change among major car manufacturers.

Europe News

China to probe EU dairy products as anti-subsidy spat escalates

The tit-for-tat anti-subsidy probe is seen as a response to the EU's tariffs on imported electric vehicles.

Business

China appeals to World Trade Organisation over EU tariffs on EVs

The European Commission says that tariffs are necessary to protect EU firms against unfair competition. China says its EV industry has flourished naturally.

Business

EU member states set to back tariffs on Chinese EVs, says trade chief

Tariffs could come into force in November after a vote in late October.

Business

Volkswagen hits back at EU tariffs on Chinese electric vehicles

German auto manufacturers such as Volkswagen and BMW have increasingly warned about the potential adverse effects of EU tariffs on the European auto industry’s competitiveness down the line, as well as their own operations in China.

Business

Germany halts the planned sale of VW's gas turbine business to China

This move, although made to protect Germany and the EU’s sensitive technology, has also raised concerns about Germany’s competitiveness in the international market.

Economy

EU and China agree to negotiate on tariffs as EV row rumbles on

Officials from both sides finally agree to hold consultations, signalling progress could be made on finding a way to end the subsidy spat.

Business

China hits back at EU tariff hike on electric vehicles

Now that Europe has announced tariffs on China-made electric cars, the continent is bracing to see if the other shoe drops.

Economy

EU hit as China launches tit-for-tat anti-dumping probe

Thermoplastics coming from the US, the EU, Taiwan and Japan are sold at prices below fair market value, says Beijing.

Economy

Scholz’s visit to China: Balancing distance and diplomacy

The German leader wrapped up a three-day visit to China this week, and trade was high on the agenda. Can the EU afford to be protectionist - and is cooperation on the cards?

Business

China chips away at use of Intel and AMD units in government computers

The step comes as Beijing adopts new rules to replace foreign technology with its own.

Economy

Trading with friends and enemies: The threat of global fragmentation

Euronews sits down with Gita Gopinath, the first deputy managing director of the International Monetary Fund, to talk trade wars, net zero, and national security.

USA

US and EU show unity in face of Israel-Hamas, Russia-Ukraine conflicts

President Joe Biden welcomed European Union leaders at a moment when domestic US political chaos risks further destabilising international relations.