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Economy

Canada hits US goods with tariffs of up to 50% as trade war escalates

Canada’s retaliatory tariffs on billions of dollars’ worth of US products took effect on Tuesday, escalating an 18-month trade dispute between the two North American neighbours.

Europe Today

Šefčovič: China must deliver by October or face ‘harsher measures’

Šefčovič tells Euronews that talks to rebalance a surging trade deficit are “super political”, as European leaders look for clear pledges from Beijing.

Europe News

China dependence to make EU’s green transition more costly - Hoekstra

Hoekstra warns China dependence will make the EU’s green transition more costly, saying there is “no alternative” to levelling the playing field.

Uzbekistan

India, Uzbekistan set $5bn trade goal, discuss uranium supplies

The two governments also broadened cooperation on critical minerals, defence, digital payments and transport. A new foreign minister-level mechanism will oversee implementation, alongside expanded education and regional links.

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Canada

Carney says new US tariffs are 'designed to hurt us and divide us'

"We cannot accept what they've offered, and we will not give what they've asked," Carney said during a speech outlining Canada's position on the trade dispute with the US.

Europe News

EU pushes back as US revives trade pressure on bloc

The EU already dialled back the scope of the environmental and human rights supply chain standards laws under pressure from businesses, but the US said that did not go far enough.

Europe News

Brussels vs Beijing: The new trade battle begins in Morocco and Turkey

Beijing's investment drive in Morocco and Turkey is opening new routes into the EU market, forcing Brussels to prepare its response. But its trade defence toolbox is increasingly struggling to keep pace.

Europe News

What trade concessions can the EU win from China?

With an October deadline unlikely to yield major concessions from Beijing given structural and leverage imbalances, EU-China trade tensions look set to keep escalating.

Europe News

EU expected to probe Balkan mesh imports over Chinese tariff-dodging

There are growing suspicions that certain open mesh fabrics are being made with Chinese glass fibre already hit by EU anti-dumping and anti-subsidy duties for unfair pricing and state support.

Economy

China's economic growth hits slowest pace in more than three years

China's economy grew 4.3% year on year in the second quarter, its weakest pace since late 2022, as weak domestic demand and a prolonged property downturn outweighed strong exports, increasing pressure on Beijing to provide more economic support.

Europe in Motion

Shark fin trade slows in the EU, but how far off is a total ban?

EU countries export far more than they import. Europe in Motion breaks down the data.

Europe News

Trade ban on Israeli settlements is the latest test of EU unity

The EU is weighing a trade ban on Israeli settlements, with Italy possibly tipping the balance. However, deep divisions among member states remain, alongside unresolved questions about the legal basis, and a formal proposal is still far away.

The Cube

Is shipping to the EU now more expensive for consumers?

Several social media users are claiming that online shopping has become more expensive because of a new EU import charge. The Cube takes a look.

Europe News

October deadline for China trade talks 'not realistic', top MEP says

Bernd Lange, head of the European Parliament's trade committee, told Euronews the EU should be pushing China hard on unfair industrial subsidies and other pressing issues.

Business

World's largest LNG container ship enters Asia-Europe service

Europe is investing in ever larger, cleaner container ships at a time when maritime sovereignty and supply-chain resilience have become strategic priorities.

Europe Today

Serbia heads for elections as EU-China trade tensions grow

US and Iranian delegations return to Qatar for fresh talks as Brussels and Beijing work to resolve key trade disputes. Meanwhile, Serbia prepares for early elections after President Aleksandar Vučić announced his resignation.

Europe News

EU sets October deadline to get 'tangible' results with China

As EU Trade Commissioner Maroš Šefčovič met his Chinese counterpart Wang Wentao in Brussels on Monday, he said he would travel to China this autumn. Germany’s trade Minister Katherina Reiche also met Wentao, with her ministry calling on Beijing to ensure “a level playing field".

Kazakhstan

Montenegro's Adriatic Bar port eyed as possible Middle Corridor link

Montenegrin President Jakov Milatović made a historic first official visit to Kazakhstan to discuss trade, transport routes, tourism and diplomatic relations.

Europe News

EU Commission to develop diversification instrument – von der Leyen

The Commission is set to develop new trade defence tools, including a diversification instrument, to tackle the EU's "unsustainable" trade deficit with China, with the political backing of EU leaders.

The Cube

Can EU countries restrict or ban Israeli settlement imports?

Several EU states are weighing measures against goods from Israeli settlements in the West Bank, East Jerusalem and the Golan Heights – all considered illegal under international law. Some argue that rules that exclude such goods from Israel’s tariff-free trade deal are not being properly enforced.