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Economy

Japan shipments to US decline as trade tariffs slow export growth

The world's fourth-largest economy is one of the hardest hit by the US administration's elevated trade tariffs on cars, resulting in Japanese exports slowing in April.

Europe in Motion

Which EU country seizes the highest amount of fake goods?

EU customs officers reported significant volumes of counterfeit goods that pose health and safety issues.

Business

Farmers set to see lower trading costs from closer EU-UK ties

The EU and the UK remain each other’s most important trading partners for agri-food products, despite frictions linked to Brexit. A reduction of red tape could help farmers and other traders on both sides of the Channel, although businesses are waiting for details.

Economy

US and China announce substantial reductions in tariffs for 90 days

The US and China agreed to lower tariffs for 90 days on Monday, as the world’s two biggest economies attempt to cool an escalating trade war.

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Europe News

EU prepares for trade retaliation if negotiation with US fails

The European Commission presented on Thursday new countermeasures which could hit €95 billions of US products if negotiations to end the trade dispute fail. Boeing, alcohol such as Bourbon whiskey and agrifood products could be hit.

Europe News

EU Commission prepares for no-deal scenario on Ukraine trade scheme

The EU executive is now considering contingency plans in case a new agreement with Ukraine isn't finalised before the current tariff-free scheme expires in less than a month.

Europe News

EU sends top officials to Washington for tariff talks

A high-level meeting is under way in Washington on Tuesday and Wednesday as the EU and US attempt to escape a full-blown transatlantic trade war.

Nature

Inside South Africa’s burgeoning illegal leopard trade

On International Leopard Day, FOUR PAWS warns how leopards are threatened by their commercialisation.

Travel News

AI and accessibility are hot topics as travel industry meets in Dubai

The 32nd edition of the annual travel trade show is expected to have drawn record-breaking numbers of participants.

The Big Question

The Big Question: Can Europe survive without America’s money?

“There is way too much at stake in this relationship to let that be damaged,” pleads the CEO of the American Chamber of Commerce to the EU.

Economy

US Treasury Secretary says IMF and World Bank need reform

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.”

Business

Chinese exporters seek new markets to offset US tariff impact

Key to this are trade fairs, where many can showcase their products and create sales channels to offset tariff impacts, with the end goal of finding other opportunities beyond traditional markets like the US.

Europe News

WTO forecasts 6% bump in Chinese exports to Europe in 2025

With the Chinese and US economies decoupling, WTO forecasts anticipate a diversion of Chinese exports to Europe.

Business

ASML misses order expectations as CEO warns of economic uncertainty

ASML reported net bookings that significantly missed analysts’ expectations in the first quarter, although it maintained its guidance for 2025. CEO Christophe Fouquet highlighted uncertainties around the macro environment and downside risks to the company’s performance this year.

Switzerland

UN trade agency urges US to exempt poorest nations from higher tariffs

UN report says 28 of the 57 nations targeted by the Trump administration's now-paused tariffs each account for less than 0.1% of the US trade deficit.

Europe News

France’s united front against Mercosur deal starts to show cracks

Amid mounting pressure from the trade tensions sparked by the United States, some in France are beginning to see merit in the EU-Mercosur agreement, viewing it as a strategic response to growing economic uncertainty.

USA

Smartphones and computers now exempt from tariffs imposed by Trump

Smartphones and computers, as well as other electronic devices and components, including semiconductors, solar cells and memory cards, would be excluded from Trump's global tariffs.

Earth News

Decarbonisation reduces trade risks for most countries, study finds

Trade-related risks to energy security decline on average by 19 per cent in net-zero scenarios.

Europe News

US yachts, coffee, soybeans - what's on the EU's tariff hitlist today?

A list of US products set to be hit by 25% customs duties from 15 April includes orange juice and coffee, but Bourbon whiskey escapes.

Business

Swiss chocolatiers face bittersweet Easter after Trump's tariffs

With the normally brisk Easter season around the corner, the mood in Switzerland's chocolate business is bittersweet, thanks to high cacao prices and — now — the newly added US tariffs on imports.