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Trump tariffs

Economy

Mexico to place 50% tariff on Chinese cars after US lobbying

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Business

Trump: Substantial semiconductor tariff coming 'very shortly'

Leaders of the US's biggest tech companies were grilled over their domestic investments at a dinner hosted by Donald Trump on Thursday. The president said that those investing in the US could be exempt from new tariffs.

Economy

Trump asks Supreme Court to take up tariffs case and reverse ruling

It's the latest in a series of Trump administration appeals to a Supreme Court he helped shape, and one that is expected to put a centerpiece of the president's trade policy before the justices.

Europe News

Brussels defiant against persistent criticism of EU-US trade deal

Opposition to the EU-US trade deal continues to mount, forcing the European Commission to go on the defensive.

Economy

Commission's EU-US deal broker to be grilled in Parliamentary hearing

As the EU’s legislative process kicks off, MEPs will begin debating the EU-US tariff deal on Wednesday. A heated exchange with the European Commission is expected.

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Economy

As tariffs bite, Deutsche Bank rises to rejoin Europe’s top index

The top lender’s return to the Euro Stoxx 50 after seven years marks a symbolic revival for Europe’s banks, as tariff-hit giants Stellantis, Nokia and Pernod Ricard are forced out.

Markets

Gold values hit new peak as central banks shift away from dollar

A historic price for the world’s oldest safe-haven asset signals waning confidence in the dollar and mounting pressure on the Fed.

Economy

Fed independence ‘hangs by a thread’ as Trump moves to oust Lisa Cook

Efforts to oust Federal Reserve board member Lisa Cook and install allies could erode the bank’s autonomy, with consequences for inflation, market confidence and everyday borrowing.

Economy

Trump’s tariffs knocked down by federal appeals court. What now?

The US Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sweeping import taxes on almost every country on earth.

USA

US appeals court rules Trump's global tariffs are unconstitutional

The decision leaves the tariffs Trump slapped on almost all US trading partners in place for now until October, including the levies he imposed before that on China, Mexico, and Canada.

Economy

Does the EU-US trade deal break WTO rules?

By granting tariff advantages to the US, the EU risks violating WTO international trade rules. The political impact could be significant.

Tech News

EU tech chief faces pressure to confront Trump over digital threats

A spokesperson for the Commission has said that Henna Virkkunen will fight back against unfounded claims.

Economy

EU Commission's US trade deal set for rocky reception in Parliament

The EU Commission has launched implementation of its trade agreement with the US, promising to ease the burden on the EU automotive sector. But the adoption of the text is not guaranteed, with some MEPs denouncing the agreement as unbalanced.

Tech News

Fragile truce: what the new US–EU trade deal means for digital

A week after the US–EU digital trade deal was unveiled, it is already under fire. Trump has threatened new tariffs, Brussels is pressing ahead with new rules, and both sides are sharpening arguments, underscoring how fragile yet vital the pact is for transatlantic tech.

Economy

Boost for Trump as US growth revised higher in Q2

The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

Economy

EU steel chief touts quotas and cooperation with US on overcapacities

According to Axel Eggert, the chief of EUROFER, the European steel lobby, tariff-rate quotas are the best solution to put an end to existing US levies on imports of steel and aluminium. He also believes that the joint fight against Chinese overcapacities should be a shared objective with the US.

Economy

German consumer confidence slumps again as job fears rise

German consumer confidence fell for a third month in August, with income and economic expectations dropping sharply amid rising job fears. Willingness to buy declined slightly, signalling a fragile outlook.

Europe News

Trump's new tariff threat suggests the EU-US trade war isn't over yet

Brussels hoped the EU-US deal would finally put an end to the trade war. But Donald Trump's new tariff threat suggests the story is far from over.

Economy

India braces for export shock as 50% US tariff takes effect

The duty rate US President Donald Trump has placed on Indian goods is among the highest in the world.

Europe News

Sliding doors: The EU that could’ve been with Draghi in charge

Mario Draghi rather than Ursula von der Leyen, was mooted to lead the European Commission in summer 2024. Facing Donald Trump over tariffs, unveiling the EU’s long-term budget, and setting out a different course for Europe, here’s how the EU might have looked if it had caught that train.

Economy

Portugal's CTT suspends postal service of goods to the US

The Portuguese company said the measure comes into force Tuesday 26 August.

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