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Europe News

Why the EU won't hit China with the 100% tariffs that Trump wants

Donald Trump's request for 100% tariffs on China is unlikely to gather the necessary support among European Union countries.

Economy

MEPs call on Commission to drop energy purchase promise in EU-US deal

A letter is currently circulating within the European Parliament denouncing the European Commission’s commitment to purchase $750 billion worth of energy products from the US.

Economy

Brazil's Lula pushes back against US tariff after Bolsonaro sentencing

After last week’s ruling against former President Bolsonaro, US Secretary of State Marco Rubio posted on X that Trump’s government “will respond accordingly”.

Mobility

How dependent is Europe on Korean EV battery manufacturers?

Europe heavily relies on South Korean-run factories for EV batteries. About 75 per cent of existing battery cell manufacturing capacity in Europe is owned by Korean companies, 50 per cent of which is owned by LG, according to the International Energy Agency.

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Economy

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

The announcement comes as Washington places pressure on President Claudia Sheinbaum to crack down on Chinese industry in Mexico.

Economy

Why investors are ditching bonds for gold in 2025

Gold is shining in 2025, outperforming all major assets. With political instability, doubts over Fed independence, and rising economic risks, gold’s role as a trusted, uncorrelated store of value has made it the safe haven of choice.

Economy

Japan: Revised Q2 GDP shows 2.2% growth despite US tariffs

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated. The data was published hours after Prime Minister Shigeru Ishiba announced his long-awaited resignation following his party's defeat in the summer elections.

Economy

Europe’s 2026 inflation forecast: The highest and lowest rates

Euronews Business takes a closer look at the ECB and OECD inflation projections for the euro area and wider Europe in 2025 and 2026.

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.

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.

Stay on top of the latest news about Trump tariffs and their effects on the global economy.