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Health news

EU-US trade deal leaves future of pharma tariffs uncertain

Despite a new EU-US trade deal, tariffs on pharmaceuticals remain uncertain and unchanged for now, pending the outcome of a US national security investigation that could later impose duties of up to 15%.

Europe News

'Best we could get': Brussels defends EU-US deal as criticism mounts

"This is clearly the best deal we could get under very difficult circumstances," said Maroš Šefčovič, the European Commissioner for Trade.

Business

EU-US trade deal will come with consequences, German industries warn

German Chancellor Friedrich Merz has expressed his satisfaction with the agreement between the European Commission president and the US president. Representatives of German industry are also relieved, but warn of future losses.

Economy

US and China to talk in Stockholm as trade truce expiration nears

The talks are a precursor to a potential autumn meeting between US President Donald Trump and Chinese leader Xi Jinping.

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Europe News

Trump and Starmer discuss Ukraine and Gaza during meeting in Scotland

UK Prime Minister Keir Starmer met with US President Donald Trump on Monday at the American leader's golf resort in Scotland, where they discussed the 'desperate situation' in Gaza and ending the war in Ukraine.

Europe News

Von der Leyen and Trump strike EU-US deal with 15% tariff for the bloc

The trade deal will introduce a 15% tariff for the vast majority of EU products. But some will benefit from a "zero-for-zero" scheme.

Business

Hammered by US tariffs, Volkswagen’s profit drops sharply

Germany’s Volkswagen cut its financial guidance for 2025 after US tariffs took a €1.3 billion toll on its income in the first six months. But European sales and EVs appear to support future growth.

Economy

The UK’s weak economic growth and Brexit: Is the worst over?

The UK’s decision to leave the European Union has left lasting impacts on the country’s economy. While many of the repercussions appear to be longstanding, including low productivity, Euronews Business asked experts whether they think the worst is over.

Economy

EU member states adopt retaliatory hit list in response to US tariffs

The member states adopted on Thursday morning the list of countermeasures targeting €93 billions' worth of US products in response to US tariffs, but the Commission is yet to follow suit. It will only come into effect on August 7 if the two parties fail to reach an agreement.

Economy

Will the ECB cut the key rates again? US tariff impact is crucial

The European Central Bank will likely hold off on making another interest rate cut on Thursday, choosing to wait until it can measure the size of any economic blow from higher US tariffs.

Economy

EU and US near 15% tariff deal, Brussels remains ready to retaliate

The European Commission and member states are discussing the possible use of the anti-coercion instrument, which would allow the bloc to target digital and financial services in the event of a failure to reach a deal with the US on tariffs.

Markets

Asian markets rise, Toyota up by 14% after US tariff deal

Asian shares rallied on Wednesday, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the US announced a deal on President Donald Trump's tariffs.

Economy

EU and Japan prepare delicate balancing act with US

At Wednesday's summit, the EU and Japan are expected to reaffirm their commitment to a rules-based order, as both face trade disputes with the US, but the pair offer differing approaches to negotiations with the Trump administration.

Economy

Trump announces trade deal with Japan that lowers threatened tariff

The US ran a $69.4 billion (€59.1 billion) trade imbalance on goods with Japan last year, according to the Census Bureau.

Business

AstraZeneca pledges $50bn investment in the US amid 200% tariff fears

British-Swedish pharmaceutical company AstraZeneca is expanding its presence in the US in a bid to boost sales in its largest market.

Europe News

Calm before EU-US trade storm as deadline approaches, Newsletter

This week's key events presented by Euronews' editor in chief, EU news, Jeremy Fkeming-Jones.

Economy

Asian countries offer to buy more US LNG to stave off harsh tariffs

In a bid to avoid harsh tariffs being imposed, many Asian countries are looking to strike large LNG deals with the US. But could this be disastrous for the clean energy transition?

Business

TSMC's profit soars by 60% thanks to robust AI chip demand

The world’s largest contract chip manufacturer TSMC, reported better-than-expected results as AI chip demand has been boosting the company's sales.

Economy

Japan's exports fall as Trump's tariffs fuel recession risks

Fears of a recession are mounting in the world's fourth-largest economy, after export to the US declined for the second month in a row in June.

Economy

Retaliatory tariffs: Which EU countries could be impacted the most?

Ireland, Germany and the Netherlands are three of the most exposed countries should the EU decide to impose countermeasures on US imports — following Washington’s threat to charge 30% on EU goods.

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