Trump threatens UK with ‘big tariff’ over digital services tax
US President Donald Trump has warned Britain that he will impose a “big tariff” on the United Kingdom unless it scraps its Digital Services Tax, which he says…
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Popular articles tagged "trade war"
EU risks ‘reigniting US trade tensions’ to save a steel industry ‘on verge of collapse’
The European Union is doubling tariffs on steel imports that exceed its new proposed lower quota.
Hit by strong euro and tariff war, Germany’s Puma sees sales plummet
German sportswear group Puma slashed its 2025 outlook after an 8.3 per cent drop in second-quarter sales, which gave it a €135 million quarterly loss.
China’s export surge may be ‘frontloading’
China’s recent export surge may not reflect strength but urgent necessity.
EU under pressure as end of the pause on US tariffs looms
With just days to go before July 9, when the three-month pause on 50 per cent “reciprocal” tariffs imposed on April 2 ends, pressure has mounted for a US-European…
Trump says EU ‘has not offered fair trade deal’ and quits G7 summit early
US President Donald Trump said the European Union had yet to offer a "fair deal" on trade, as Washington negotiated tariff agreements with friends and foes alike.
US doubles steel, aluminium tariffs as OECD ministers gather
The United States doubled steel and aluminium tariffs Wednesday, casting a pall on a gathering of OECD ministers as President Donald Trump's intensifying trade war…
European stocks sink as Trump eyes huge EU tariff
European stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war as he raised the spectre of hitting imports from the European…
Trump’s 90-day pauses ‘unlikely to lead to substantial deals’
Donald Trump’s 90-day suspensions on "reciprocal" tariffs with China, the EU, and the UK were unlikely to result in long-term trade deals, according to economists.
US and China reach deal to slash tariffs, lifting dollar
The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world's two biggest economies seek…
EU’s tariffs ‘higher than those of US’, says BMW CEO
German luxury car maker BMW said it expected both Brussels and Washington to back away from escalating trade war threats.
Trump’s demand for US tariffs on foreign movies may put EU film industry at risk
US President Donald Trump has demanded a 100 per cent tariff on foreign films, meaning the European movie industry might be badly hit.
US says EC fines for Apple, Meta ‘economic extortion’ as Trump hints at China tariffs deal
The White House has said European Commission fines on Apple and facebook owner Meta Platforms by the European Union were a "novel form of economic extortion" that…
Trump suggests linking tariffs negotiations to US troops in Europe
US President Donald Trump has indicated he is open to connecting tariff negotiations with the presence of US troops in Europe.
China, EU must oppose tariff ‘bullying’, Xi tells Spanish PM
President Xi Jinping told Spain's prime minister on April 11 that China and the European Union must join together in defending globalisation and opposing "unilateral…
Trump’s tariff pause focuses trade war on China, markets bounce
US President Donald Trump's stunning decision to pause most of the hefty duties he had just imposed on dozens of countries brought relief for battered global stock…
French minister: ‘Tariffs threatens jobs, companies should suspend US investment’
French Minister for Industry and Energy Marc Ferracci has warned that jobs in key industrial sectors were at risk due to the new tariffs imposed by the US President…
European critics say US tariff calculations ‘overly simplistic’
During his "Liberation Day" tariffs speech, US President Donald Trump presented a chart detailing those imposed on almost every country.
EU seeks unity in first strike back at Trump tariffs
European Union countries will seek to present a united front in the coming days against US President Donald Trump's tariffs, likely approving a first set of targeted…
Trump vows to ‘make America wealthy again’ with global range of tariffs
US President Donald Trump has signed an executive order imposing tariffs on the European Union and many other countries.
Europe in last-ditch effort to avoid trade war
With hours to go before US President Donald Trump’s tariffs announcement, European leaders in Brussels, London and Frankfurt have been making last-ditch efforts…
US tariffs: EU focuses on single market and could turn towards China
The EU plans on reinforcing trade within its own member states and with third parties such as China, in response to ongoing economic tensions caused by US policies…
Financial markets rattled by US reciprocal tariffs
Global markets have been left reeling ahead of a new wave of "reciprocal" tariffs set to be announced next week by US President Donald Trump.
China’s economy chief invites EC trade head to jointly resist US tariff threats
China was willing to work with the European Union to resist protectionism, the country's economy tsar told the bloc's trade chief, in an invitation to join forces…
Germany’s economy minister says ‘we will not back down’ over new US 25% car tariffs
Germany's economy minister Robert Habeck has said "it must be clear that we will not back down in the face of the USA" after Washington announced new 25 per cent…
Party’s over? Trump threatens to slap 200% tax on European wines and champagne
In response to the European Union's counter tariffs against those imposed by US President Donald Trump, Washington has threatened new taxes on European alcohol.
EU spirits sector rattled by tariff war with US
SpiritsEUROPE, the representative body for the European spirits' industry, has said it was "extremely concerned" by retaliatory tariffs against the US.
EU to impose counter tariffs on €26 billion of US goods
The European Union will impose counter-tariffs on €26 billion worth of US goods from next month, the European Commission said on March 12, ramping up…
Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs
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Trump targets EU and others in tariffs threat
US President Donald Trump has tasked his economics team with devising a plan to impose recipricol tariffs on every country that imposed duties on US imports in a…