The European executive has announced that it would retaliate against US tariffs on aluminium and steel if they are confirmed, considering them unlawful and counterproductive.
EU car industry faces high energy costs, EV transition, job losses, and US tariff threats. European Commission seeks solutions to boost innovation amid fierce competition from cheaper Asian manufacturers.
Credit: euronews (in English) Duration: 02:29Published
The European Commission has presented its new economic strategy for the coming years. Simplification features prominently in a package of proposals that is sorely lacking in novelty.
Credit: euronews (in English) Duration: 02:12Published
The European Commission said that ‘reflections are ongoing’ over the downsizing of the international hubs under the department for international partnerships.
Credit: euronews (in English) Duration: 02:24Published
In a major escalation of his trade policy, President Donald Trump has announced that the United States will impose a sweeping 25% tariff on all steel and aluminum imports, with additional metal duties expected later this week. Speaking aboard Air Force One, Trump also revealed plans for reciprocal tariffs, vowing to match the trade policies of other nations. This move could have significant consequences for key trading partners like Canada, Mexico, and the European Union. Trump has long criticized foreign tariff imbalances, especially the EU’s 10% auto tariff versus America’s 2.5% rate.
#Trump #Tariffs #TradeWar #BreakingNews #SteelTariffs #AluminumTariffs #Politics #MAGA #AmericaFirst #USATrade #GlobalEconomy #TrumpNews
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Speaking in the first TV debate before snap elections later in the month, Scholz said his strategy for dealing with Trump is "clear words and friendly conversations."
Credit: euronews (in English) Duration: 01:30Published
The Baltic states connected to electricity supplied via Finland, Sweden and Poland after disconnecting from Russia, which had supplied them electricity for decades.
Credit: euronews (in English) Duration: 01:10Published
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