Economy

European stock markets took a severe hit at the beginning of trading on Monday, with Frankfurt witnessing a drop of up to 10 percent as a global sell-off worsened following U.S. President Donald Trump's tariffs. The indices fell sharply, with Paris losing over six percent, London nearly six percent,......

More than 50 countries have reached out to the White House seeking to open trade negotiations following President Donald Trump’s sweeping tariffs, according to senior administration officials. The newly imposed tariffs, which wiped nearly $6 trillion off US stock markets last week and shook global......

A high-ranking Chinese official has assured that China will continue to be a "promising land" for foreign investment, despite ongoing trade tensions with the U.S. and the recent implementation of 34% tariffs on American imports. This move came as retaliation against similar tariffs introduced......

Global financial markets have plunged as US President Donald Trump intensified his defense of broad new tariffs, describing them as necessary "medicine" despite triggering widespread investor panic and massive sell-offs. Speaking aboard Air Force One, Trump said although he doesn’t wish......

Tech billionaire Elon Musk has voiced support for a free trade zone between the United States and Europe, calling for the elimination of tariffs. During a video appearance at a conference organized by Italy's far-right League party in Florence, Musk emphasized his belief in a zero-tariff arrangement......

UK Prime Minister Keir Starmer responded to US President Donald Trump’s new tariffs, warning that long-standing assumptions about global trade are no longer reliable. In an op-ed for The Sunday Telegraph, Starmer remarked, “The world as we knew it has gone,” emphasizing the shift from......

The European Union (EU) is preparing to implement targeted countermeasures against U.S. President Donald Trump's tariffs, which could affect up to $28 billion worth of U.S. imports, ranging from dental floss to diamonds. This step follows actions taken by China and Canada, marking an early escalation......

Global sneaker giants are bracing for impact following the announcement of new customs measures imposed by the Trump administration. Beginning April 9, a staggering 46% tariff on imports from Vietnam—a key player in sports shoe production—could significantly inflate sneaker prices. A 46%......

In a significant escalation of trade tensions, China has announced a 34% tariff on all imports of American goods, effective April 10. This decision follows the imposition of reciprocal tariffs by U.S. President Donald Trump, who recently announced similar duties on Chinese exports. The new tariffs from......

Spain has activated a response plan to counter the tariffs announced by Donald Trump, mobilizing 14.1 billion euros. Of this amount, 7.4 billion comes from new financing, while 6.7 billion uses existing instruments. The aim is to provide a double protection for businesses and employment, relying on both......

Spain's controversial 'Google Tax' may soon become a focal point in international trade relations, particularly as U.S. President Donald Trump intensifies his tariff policies. Announced on April 2, Trump's latest measures could escalate tensions with Europe, raising concerns over the......

African economies find themselves at a critical crossroads, faced with the dual pressures of American protectionism and the pressing need for strategic economic realignment. The recent announcement from the U.S. government regarding tariffs reaching up to 50% on imports from 185 countries—51 of......

Global concern mounted after U.S. President Donald Trump unveiled sweeping tariffs, sparking fears of a global recession and sharply higher prices in the American market. Financial markets around the world plunged in response, while leaders from major economies criticized the move as a blow to decades......