Economy
The Spanish government has assessed the impact of the new 20% tariff imposed by the United States on all imports from the European Union. According to the Ministry of Economy, Trade, and Industry, the new trade tariffs will affect 80% of the Spanish products sold in the U.S. In monetary terms, this translates......
China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......
The cryptocurrency market is experiencing significant downturns, following the global stock market's drop fueled by a trade war initiated by U.S. President Donald Trump. Major cryptocurrencies are mirroring the declines seen in European, Asian, and American stock indices. Bitcoin has hit its lowest......
The Catalan government is set to allocate €1.5 billion to mitigate the effects of tariffs imposed by U.S. President Donald Trump. This package, confirmed by the government and reported by Catalunya Radio, includes grants, loans, investments, advisory services, and various other measures. The initiative......
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......
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