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Spain's 14.1 Billion Shield Against Trump's Tariffs

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 Google tax: Implications of Trump's tariff threats

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......

Ayuso criticizes Trump's tariffs as a mistake leading to poverty

Isabel Díaz Ayuso, President of the Community of Madrid, strongly opposed the tariffs imposed by the United States under Donald Trump’s administration. She described these measures as a “huge mistake” that would lead to increased poverty and hoped that this trend would soon end.......

U.S. Tariff Increase highlights urgent need to boost intra-African trade

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......

Trump tariffs sow fears of trade wars, recession, and a $2,300 iPhone

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......

IMF warns US tariffs threaten global economic stability

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, issued a stark warning on Thursday regarding the potential consequences of new U.S. tariffs. She emphasized that the recently announced trade measures pose a serious threat to global economic prospects, urging the United......

Canada Retaliates With 25 Percent Tariff on US Cars

Canadian Prime Minister Mark Carney has announced a 25% tariff on certain American-made vehicles, a direct response to a similar tax imposed earlier by the United States on all imported automobiles. According to Carney, this new Canadian measure targets all US-imported vehicles that do not comply with......

The impact of the US-China trade war on the UK-US special relationship

Since Winston Churchill first coined the term “special relationship” in 1946, it has been the cornerstone of the bond between the UK and the US. This relationship, which was initially forged in the face of Soviet opposition, has grown stronger over the decades. However, after nearly 80 years,......

European Union to Impose Tax on U.S. Digital Services

The European Union is preparing to respond to the U.S. tariffs announced by Donald Trump by targeting digital services, according to French government spokesperson Sophie Primas. Speaking on French network RTL, Primas expressed concerns about the negative impact these tariffs could have on production,......