German conservatives under Friedrich Merz clinched a coalition deal with the center-left Social Democrats (SPD), aiming to revive growth in Europe’s largest economy just as a global trade war ...

Europe is united and capable of weaving a global trade web that spans from Shenzhen to Sao Paulo Donald Trump called it "Liberation Day". Last week, with characteristic theatricality, the United ...

In the short term, the new tariffs will likely cause higher costs for U.S. consumers and businesses. The increased cost of ...

The shift by European companies away from U.S. markets could have far-reaching consequences for the American economy.

The EU, like other economies, also uses so-called “specific” tariffs, such as an amount set per kilogramme or per litre of any given product. Globally in 2022, the average tariff was 3.6 percent, ...