The EU is preparing countermeasures after Trump’s sweeping tariffs, set to impose a 10% minimum duty on imports and 20% on EU goods. European leaders warn of economic fallout as trade ministers plan next steps, with talks critical to avoiding a trade war.
The European Union is gearing up for retaliatory measures following U.S. President Donald Trump’s sweeping new tariffs, which impose a 10% minimum duty on most imports and a higher 20% rate on EU goods. European Commission President Ursula von der Leyen called the move a major blow to the global economy and confirmed that the EU is finalising a response.
A first package of tariffs on $28.4 billion worth of U.S. goods is set for mid-April, targeting the earlier U.S. steel and aluminium tariffs. Further measures are under consideration if negotiations fail, with EU trade ministers meeting in Luxembourg on Monday to discuss next steps.
The EU is exploring options beyond tariffs, including limiting U.S. firms’ access to public procurement and service markets. Experts warn that an escalating trade war could significantly impact EU exports, particularly in the automotive and technology sectors.
French President Emmanuel Macron is set to meet industry leaders to address the impact of the tariffs, while Italian Prime Minister Giorgia Meloni has called for diplomatic solutions. With global markets on edge, the coming weeks will be critical in determining the outcome of this transatlantic trade standoff.
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Kazakhstan's Ministry of Transport and Afghanistan's Ministry of Public Works have reached an agreement on the construction of a new railway line to c...
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government au...
Uzbekistan and the State of Eritrea signed a Joint Communiqué on the establishment of diplomatic relations through their respective UN Missions....
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey La...
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government audit said nearly 22,000 cars sold up to 2020 should never have qualified for clean-energy incentives.
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey Lavrov in Kuala Lumpur on Thursday that Beijing is prepared to help safeguard both countries’ security and development interests.
Russia’s health watchdog said on Friday it is monitoring an anthrax outbreak in Kazakhstan’s Akmola region, where two villages were quarantined after infections in cattle and local residents.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
Azerbaijan Railways CJSC signed a Memorandum of Understanding with the Chinese company 'Xi'an Free Trade Port Construction and Operation' and has opened its representative office and container terminal in the Xi'an International Port.
The UK and Japan have signed a Memorandum of Cooperation (MoC) aimed at enabling increased UK investment into Japan, further strengthening the economic ties between the two nations.
German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.
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