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.
Turkish President Recep Tayyip Erdoğan outlined Türkiye’s efforts to strengthen ties with Beijing while also pushing forward on global peace and r...
British Prime Minister Keir Starmer defended Deputy Prime Minister Angela Rayner and his government’s handling of borrowing costs during a heated pa...
The United Arab Emirates warned Israel on Wednesday that any annexation of the West Bank would be a red line for Abu Dhabi, threatening to undermine t...
Afghanistan’s Ministry of Economy has urged United Nations agencies and humanitarian organisations to speed up the delivery of aid to survivors of t...
Russia launched a large-scale overnight air attack on Ukraine on September 3, injuring at least four railway workers and damaging key infrastructure, ...
British Prime Minister Keir Starmer defended Deputy Prime Minister Angela Rayner and his government’s handling of borrowing costs during a heated parliament session on Wednesday, 3 September, facing sharp attacks from opposition leader Kemi Badenoch.
Turkish President Recep Tayyip Erdoğan outlined Türkiye’s efforts to strengthen ties with Beijing while also pushing forward on global peace and regional stability.
The United Arab Emirates warned Israel on Wednesday that any annexation of the West Bank would be a red line for Abu Dhabi, threatening to undermine the Abraham Accords that normalised ties between the two states.
Afghanistan’s Ministry of Economy has urged United Nations agencies and humanitarian organisations to speed up the delivery of aid to survivors of the recent earthquakes that struck several eastern provinces.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in Japan.
The price of gold surged sharply on Wednesday, reaching a new record of $3,530.08 per ounce. Analysts say the rise is driven by expectations of a U.S. Federal Reserve (Fed) rate cut in September and concerns over the central bank’s independence.
The New York Stock Exchange opened sharply lower on 2 September as investors weighed the legality of Donald Trump’s tariffs – a federal appeals court has ruled most of them illegal.
Eurozone annual inflation reached 2.1% in August, up from 2% in July, Eurostat announced on Wednesday.
Kraft Heinz is breaking up into two separate companies a decade after its high-profile merger, aiming to unlock greater shareholder value.
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