4 h. ago Any trade deal with US must be based on ‘respect not threats’, says EU commissioner

Maroš Šefčovič’s remarks come after pace of talks prompted Trump to propose 50% tariff on goods from blocThe European Union’s trade chief has struck a defiant tone after Donald Trump threatened to place a 50% tariff on all goods from the bloc, saying any potential trade deal between Brussels and Washington must be based on “respect not threats”.The US president made his statement after voicing frustration with the pace of progress on a trade agreement with the EU. The new rates would come into effect from 1 June. Continue reading...

Events

9 h. ago EU 'stands ready to defend its interests' in tariff war with Trump: Bloc demands 'respect' after US President announced 50 per cent charge on European imports

Trump made the threat amid trade talks between Washington and Brussels, warning they were 'going nowhere' and that he could impose the tariffs next month.

Politics

11 h. ago EU trade chief calls for ‘mutual respect’ after Trump tariff threats

The US president threatened to slap 50% tariffs on all EU goods sent to the United States.

Politics

18 h. ago Sir Keir warned not to cosy up to EU as President Trump now threatens Brussels with 50 per cent tariffs

The US President made the threat amid trade talks between Washington and Brussels, warning he could impose the tariffs next month.

Events

19 h. ago Trump ‘not looking for deal’ as he threatens EU with 50% tariff

Bloc vows to ‘defend our interests’ in response to US president’s escalation

Economics

19 h. ago Donald Trump's threaten brutal Apple goods tariff unless he gets iPhones pledge

Donald Trump has threatened Apple and the EU with extreme tariffs, as the Orange manbaby once again throws his toys out of the pram over the response to his hefty economic measures

Politics

19 h. ago Apple sees stock drop after Trump threatens 25 percent tariffs unless they build iPhones in America

President Donald Trump made the threats after he reportedly met with Apple CEO Tim Cook at the White House earlier in the week

Politics

20 h. ago Donald Trump threatens huge tariffs on EU goods and smartphones, including Apple products

Markets tanked following the announcement as the US President cranks up trade threats

Politics

21 h. ago Trump threatens Apple and Samsung with 25% tariff on devices

US president says new levy on iPhones and other handsets could apply from the end of June

Politics

21 h. ago Trump says Samsung and other smartphone manufacturers will also be subject to 25% Apple tariff – business live

US president says 50% tariff on EU goods to come in 1 June; Apple iPhones and those of other manufacturers made overseas to face 25% tariffTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Ne...

Economics

21 h. ago French wine, German cars and Ozempic: These EU imports could soon get more costly thanks to Trump’s tariffs

The president said his discussions with the European Union are ‘going nowhere’

Politics

22 h. ago European markets suffer losses after Trump ‘recommends’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net export...

Economics

22 h. ago French wine, German cars and Swiss chocolates: These EU imports could soon get more costly thanks to Trump’s tariffs

The president said his discussions with the European Union are ‘going nowhere’

Politics

24 h. ago Stock markets slump after Donald Trump threatens EU with 50% tariffs

The US president said on Friday that discussions with the bloc were ‘going nowhere’ and that the tariffs would take effect on June 1.

Politics

24 h. ago Stock markets plunge after Trump reignites trade war risk with threat of 50% tax on EU goods

US president’s fresh plan wipes billions off shares in UK, US, France, Germany Spain and Italy

Events

24 h. ago Trump threatens 25% tariff on Apple and Samsung phones not made in US

Announcement wipes about $70bn off Apple shares amid pressure on company to build smartphones in USBusiness live – latest updatesDonald Trump has threatened to impose a 25% tariff on iPhones if they are not made in the United States, as he stepped up the pressure on Apple to build its signature product in the country.The president wiped approximately $70bn (£52bn) off the company’s shares with a post on the Truth Social platform that said iPhones sold inside the US must be made within the country’s borders. Continue reading...

Politics

25 h. ago Apple has had few incentives in the past to start making iPhones in US

Unhappy that Apple intends to source nearly all of its U.S. iPhones from India, President Donald Trump on Friday threatened a 25% tariff on the popular device unless the tech giant moves production to the United States

Politics

25 h. ago What EU exports are hit hardest by Trump’s 50% tariff threat?

More than a fifth of all EU goods exports are to the US market

Events

25 h. ago Markets tank as Trump moves to impose crippling 50% tariff on Europe

Donald Trump is threatening new crippling tariffs on the European Union after trade negotiations have gone south.

Politics

26 h. ago Ukraine’s Zelenskyy confirms major prisoner swap with Russia – Europe live

The first stage of a major prison swap between Ukraine and Russia has taken place in Turkey, with 390 people released todayFor more coverage of Trump’s tariffs threats – which also include a warning that Apple must pay a 25% tariff unless it manufactures its iPhones in the US – follow our business live blog here:US president Donald Trump has just called the EU “very difficult to deal with,” lamenting the bloc’s “powerful Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against American Companies, and more” (original capitalisation!).“Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. Continue reading...

Events