Trump proposes 50% EU tariff
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Europe’s luxury brands have long sold pricey handbags based on the mystique of where they are made. Now the trade war is probing the value of producing in places like this sun-kissed town.Ubrique’s workshops have pumped out leather goods for Chanel,
President Donald Trump spoke with Russian President Vladimir Putin about ending the war in Ukraine, hosted the president of South Africa at the White House and threatened more stringent tariffs against the European Union this week.
Large banks in Central Europe aim to keep risk costs in check this year as they navigate economic uncertainty amid global tariff tensions.
Trump's surprise 50% EU tariff triggers $300M in crypto liquidations as Bitcoin and altcoins reel from renewed trade war fears.
BYD sold more pure battery electric vehicles than Tesla for the first time last month, a "watershed moment" for the region's car market, JATO Dynamics said.
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The EU's chief has said she is ready to move "swiftly" to agree a trade deal with the United States, but says the bloc needs until 9 July to agree a "good deal". President of the European Commission Ursula von der Leyen said she had a "good call" with US President Donald Trump on Sunday - two days after he expressed frustration with the pace of negotiations with the EU and threatened to impose 50% tariffs.