Europe

Macron voices criticism for US President Donald Trump’s trade strategy.Source: Bloomberg

US President Donald Trump threatened to impose 200 percent tariffs on French wines and Champagnes on Monday evening, a measure he said was intended to convince his French counterpart Emmanuel Macron to join his "Board of Peace" aimed at resolving global conflicts.

The White House has threatened a new 10% tariff on 8 NATO allies.

Kaja Kallas says negotiators should not ‘lose focus that it’s actually Russia who has started this war’

Even as criticism of Israel ramps up and a growing number of countries say they’ll recognize a Palestinian state, concrete actions remain limited.

The EU suspended €93 billion in planned tariffs on US goods Tuesday after striking a last-minute deal with Washington, averting a trade clash. Brussels warned the measures could still be reactivated if talks with the US break down.

Euro slides as investors bet that long-awaited trade agreement will hurt Eurozone economy

Brussels has agreed to sweeping trade tariffs on European exports to the US and other concessions to avoid even higher duties

Relief at avoiding trade war is tinged with regret at not taking firmer stand from the start

World leaders and diplomats quietly swap strategies for managing Trump.

ThyssenKrupp executive warns of ‘collateral damage’ to supply chains and urges protective action on energy pricing

The US president said the new levy could enter into force due to trade imbalances with the bloc