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Economy

Europe’s car makers call for compromise with US to calm tariff fears

In an open letter to EU leaders, the European Automobile Manufacturers' Association (ACEA) has highlighted why Europe should strive to maintain good trade relations with both the US and China.

Business

Trump's EV tariff uncertainty clouds 2025 forecast for car companies

Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast.

Markets

Copper price nears one-month high on optimism over China's economy

The copper price has been on the rise in 2025, reaching a three-week high amid robust demand in China, given Beijing's ongoing stimulus measures. However, Trump's tariffs are expected to cap the uptrend later in the year.

Economy

China's super-rich eye the exit as leaders brace for economic shock

China’s leaders are bracing for shocks to the economy from higher tariffs threatened by US President-elect Donald Trump once he takes office. Millionaires, meanwhile, are relocating.

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Canada

Who will succeed Justin Trudeau as Canada's prime minister?

Announcing his resignation on Monday, Trudeau said he planned to stay on as prime minister until a new party leader is selected. Who will succeed him — and can they survive a looming no-confidence vote?

Markets

Bitcoin regains key level amid renewed investor interest

Bitcoin price reclaimed the $100,000 (€96,300) mark on Monday, triggered by a sharp retreat in the US dollar. However, the rally may not be sustained due to a relatively low trading volume and the lack of a fresh catalyst.

Tech News

CES 2025: What to expect as AI and Trump dominate this year's show

Euronews Next is in Las Vegas to check out the latest tech at the largest fair of its kind. Here's what to expect at this week's event.

Markets

Coffee and cocoa on track to be largest commodity gainers of 2024

Cocoa and coffee saw some of the steepest price increases this year, exacerbated by falling supply and escalating global trade tensions.

Economy

China's manufacturing activity slows in December as trade risks grow

The Purchasing Managers' Index, based on a survey of factory managers, slipped to 50.1 in December from 50.3 the previous month, the National Bureau of Statistics said on Tuesday.

Business

Trump threatens trade tariffs unless Europe buys more US oil and gas

US president-elect keeps the prospect of a transatlantic trade war in the air, exactly a month before he is due to walk back into the White House.

Europe News

China pitches for EU friendship amid tariff spat as Trump looms

China's head of mission to the EU, Cai Run, has called for friendship between EU and China against a turbulent geopolitical backdrop, trade disputes and with Donald Trump poised to begin his second term as US president.

Canada

Trump says Canadians want the country to become the '51st state'

Canadian Prime Minister Justin Trudeau's political survival looks fragile as his finance minister, Chrystia Freeland, resigned — citing irreconcilable differences on how best to deal with Trump's incoming tariff threats.

Tech News

With Trump's return looming, will US-EU relations on tech change?

For the last four years, experts say the US and EU started talking to each other again when it comes to technology policy. But what’s in store under Donald Trump?

Economy

China prepared to double down on support for economy as tariffs loom

China signals it's prepared to double down on support for the economy as Trump tariffs loom.

Business

Nvidia faces China probe amid retaliation for US trade curbs

Nvidia shares slid amid an escalation in the tech trade war as China launched a probe into the company on suspicion of breaching the anti-monopoly law.

Economy

China's premier takes a swipe at tariffs, saying they hinder growth

Shares in Hong Kong jumped after a report on the meeting by the ruling Communist Party's Politburo said leaders would "implement more active fiscal policies and moderately loose monetary policies".

Europe News

Mercosur trade deal: MEPs for and against

As negotiations heat up in Montevideo, we asked two MEPs how they consider this major deal.

Business

ASML holds firm on guidance despite new US curbs re China tech

ASML sees a limited impact of the US fresh restrictions on AI chip exports to China and maintains its guidance for 2024 and 2025.

Europe News

Volkswagen workers on strike over proposed pay cuts and plant closures

The two-hour stoppages included the company's base plant at Wolfsburg, where workers protested against a cost-cutting drive by the car maker's management which includes the threat of plant closures in Germany.

Canada

Trump and Trudeau discussed border and trade following tariff threats

US President-elect Donald Trump and Canadian Prime Minister Justin Trudeau met in Florida to discuss concerns about drugs and migrant flows.

Stay updated with the latest news on tariffs, including policy changes, economic impact, and global trade implications. Our coverage provides expert insights and thorough analysis on how tariffs are shaping international markets.