‘Europe Is Prepared To Respond,’ European Union Ramps Up Counters Against US Tariffs

The European Union (EU) has announced its readiness to implement countermeasures in response to new tariffs imposed by U.S. President Donald Trump, escalating tensions in transatlantic trade.The tariffs, which include a 20% levy on European goods and a 25% tariff on automobiles made outside the U.S., are set to take effect next week.European Commission President Ursula von der Leyen emphasized

April 3, 2025
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Trump Slaps 25% Hefty Tariff On Imported Automobiles

President Donald Trump has announced a significant escalation in U.S. trade policy by implementing a 25% tariff on imported automobiles, effective April 2, 2025.This move aims to bolster domestic manufacturing and is expected to generate approximately $100 billion in annual tax revenue. Trump emphasised that this tariff is "permanent," indicating a long-term commitment to reshaping U.S. trade

March 27, 2025
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India-EU FTA Game Changer For German Industries, Investment Into India: German Envoy Philip Ackermann

German Ambassador to India, Philip Ackermann, has expressed optimism regarding the India-EU Free Trade Agreement (FTA), describing it as a potential "game changer" for German industries and a significant catalyst for increased investment in India.In a recent interview, Ackermann highlighted that the ongoing negotiations aim to meet a deadline by the end of 2025, which he believes is achievable

March 24, 2025
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