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Giorgia Meloni says it is her responsibility to defend transatlantic unity in face of looming US levies Italy’s prime minister, Giorgia Meloni, has called for a “reasoned” approach to an escalating tariff war between the EU and the US and repeated the …
In May 2022, the European Commission presented REPowerEU, a plan to make the EU independent from Russian fossil fuels well before 2030, using the Next Generation EU funds.
Ministers seek carve-out from import taxes before 2 April deadline – but critics believe they have offered too many concessionsMinisters and senior officials at every level of government are holding talks with US counterparts this weekend in a last-dit…
Russia’s full-scale invasion of Ukraine, now past its third anniversary, has had a far-reaching human and economic impact.
China wants to protect against the volatility of Trump’s tariffs, and now has more than a dozen free trade agreements with global south countriesChinese vice-premier Ding Xuexiang has pledged to give stronger policy support to the Chinese economy as he…
Chancellor says UK not planning retaliatory tariffs on US ‘at the moment’ while PM calls move ‘very concerning’Business live – latest updatesUK politics live – latest updatesEurope live – latest updatesRachel Reeves has said the UK is not immediately p…
Labour MP and Lib Dem leader express concern social media companies could be let off hook just as benefits are cutKeir Starmer has been warned against “appeasing” Donald Trump as he considers reducing a major tax for US tech companies while cutting dis…
Congressman says ‘unwavering’ support remains for Aukus from US Congress, administration and navyGet our breaking news email, free app or daily news podcastDemocratic congressman Joe Courtney believes Donald Trump may “back off” from some of his sweep…
In 1947, drawing on the lessons learnt from the global economic damage caused by trade protectionism and tariff wars prior to World War II, 23 countries, including the United States, initiated the General Agreement on Tariffs and Trade (GATT) as a platform for multilateral negotiations aimed at liberalising and boosting global trade.
Report co-authored by Irish government also finds tariffs could cause job losses and relocation of US multinationalsBusiness live – latest updatesA trade war between the US and the EU could cost Ireland more than €18bn (£15bn), trigger waves of job los…