Fresh off a rally in Pennsylvania, where he lauded a major steel investment deal, President Donald Trump announced plans to double existing tariffs on imported steel and aluminum from 25% to 50%. The move, set to take effect in early June, is ostensibly designed to bolster domestic metal producers...

Germany’s newly formed coalition government has announced plans to introduce a 10% levy on the digital revenues of major online platforms operating within its borders, a move aimed squarely at industry leaders such as Google and Facebook. The tax, slated for implementation early next year, is...

A landmark decision by the U.S. Court of International Trade has thrown President Donald Trump’s signature tariff program into disarray, ruling that his broad-based levies imposed under emergency economic powers exceeded presidential authority. The unanimous three-judge panel concluded that the...

The European Commission (EC) announced on Wednesday that the European Union and the United Arab Emirates (UAE) have officially begun discussions on a bilateral free trade agreement. The commencement of trade talks between the EU and the UAE marks a significant milestone. EC chief Ursula von der...

Major U.S. banks are edging into the cryptocurrency arena, driven by a mix of client demand, revenue diversification, and the promise of blockchain-powered efficiencies. While regulators have offered cautious encouragement, banks remain wary of committing heavily until they receive clearer...

Brussels has quietly instructed Europe’s leading corporations to disclose detailed information on their planned and ongoing investments in the United States, a move timed to coincide with an accelerated push to finalize complex trade negotiations with Washington. This unprecedented request,...

According to a forecast by analysts at Citigroup Inc., the gold price could stabilize between $3100 and $3500 per troy ounce in the near term because of rising trade tensions and elevated geopolitical risks. The bank's earlier short-term prediction indicated that gold would trade between $3,000 and...

President Donald Trump’s sudden declaration of a 50% tariff on all goods imported from the European Union—a stance he announced via social media—has quickly reverberated across both sides of the Atlantic, prompting warnings of swift retaliation, market turbulence, and far-reaching consequences for...

Retail figures released this week have offered a welcome reprieve to policymakers and businesses alike, suggesting that Britain’s economy may be gathering positive momentum after a sluggish start to 2025. April retail sales volumes jumped by 1.2% month-on-month—far exceeding most forecasts—and this...