European powers moved quickly Saturday to organize a unified response after President Trump announced a 15% tariff on all global imports, one day after the Supreme Court struck down his …
Business
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Behind British Steel’s announcement of a major new contract to supply rail to Turkey lies a significant piece of government support. UK Export Finance, the UK’s export credit agency, played …
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Trade Policy Effectiveness: US Tariff Achieves Intended Deterrent Effect on Russian Crude
by admin477351The effectiveness of US trade policy in influencing India’s crude procurement became evident in 2025, with the 25% punitive tariff achieving its intended deterrent effect on Russian crude purchases. Data …
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European leaders reached agreement on “Buy European” policies during their competitiveness-focused Belgian summit. The gathering of 27 member states addressed Europe’s position through strategic industrial protection against global challenges. António …
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The Bank of England has maintained interest rates at 3.75%, with both dovish and hawkish committee members using the meeting minutes to present detailed arguments for their positions. This debate …
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Precious metals trading showed resilience Monday as gold and silver recovered from severe losses that had rattled financial centers worldwide. Gold advanced from an 8% plunge to $4,465 per ounce, …
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Liverpool has been selected as the location for Chinese carmaker Chery’s European research and development headquarters, bringing European commercial vehicle operations to Merseyside. The state-owned manufacturer will house research, engineering, …
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EasyJet has highlighted the regulatory uncertainty created by European Union baggage proposals, warning that unclear implementation could complicate airline planning and operations. The legislative initiative to mandate free cabin baggage …
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President Trump has unleashed a threat of 25% tariffs on South Korea, citing legislative inaction on a trade agreement both countries negotiated last year. The announcement encompasses major export categories …
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Germany is reviewing concerns surrounding its overseas gold storage amid rising global tensions. Economists are reassessing long-held assumptions. A large share of Germany’s gold is stored in the United States. …