The deepening worries over President Donald Trump’s trade war initially helped pull Japan’s Nikkei 225 share index down 5.6%. By mid-morning in Tokyo, it was down 4.2% at 33,148.45.
The yen surged against the US dollar, which also lost value against the euro.
One dollar bought…
The European Commission’s upcoming Digital Fairness Act will not only strengthen protections for consumers online, but also ease legal and administrative burdens for businesses, according to Justice Commissioner Michael McGrath.
A tariff storm was brewing — and then, just like that, the forecast changed. Donald Trump shocked everyone by pausing his planned tariffs for 90 days (for all countries except China), throwing global markets a lifeline and leaving the EU wondering what game he’s…
European allies have announced a “surge” of military support for Ukraine, with the British government unveiling £450m ($580m) in UK-led aid. The support is partly aimed at strengthening the country’s position ahead of any peace deal…
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Six people, including three children, were killed after a helicopter carrying a family of tourists crashed into the Hudson River in New York, authorities have said.
The family of five was from Spain and the sixth person was the pilot, New York City Mayor Eric Adams told reporters on Thursday….
“There is a great sense of positivity and also eagerness and dedication to have this concluded sooner rather than later from both the sides,” Sitharaman told reporters at a joint briefing following the discussions.
But Trump’s trade war won’t see India “rush” into a deal,
Officials signaled that these back-up options will dominate corridor chats in Warsaw.
“What we are going to move towards is the global trade war, which reduces global growth, reduces the ability of countries to keep inflation under control,” Fabian Zuleeg, the chief executive of the…
BRUSSELS — The European Union doesn’t really do knee-jerk reactions. And when it comes to trade wars, it prepares its case, builds a consensus among its members — and saves its most painful retaliation until last.
Donald Trump’s unprecedented tariff onslaught is no exception.
Just…
One government figure, granted anonymity to speak about a sensitive area of policy, told POLITICO the key focus of negotiation, at least in the short term, will be the steep sectoral tariffs on steel and automobiles.
There is some optimism about Britain’s prospects of getting a deal on…