Author: staff
Global financial markets plunged into turmoil after US President Donald Trump unveiled sweeping new tariffs on key trading partners, fuelling investor fears of a wave of retaliatory measures and a synchronised economic slowdown.Trump opted to apply levies calibrated to match half of the duties imposed by foreign governments on American goods. Yet, in a controversial twist, the White House also included indirect trade barriers in its calculations, such as VAT charges, product bans, subsidies, and alleged currency manipulation.Key US partners will witness a spike in their duties: China faces a 34% tariff, Japan 24%, and the European Union 20%. Canada…
Sky News’ Sam Coates and Politico’s Anne McElvoy present their guide to the day ahead in British politics. As the world scrambles to react to the biggest single shift in US economic and foreign policy in decades, why are some in Number 10 feeling “vindication” over Donald Trump’s new tariffs? As leaders worldwide scramble to pick up the pieces this morning and understand what it means politically as well as economically, Keir Starmer will tell a group of business leaders to keep calm and carry on. 👉Listen to Politics at Sam and Anne’s on your podcast app👈
Social media users are claiming that Estonia, Latvia and Lithuania have come out against a ceasefire in Russia’s war in Ukraine, as talks to bring about a temporary halt stall.One post on X says that the countries are “afraid” that an “undefeated” Russian army will invade them once a ceasefire is reached in Ukraine.Another says that the Baltic states believe a ceasefire would give Moscow time to rearm and turn its attention to its borders with NATO.Others share images that appear to depict Russian forces advancing towards Estonia, Latvia and Lithuania.But the spirit of many of these posts ranges from…
Time is ticking for TikTok’s future in the United States, as a Saturday deadline could see the video-sharing platform banned in the country. But that scenario appears unlikely as President Donald Trump has teased a last-minute deal to save it. It comes after the US Supreme Court upheld a ruling on January 17 that TikTok was a risk to national security due to its ties to China and required TikTok’s parent company ByteDance to sell to a US owner or face a ban in the country. On January 19, TikTok “went dark” for American users as the law took effect, but a day…
Nintendo has revealed the first details of its next games console, the Switch 2.In an hour-long presentation, the Japanese video game company showed excited fans the first glimpses of games, its launch date, and the mystery behind the C button. Available to purchase from 5 June this year, the Switch 2 is the long-awaited successor to Nintendo’s beloved Switch console. The Switch was launched back in 2017 as a rival to Sony’s PlayStation 4 and Microsoft’s Xbox One. Since then, it has had to compete with the ninth generation of consoles from both companies, the PlayStation 5 and the Xbox…
While France has “always had a cold relationship with the United States … no Italian government has ever questioned the relationship with the U.S. on defense,” Italian General Leonardo Tricarico, who was military advisor to several prime ministers, told POLITICO. After Italy’s defeat in World War II, added the person quoted above, “we learned forever that there is not a place for us as a global superpower. We can play a role everywhere in the world, but we can do it only if we are together with the U.S. Certainly we must also do it within the EU — but not…
European companies should not feel compelled to abandon their values, management practices, or commitment to diversity and workplace care, French Green MEP Majdouline Sbai tells Radio Schuman today.Her remarks came in response to letters from the US administration to several European embassies, urging suppliers to eliminate diversity, equity, and inclusion (DEI) measures to maintain their contracts in the US. This move follows the Trump administration’s broader efforts to dismantle DEI policies across federal agencies, contractors, the private sector, universities, and international grant recipients. The strongest responses came from France and Belgium, with Belgian Deputy Prime Minister Jan Jambon asserting that…
Updated: 03/04/2025 – 8:13 GMT+2Watches & Wonders, the premier fine watchmaking event, has opened in Geneva with a record 60 brands participating. High-profile attendees include freestyle ski champion Eileen Gu and former NBA star Derrick Rose. … More
United States President Donald Trump’s “Liberation Day” of tariffs on foreign imports has roiled the markets and caused upset across the Atlantic. But is there anything opposition Democrats can do to curtail an all-powerful president? Host Anne McElvoy talks to Sen. Mark Kelly, former NASA astronaut and naval officer, who is one of the few prominent Democrats taking the fight to the Trump administration with gusto. Kelly’s criticism of the president’s approach to Ukraine turned into an ugly spat with Elon Musk, who called him a “traitor.” The politician from Arizona sits on the Senate’s influential Armed Services and Intelligence committees,…
Following years of reform and European assistance, the five Central Asian countries – Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan – are embarking on a strategic pivot towards Europe.The EU is seeking reliable partners in the current rapidly changing geopolitical reality. This is for political and also economic reasons, such as trade, investment and energy.On Thursday and Friday, the Uzbek city of Samarkand will host the first-ever high level meeting between the EU and the Central Asian countries.Euronews’ is on the ground bringing you the latest updates from the summit, which Uzbekistan’s president Shavkat Mirziyoyev, the summit’s host, called a “historic…