Italian Prime Minister Giorgia Meloni has issued a strong warning against the possibility of a trade war between Western allies. Her statement comes at a time of rising economic tension following recent tariff announcements from the United States. Speaking on the matter, Meloni said, “A trade

The European Union has decided to delay its planned retaliatory tariffs on American goods, giving both sides until August 1 to reach a negotiated settlement and avoid a broader trade conflict. The tariffs, which were due to take effect on July 15, targeted €21 billion worth of US exports including steel, aluminium, food products, motorcycles, […]

The European Union and Mexico have strongly criticised US President Donald Trump’s announcement to impose a 30% tariff on imports from their countries, effective August 1. Both regions have expressed deep concern over the economic and diplomatic consequences of the proposed measure. EU Warns of Economic Fallout European officials warned that the 30% tariff would […]

US stock markets edged lower on Friday after President Donald Trump signaled a possible 35% tariff on Canadian imports and hinted at new duties targeting the European Union. The announcement has sparked fresh concerns over trade tensions among global investors. Indices Retreat from Record Highs The Dow Jones Industrial Average fell by around 0.6%, the […]

The European Union has issued a strong warning against potential U.S. tariffs, stating it will “respond firmly” if its industries are unfairly targeted. The statement comes after the U.S. administration imposed tariffs on imports from key trading partners, including Canada, Mexico, and China, sparking concerns over escalating trade tensions. EU’s Stand Against

Despite new US sanctions on Russian energy, the EU's imports of Russian LNG have reached record levels, while India's oil and gas imports face potential disruptions.