Key Points The U.S. and EU have the largest bilateral trade and investment relationship in the world, representing almost 30% of global trade in goods and services. Last year alone, the value of EU-U.S. trade amounted to 1.68 trillion euros ($1.96 trillion). That’s the equivalent of roughly 4.6 billion euros of trade per day. U.S….
China’s exports saw a stronger-than-anticipated increase in June, according to official data released Monday. The rebound comes after a tentative agreement between Washington and Beijing to ease steep tariffs imposed during their prolonged trade dispute, News.Az reports, citing foreign media. Data from the General Administration of Customs said exports climbed 5.8 percent year-on-year, topping the…
President Donald Trump participates in a round table event at the Hill Country Youth Event Center to discuss last week’s flash flooding on July 11, 2025 in Kerrville, Texas. Chip Somodevilla | Getty Images No one likes working over the weekend. Unless you are the leader of the free world firing off social media posts…
You’ve got to raise an eyebrow at the chutzpah of the United States demanding to know how Australia would behave militarily in the event of a Chinese conflict with Taiwan when its own president is the epitome of unreliable and unpredictable. It’s the equivalent of one partner in a marriage demanding that they receive an…
Anthony Albanese will use high-profile meetings with top business leaders in Shanghai today to heap praise on the Australian-Chinese economic relationship, while promising to back industry efforts to decarbonise China’s huge steel sector. Australian exports of coal and iron ore have been critical to China’s massive construction boom and poured hundreds of billions of dollars…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…
The ongoing US-China trade talks have placed fentanyl—a deadly synthetic opioid—at the heart of economic diplomacy, underscoring how a public health emergency has become a central bargaining chip in global commerce. The Trump administration has repeatedly accused China of enabling the flow of fentanyl and its chemical precursors into the United States, leading to a…
A stack of old mobile phones are seen before recycling process in Kocaeli, Turkiye on October 14, 2024. Anadolu | Anadolu | Getty Images As the U.S. and China vie for economic, technological and geopolitical supremacy, the critical elements and metals embedded in technology from consumer to industrial and military markets have become a pawn…
European leaders on Saturday responded to President Donald Trump‘s announcement that he would apply a 30 percent tariff on goods from the European Union (EU) effective August 1. In a statement issued midday on Saturday, European Commission President Ursula von der Leyen stressed the EU’s commitment to “dialogue, stability, and a constructive transatlantic partnership.” Leaders…
European Union leaders are sounding off on the 30% tariffs U.S. President Donald Trump threatened to impose on the trade bloc, with most emphasizing the need for unity, constructive dialogue and their readiness to work toward an agreement by Aug. 1. “Imposing 30% tariffs on EU exports would disrupt essential transatlantic supply chains, to the…