This is Beirut, 10/04 13:50 - Reading : less than a minute
Donald Trump European Union USA
EU chief Ursula von der Leyen said Thursday the bloc will suspend a planned package of tariffs on US goods "to give negotiations a chance" after President Donald Trump's U-turn on massive duties. "While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for ...
This is Beirut, 09/04 19:16 - Reading : 3 minute(s)
European Union Donald Trump United States
The EU on Wednesday adopted its first measures hitting back at President Donald Trump's tariff onslaught, targeting more than 20 billion euros of US goods, including soybeans, motorcycles, and beauty products. The levies of up to 25 percent are retaliation for US duties on steel and aluminum imposed last month -- with Europe's response to ...
This is Beirut, 08/04 17:25 - Reading : 4 minute(s)
United States Trade World Trade Organization European Economic Community European Union
As the world reels from US President Donald Trump's tariff onslaught, here is a look back at some major trade wars since the 19th century: 19th century Opium Wars In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China against the British Empire. The first began in 1839, when Britain ...
This is Beirut, 08/04 16:00 - Reading : 3 minute(s)
European Union USA Donald Trump Tariffs
The EU plans tariffs of up to 25 percent on US goods in retaliation for levies on metals but will spare bourbon to shield European wine and spirits from reprisals, according to a document seen by AFP on Tuesday. The proposed tariffs –drawn up since President Donald Trump's duties on steel and aluminum took effect last month –aim to show EU ...
This is Beirut, 07/04 17:05 - Reading : 2 minute(s)
European Commission European Union United States Trade Tariffs
European Commission President Ursula von der Leyen said on Monday the EU had offered the United States a bilateral tariff exemption for cars and other industrial goods as it works to avert an all-out transatlantic trade war. "We stand ready to negotiate with the United States. Indeed, we have offered zero-for-zero tariffs for industrial goods, as ...
This is Beirut, 07/04 15:35 - Reading : less than a minute
Donald Trump European Union USA Global economy Tariffs
Global markets are reeling from Donald Trump's trade war and Chinese retaliation, causing serious concerns for the global economy. After two days of decline, the European stock markets plunged to an all-time low, with indices such as the DAX and CAC 40 sharply down. In Asia, markets suffered a “Black Monday,” with Hong Kong recording its worst ...
This is Beirut, 04/04 13:05 - Reading : 6 minute(s)
European Union Central Asia Summit China Moscow
The EU announced a "new era" in ties with Central Asia on Friday at a major summit in Uzbekistan, as Brussels presses its influence in the region in the face of Russian and Chinese competition. Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit, with major powers to both the West and East sensing an opening. The ...
This is Beirut, 04/04 10:25 - Reading : less than a minute
Europe Donald Trump Banks Covid-19 European Union
European equities opened in the red on Friday, extending losses after US President Donald Trump's tariff offensive sparked a global stock market rout. Paris shed 0.9 percent to 7,533.26 points, Frankfurt fell 0.7 percent to 21,566.33 and London also dropped 0.7 percent to 8,416.32. Trump's harsher-than-expected "Liberation Day" levies sent ...
Christiane Tager, 04/04 09:30 - Reading : 5 minute(s)
Donald Trump European Union Banks Europe Turkey
President Donald Trump's recent decision to impose historic tariffs on 185 countries and territories, announced on Thursday, has reverberated across the global economy. The repercussions of these tariffs will be felt worldwide, with Arab countries being especially impacted. Among the hardest-hit nations are Syria, Iraq, Libya, Algeria and Tunisia, ...
This is Beirut, 03/04 15:50 - Reading : 3 minute(s)
Donald Trump European Union Europe New York United States
The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade, and suffered sharp losses also against ...
This is Beirut, 03/04 14:35 - Reading : 4 minute(s)
USA Donald Trump US Secretary of State Europe European Union
US Secretary of State Marco Rubio told nervous NATO members on Thursday that Washington remained committed to the alliance, but said they must agree to massively ramp up their spending targets for defense. President Donald Trump has rattled Europe by casting doubt on his willingness to defend all allies, and by reaching out to Russia over the war ...
This is Beirut, 02/04 14:25 - Reading : 2 minute(s)
Europe European Union Turkey United States
Azerbaijan on Wednesday insisted that arch-foe Armenia must meet Baku's "legitimate demands" before the Caucasus neighbours can sign a peace treaty, the text of which they agreed upon last month. The two ex-Soviet republics announced on March 14 they had wrapped up talks aimed at resolving their decades-long conflict, with both sides agreeing on ...