Keywords: Trade tensions


Draghi warns EU needs true federation or faces decline

Mario Draghi, former Italian prime minister, delivered a stark warning during a ceremony at KU Leuven University in Belgium, where he received an honorary doctorate. Europe risks becoming "subordinate, divided, and deindustrialized" unless it evolves from a loose confederation into a genuine......

German chancellor Merz says weak dollar burdens exports

Chancellor Friedrich Merz expressed concern Wednesday over the weakening US dollar, calling it a "considerable additional burden for German exporting industry." He urged Washington to honor its trade commitments with the European Union. "We will have to assert ourselves globally against......

Donald Trump announces 25% tariffs on South Korean products

Former U.S. president Donald Trump announced that several South Korean products will now face tariffs of up to 25%, citing delays by the South Korean Parliament in ratifying a bilateral trade agreement. The decision marks a new escalation in trade tensions between Washington and Seoul. In a statement......

Trump threatens Canada with 100% tariffs over potential trade deal with China

US President Donald Trump has warned that Canada could face tariffs of up to 100% on its exports to the United States if Ottawa moves forward with a trade agreement with China. The threat follows Canada’s announcement of a preliminary commercial understanding with Beijing earlier this month. In......

Global leaders clash over trade, tariffs and technology at Davos

World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......

US Treasury yields hit four-month highs amid Japanese bond rout

US Treasury yields surged to their highest levels in over four months on Tuesday, triggered by a dramatic sell-off in Japan's bond market that rippled through global financial markets. This spike unfolded against rising Japanese budget concerns and fresh US-Europe trade tensions. The benchmark 10-year......

Silver surges to record high amid Trump's Greenland tariff threats

Silver prices soared to a fresh all-time peak of $94.73 per ounce on Monday, fueled by surging safe-haven demand as investors grappled with escalating trade tensions sparked by President Donald Trump's tariff threats over Greenland. The metal has rocketed more than 32% in January alone and around......

Trump's Greenland tariff threats trigger sharp US futures drop

US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......

Trump heads to Davos amid EU tariff tensions over Greenland

President Donald Trump is set to take center stage at the World Economic Forum in Davos, Switzerland, where escalating trade frictions with European allies over his renewed push to acquire Greenland threaten to overshadow the annual gathering of global leaders. The 56th forum, running from January 19......