Trump’s tariffs represent a direct break from the post-WWII global trade framework that prioritized negotiated, reciprocal tariff reductions.
Oil prices fell by 8% on Friday, heading toward their lowest close since the height of the COVID-19 pandemic in 2021, as China hit back in an escalating global trade war with the United States following a barrage of tariffs announced earlier this week by President Donald Trump. Brent crude futures dropped by $5.30, or […]
Tourism experts say major travel trend changes won’t happen right away, as the effects of new U.S tariffs and any global responses will take time to show in the economy.
In addition to tariffs and export bans, Beijing added 11 American companies and entities to its "unreliable entity" list
In total, Greek food exports make up around 31% of the country’s export basket to the U.S., with table olives alone representing €212 million of that value
The looming tariffs add a layer of uncertainty for a product that is not only an economic engine for rural Greek communities but also a point of national pride
Investors who think the return to high tariffs will hammer the economy into recession should expect much bigger falls in stocks and bond yields
As political pundits and commentators are trying to analyze the possible negative impact of U.S. President Donald Trump’s tariffs on sectors of the global economy, the Piraeus Chamber of Commerce expressed serious concern over the potential consequences of these measures on European products. The tariffs, aimed at reducing the U.S. trade deficit, are expected to […]
Senate considers measure to revoke emergency declaration used to impose tariffs on Canada
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Trump’s sweeping new tariffs spark global backlash, with countries from Germany to China warning of trade wars and vowing calm or countermeasures.
The president wants companies to return production to the U.S., but it won’t be easy
The president unveiled the new plan at a Rose Garden ceremony
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
It will be negative the world over and the density and the durability of the impact will vary depending on the scope, on the products targeted, on how long it lasts, on whether or not there are negotiations," said European Central Bank President Christine Lagarde in a Wednesday interview with Ireland's Newstalk radio
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Beijing, Seoul, and Tokyo all maintain major trading partnerships with the U.S., but they have also faced tensions among themselves, including disputes over historical issues, territorial claims, and Japan’s release of wastewater from the Fukushima nuclear disaster site
President leaves little room for exempting Canada or Mexico
Damage could ripple far beyond whiskey and Champagne, American business group warns