tariffs

IMF chief economist says globalization is ‘transformed,’ not dead

The International Monetary Fund's chief economist, Pierre-Olivier Gourinchas, said Friday that globalization is not dead but is being "transformed," pushing back against growing narratives that the era of global economic integration has come to an end.

Trump threatens 100% tariff on countries with digital services taxes

President Donald Trump on Friday threatened to impose a 100% tariff on all goods imported from any country that levies a digital services tax on American companies, escalating a long-running dispute with European nations over the taxation of U.S. technology…

EU steel exports plunge 33% as trade tensions mount

The European Union's steel imports fell sharply in the first quarter of 2026, declining 23 percent year-on-year, according to the latest quarterly report from the European Steel Association (EUROFER), as the bloc's steel sector contends with deepening global trade frictions…

EU indefinitely extends tariff freeze in Boeing-Airbus dispute

EU member states voted on Thursday to extend the suspension of retaliatory tariffs on $4 billion worth of American imports, preserving a fragile truce in the decades-long transatlantic trade conflict over subsidies to Boeing The Boeing Company and Airbus.

Chinese EV stocks tumble on planned EU hybrid tariffs

The European Commission is preparing to impose countervailing duties on plug-in hybrid vehicles imported from China, closing a loophole that had allowed Chinese automakers to bypass the steep tariffs already levied on battery electric vehicles. The news, first reported by…

US allies forge closer China ties as Trump wraps Beijing summit

As President Donald Trump concluded a two-day state visit to Beijing this week, a parallel trend has drawn scrutiny from foreign policy analysts: several of Washington's closest allies have been independently building stronger trade and diplomatic relationships with China, driven…

Trump gives EU until July 4 to ratify trade deal

President Donald Trump on Thursday issued a new ultimatum to the European Union, giving the bloc until July 4 — the 250th anniversary of American independence — to ratify a trade framework agreed last summer or face escalated tariffs. The…