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What Trump’s 30% tariff threat means for the European Union — in charts
World

What Trump’s 30% tariff threat means for the European Union — in charts

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. […]

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‘To be free in this world, you must be feared’: France’s Macron calls for defense spending boost
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‘To be free in this world, you must be feared’: France’s Macron calls for defense spending boost

France’s President Emmanuel Macron arrives to deliver a speech to army leaders at l’Hôtel de Brienne in Paris on July 13, 2025, on the eve of the annual Bastille Day Parade in the French capital. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron on Sunday announced plans for a substantial increase in […]

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Wall Street sounds alarm on Europe’s economy over renewed U.S. tariff threat
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Wall Street sounds alarm on Europe’s economy over renewed U.S. tariff threat

U.S. President Donald Trump’s threat to impose a 30% tariff on European Union goods has investment banks warning that the move could trigger a “prolonged and deeper economic slowdown” across the continent and potentially force the European Central Bank to cut rates. Trump revealed the new rates in letters to European Commission President Ursula von […]

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With an exodus of millionaires, businesses and workers, has London lost its spark?
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With an exodus of millionaires, businesses and workers, has London lost its spark?

Fireworks light up the London skyline and Big Ben just after midnight on Jan. 1, 2025. Carl Court | Getty Images News | Getty Images London, the jewel in the crown of the U.K.’s economy and national culture, has taken a bit of a battering lately, with big business looking to expand elsewhere, workers looking […]

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European markets expected to head south after Trump slaps 30% tariff on EU
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European markets expected to head south after Trump slaps 30% tariff on EU

Here’s a quick dive on EU-US trade Cargo shipping containers wait to be loaded by cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025. Fabian Bimmer | Afp | Getty Images Following President Trump’s decision to impose 30% tariffs on imports from the EU […]

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Tariffs are hitting European firms hard. Here are the sectors to watch as earnings kick off
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Tariffs are hitting European firms hard. Here are the sectors to watch as earnings kick off

Key Points Second-quarter earnings are set to be reported against a background of macro-economic uncertainty governed by U.S. President Donald Trump’s trade tariffs. Energy, the cyclical consumer and the financial sector will be some of the most closely watched in European markets this reporting season. Earnings per share across Europe’s benchmark Stoxx 600 are expected […]

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Chinese car brands are rapidly making inroads in Europe’s EV utopia
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Chinese car brands are rapidly making inroads in Europe’s EV utopia

Oslo Taxi’s NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drives through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images OSLO, Norway — China is hoovering up market share in electric vehicle-friendly Norway, posing significant competition to Elon Musk’s Tesla and other Western […]

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Bitcoin hits new all-time highs as it crosses past 0,000, fueled by ETF inflows
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Bitcoin hits new all-time highs as it crosses past $120,000, fueled by ETF inflows

This photograph shows Bitcoin stickers displayed at the microbrewery and bar La Fracasse, in Talence, on the outskirts of Bordeaux, south-western France on June 26, 2025. Christophe Archambault | Afp | Getty Images Bitcoin extended a rally to rise to a new record above $120,000 Monday, fueled by a rally in bitcoin ETFs. The price […]

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China’s exports beat expectations in June, while imports rebound for the first time this year
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China’s exports beat expectations in June, while imports rebound for the first time this year

A cargo ship loads and unloads containers at the Qianwan Container Terminal of Qingdao Port in Qingdao City, Shandong Province, China, on July 10, 2025. Costfoto | Nurphoto | Getty Images China’s exports beat expectations in June as businesses continued to rush out shipments to capitalize on a temporary tariff reprieve ahead of an August […]

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CNBC Daily Open: Surprise tariff salvo on Saturday
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CNBC Daily Open: Surprise tariff salvo on Saturday

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 […]

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