Business
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EU retaliation proposal expected Monday, amid differing opinions on best response
European Union countries will seek to present a united front on Monday in the first EU-wide political meeting since Trump’s announcement…
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Musk says he hopes for ‘zero tariffs’ between US and Europe
U.S. tech-billionaire Elon Musk said on Saturday he hoped in future to see complete freedom of trade between the United…
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Trump declares “economic revolution” amid warnings of looming U.S. and global recession
US President Donald Trump on Saturday doubled down on the sweeping tariffs he unleashed on countries around the world, warning…
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China will continue to take resolute measures to safeguard development interests, government says
China said on Saturday “the market has spoken” in rejecting U.S. President Donald Trump’s tariffs, and called on Washington for…
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Italy warns against counter-tariffs on U.S., as it aims for a “de-escalation”
Italian Economy Minister Giancarlo Giorgetti warned on Saturday against the imposition of retaliatory tariffs on the United States in response…
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Trump’s baseline tariff plays to Turkey’s advantage to access the American market, vice president says
The relatively low 10% baseline tariff that the United States has applied to Turkey could favour Turkish exporters, Turkey’s vice…
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South Korea, China industry ministers agree to cooperate amid US tariff threats
The industry ministers of South Korea and China met on Saturday to discuss the evolving global trade environment and agreed…
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China, EU discuss ‘level playing field’ on trade, EU’s Sefcovic says
Chinese Commerce Minister Wang Wentao met visiting European Trade and Economic Security Commissioner Maros Sefcovic for a discussion that Sefcovic…
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Musk’s social media firm X bought by his AI company, integration could facilitate Grok training
Elon Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion and allows…
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Elon Musk Says XAI Startup Buying X Platform
Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal…
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