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Economy

China's economy slows in April as trade war blues hit retail sales

China’s economy showed signs of slowing in April as President Donald Trump's trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast.

Europe News

'It's extremely encouraging,' Eurogroup president says on US-China trade rollback

Eurogroup President and Irish Finance Minister Paschal Donohoe welcomed the move of the United States and China agreeing to drastically roll back tariffs for 90 days. In an exclusive interview with Euronews, he called it a promising development for EU–US relations.

Markets

Investors wary as Trump says China removing non-tariff trade barriers

Trump stated that China had agreed to remove non-tariff trade barriers, likely referring to the country’s rare earth export controls imposed on the US in April. The market rally appears to be pausing, as investors await further details of the US-China trade agreement.

Economy

US and China announce substantial reductions in tariffs for 90 days

The US and China agreed to lower tariffs for 90 days on Monday, as the world’s two biggest economies attempt to cool an escalating trade war.

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Markets

Stocks jump, gold tumbles as US and China trade talks progress

An agreement from the US and China to reduce tariffs for 90 days has boosted European markets after global indexes rallied hours earlier on hopes of a breakthrough.

Switzerland

The US and China begin tariff talks in Geneva

Tariff talks begin between US and Chinese officials in Switzerland on Saturday. This follows US President Donald Trump increasing US tariffs on China to a combined 145%, and China retaliating by hitting America with a 125% levy last month.

Economy

Euroviews. Is this the end of US exceptionalism and start of European rebirth?

Say hello to the multipolar world in which China is rapidly becoming a pole of economic and military power. Meanwhile, the old continent is struggling to speak with one voice and remain relevant, Philippe Gijsels writes.

Economy

China's exports to the US sink but beat forecasts as tariffs bite

The data, which arrives just ahead of tariff talks between Washington and Beijing, shows a diversion of Chinese goods away from the United States.

Economy

China launches measures to boost economy while planning US trade talks

At the moment, US tariffs against China are up to 145%, whereas China has imposed levies of up to 125% on imports from the US.

Tech News

US robot makers fear Trump tariffs may impact humanoid race with China

Elon Musk warned investors last week that China's countermeasures restricting shipments of rare earth magnets will delay Tesla's development of its Optimus humanoid robots.

Economy

China evaluating US offers for trade talks but tariff obstacle remains

China’s Commerce Ministry said on Friday that Beijing is evaluating multiple approaches by the Trump administration for trade talks.

Economy

China’s manufacturing drops to a 16-month low as Trump’s tariffs bite

China’s factory activity in April fell to its lowest level since December 2023 as US tariffs weighed on business sentiment. Analysts noted that importers have now adopted a “wait-and-see” approach after Chinese manufacturers rushed to complete orders in March.

Business

Trump claims China meeting despite Beijing denying trade talks

Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April.

Economy

Markets rebound as Trump signals cutting China tariffs 'substantially'

Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.

Markets

Gold price hits record high: What’s behind the precious metal’s rally?

Gold prices have surged almost 31% so far this year already, driven by rising safe haven demand and an increasingly volatile global economy.

EuroVerify

Are Europe's luxury handbags all produced in China?

The US and China’s ongoing trade war has taken to TikTok and European fashion houses have found themselves sandwiched in the middle.

Tech News

Countries are preparing for digital attacks. What are the risks?

Experts in the United States, in particular, are calling for a more muscular approach to protect their digital frontier.

Economy

China vows retaliation against countries supporting US trade isolation

Beijing has vowed to retaliate if other countries strike trade deals with the United States at the expense of China’s interests, in response to news that the Trump administration is pressuring trading partners to isolate China in negotiations.

Business

Chinese exporters seek new markets to offset US tariff impact

Key to this are trade fairs, where many can showcase their products and create sales channels to offset tariff impacts, with the end goal of finding other opportunities beyond traditional markets like the US.

Business

Donald Trump announces fees on Chinese-built vessels at US ports

The Trump administration announced new fees on Chinese-built vessels on Thursday, stating that the move aims to "begin to reverse Chinese dominance, address threats to the US supply chain, and send a demand signal for US-built ships."