Meta's CEO likens the EU's antitrust penalties to tariffs and claims that Brussels is disrupting…
Tag: tariffs
Chinese retailer Temu is under fire for selling a T-shirt with a slogan deemed insensitive to the Cyprus conflict. This controversy coincides with increased EU scrutiny of low-cost online imports, potentially impacting Temu's European market share.
The election of Donald Trump as U.S. President could negatively impact both American and European economies if his campaign promises are enacted, warned Yannis Stournaras, Governor of the Bank of Greece and ECB board member. Speaking at a public debt conference, Stournaras highlighted potential inflation and public debt rises in the U.S., alongside growth slowdowns and euro exchange rate fluctuations in Europe. He emphasized that the ECB’s monetary policy remains unchanged until more concrete policy details are revealed.
On Wednesday, the dollar surged around 1.5 per cent against the yen and the euro…
The EU will impose tariffs up to 37.6% on Chinese electric vehicle imports from July 5, citing subsidies. This move underscores EU efforts to counter unfair trade practices and protect domestic industries.
Israel's Finance Minister, Bezalel Smotrich, announced on Thursday that Israel will terminate its free trade…