The news that the Americans are planning a strategic investment to create an alternative trade…
Tag: trade war
The trade war between the United States and China has evolved from a tariff dispute…
President Trump’s 30% tariff on EU goods, effective August 1, 2025, escalates trade tensions, sparking fears of a global trade war. The move, aimed at addressing U.S. trade deficits, is likely to prompt EU retaliation and impact prices, with markets already showing volatility.
The view that the tariffs on the US-China trade relations are leading to a freeze…
On April 15, 2025, Prime Minister Kyriakos Mitsotakis met President Konstantinos Tassoulas at the Presidential Palace for their first monthly briefing. Mitsotakis stressed the need for a balanced EU-US trade agreement amid global tensions, expressing optimism for Greece’s economic future. Tassoulas warned against protectionism, emphasising the economy’s role in ensuring prosperity and social cohesion.
What has happened between the US and China is not just a tariff war, but…
The European Union, led by President Ursula von der Leyen, is prepared to impose taxes on U.S. tech giants like Meta and Google if trade negotiations with President Donald Trump break down. Highlighting a pivotal shift in global trade, Von der Leyen warned of escalating tensions and promised protective measures to shield EU markets from a flood of Chinese goods.
Greek Prime Minister Kyriakos Mitsotakis in an interview Breitbart News in the Maximos Mansion said…
The European Commission has announced that EU member states approved countermeasures against new US tariffs, effective next Tuesday. Targeting €21 billion in imports like motorcycles and agricultural goods, the measures respond to US tariffs on EU steel and aluminum, though the EU remains open to a fair, negotiated resolution.
The EU plans to impose tariffs of up to 25 percent on US goods like soybeans and motorcycles in response to American levies on metals, but has excluded bourbon to protect European wine and spirits from President Trump’s threatened 200-percent retaliatory duties, according to a document obtained by AFP.
European Central Bank policymaker Yannis Stournaras warned that rising inflation driven by U.S. tariffs could delay the ECB’s plans to normalize monetary policy. While Greece may face limited direct impact, broader global trade disruptions could affect exports and investor confidence.
Professor of Theory of State and Law, Dimitris Kaltsonis, examines the nature of the competition…
JPMorgan CEO Jamie Dimon warns that escalating global trade tensions could push the U.S. economy into a recession, drive up inflation, and weaken critical international alliances. In his annual letter to shareholders, Dimon urges swift resolution to tariff disputes and highlights broader geopolitical risks facing markets.
Greece is scrambling to protect its economy as Trump’s tariffs send shockwaves worldwide, with the Governmental Economic Policy Council meeting on April 7, 2025, to craft a defense strategy. While exports like feta and olive oil face direct pressure, a potential EU slowdown and global recession threaten tourism and trade, prompting Prime Minister Mitsotakis to prioritise national stability amid escalating tensions.
The European Union is considering a bold response to Donald Trump’s 20% tariffs, with analysts pointing to a potential strike against U.S. tech giants like Apple and Google. As negotiations falter, the EU could wield its market power to inflict pain on Wall Street, though such a move risks harming its own consumers and escalating tensions.
The US has imposed a new 10% tariff on imports from nearly every country starting April 5, 2025, with steeper rates—up to 54%—hitting nations like China by April 9. President Trump calls it a fix for the trade deficit, but as markets lose trillions and China retaliates, critics warn of a 1930s-style trade crisis.
The Athens Stock Exchange plunged nearly 8% this week, with a sharp 4.8% drop on Friday, as global trade tensions escalated following U.S. President Donald Trump’s imposition of “reciprocal” tariffs. Mirroring the turmoil across European markets, the General Index closed at 1,597.55 points, while the banking sector suffered a 7.15% decline. Analysts warn of a looming trade war, with China’s retaliatory 34% tariffs on U.S. goods and Europe’s expected response deepening fears of a global recession.
Donald Trump has announced sweeping tariffs ranging from 10% to 49% on U.S. trade partners worldwide, with the European Union facing a 20% tariff and the UK 10%. In a landmark speech, Trump declared it a “historic day” for American industry, reinforcing his “America First” policy while predicting global backlash.
Today, the world awaits Donald Trump’s tariff announcements from the White House Rose Garden, set for 23:00 Greece time, as Greek wine producers brace for the fallout.
The EU’s top trade negotiator warns of 20% tariffs from the Trump Administration next week, sparking fears of a transatlantic trade war. Set to begin around April 2, the move could hike costs for EU exporters, trigger retaliatory duties on $19.6 billion of U.S. goods, and strain diplomatic ties, with key sectors like automotive and tech caught in the crossfire.
Defence Minister Bill Blair tasked with assessing whether the $85-million-per-plane contract is the best choice for Canada
Greece is closely watching potential U.S. tariffs on the European Union, fearing secondary economic impacts, particularly on tourism. While Greek exports to the U.S. are relatively small, officials worry that a trade war could reduce European consumer spending and harm Greece’s vital tourism sector. With rising competition for Greek goods, the government is focusing on boosting investment and exploring new markets.
US President Donald Trump confirmed his intention to impose tariffs on goods from the European Union, criticizing the EU’s treatment of the US and promising “substantial” action. This announcement coincides with new tariffs on Canada, Mexico, and China, escalating trade tensions and raising concerns about a global trade war.
With the war on the ground in Ukraine continuing into its second week, along with…
The Head of the Parliamentary Budget Office, Fragkiskos Koutentakis said on Thursday that the Greek…
