ING expects global economic slowdown in second half of 2025
The global economy will continue to grow in the second half of 2025, but at a slower pace, according to ING Belgium’s latest outlook. The slowdown is mainly driven by the trade
Tariff negotiations with US “advancing in the right direction,” says EU commissioner
Negotiations between the European Union and the United States on trade tariffs are “moving in the right direction,” European Trade commissioner Maroš Šefčovič said on Wednesday, following a meeting with U.S. Trade
US tariffs on steel and aluminum double to 50%
Trump’s 50 per cent tariffs on steel and aluminum imports came into effect on Wednesday. Trading partners around the world are voicing concern, and the EU still hopes to strike a deal
Trump wins temporary reprieve as he fights against court block on tariffs
US president rails against judges who ruled against him as appeals court grants pause until challenge is heard The Trump administration is racing to halt a major blow to the president’s sweeping tariffs after a US
Court of International Trade Halts Trump’s ‘Liberation Day’ Tariffs in Stinging Legal Defeat
As President Donald Trump embarks on his second term, the velocity of policy shifts emerging from Washington has alarmed, confused, and polarized observers across the Atlantic. Many transatlantic analysts continue to frame
Stocks push higher after a federal court halted Trump’s tariffs
Stock futures gained Thursday after a federal court ruled late Wednesday that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to
Trump delays EU tariff hike following call with von der Leyen
US president Donald Trump has agreed to postpone a planned tariff increase on European Union goods until 9 July, following a call with European Commission president Ursula von der Leyen. Trump had threatened
US president Trump threatens EU with 50% tariffs from June
US president Donald Trump has threatened on his social media channel Truth Social to impose 50 per cent import tariffs on goods from the European Union from 1 June. The announcement made
Belgium backs EU proposal for 2 euro import fee on small parcels
Belgium supports a proposal by European Trade Commissioner Maros Sefcovic to charge 2 euros for every small parcel entering the EU, Economy minister David Clarinval said at the EU Competitiveness Council in
Europe is losing appeal to foreign investors, survey shows
Europe has become less appealing to foreign investors over the past year, according to a survey by the consultancy firm EY. Traditionally strong performers such as France and Germany experienced a sharp
EU willing to spend €50 billion on US products to address trade deficit
The EU is ready to spend 50 billion euros more on US products to reduce its trade deficit with the country, according to trade commissioner Maros Sefcovic. The problem could be solved
Flemish companies bracing for economic downturn, survey shows
Flemish companies expect a bleak economic outlook for 2025, according to a new survey by employers’ organisation Voka. The survey, conducted among 750 firms, reveals that three-quarters of respondents fear they will
Trump’s first 100 days: Brazen moves and global tensions
During the first 100 days of his second term, US president Donald Trump has dominated international headlines. His attempts at rapprochement with Russia, growing rifts within the transatlantic alliance and controversial plans
IMF warns of ‘major negative shock’ from Trump’s tariffs
Lender cuts forecasts for every major economy, with UK expected to grow by 1.1% this year, down from 1.6% Donald Trump’s tariffs have unleashed a “major negative shock” into the world economy,
European Central Bank cuts eurozone interest rate for seventh time to 2.25%
The European Central Bank (ECB) has cut the eurozone interest rate for the seventh time since June 2024, reducing it by a further 0.25 percentage point to 2.25%. The ECB made the
European stock markets rebound due to temporary tariff exemption for electronics
The Brussels and other European stock markets opened with solid gains on Monday. They reacted to the decision by the US to exempt smartphones, computers and other electronics from their tariffs, including
Xi Jinping calls on EU to jointly resist ‘unilateral bullying’
Chinese president Xi Jinping has called on the EU to join China in opposing “unilateral bullying”, according to state news agency Xinhua. “China and Europe should shoulder their international responsibilities (…) and
Markets soar following Trump’s reversal on trade tariffs
The global market meltdown turned into euphoria on Thursday morning after Donald Trump’s about-turn on tariffs imposed on the rest of the world, with the exception of China. After triggering a global
Belgian company delays IPO over global market turmoil
Belgian company I-care Group is delaying its plans to enter the stock market due to the economic instability caused by US trade tariffs. The specialist in predictive maintenance for industrial machinery, based
US raises import tariffs on Chinese goods to 104 per cent as trade tensions escalate
The United States is raising its import tariffs on Chinese goods to a staggering 104 per cent, White House spokeswoman Karoline Leavitt announced on Fox Business. The measure will take effect on
European stock markets tumble after China announces 84 per cent tariffs on US goods
China will raise its tariffs on goods from the United States to 84 per cent from Thursday. The rise comes in response to the earlier US increase in tariffs to 104 per
Tariff battle pushes Brussels Bel20 index below 4,000 points
The Brussels stock exchange closed deep in the red again on Monday. The Bel20 index lost 3.99 per cent, dropping to 3,930.25 points, the first time since August 2024 that it closed
Asian stock markets plummet as US tariff fallout continues
Asian and Australian stock markets opened with heavy losses on Monday morning as the fallout from Donald Trump’s trade tariffs continues. Shortly after opening, the Nikkei in Tokyo was down 8 per
US: Trump delays auto tariffs for a month
The US president revised the 25% tariffs on goods from Canada and Mexico a day after implementing them. Meanwhile, Canada filed a WTO complaint against the new US tariffs. Donald Trump says
Trump’s tariffs on Canаda, Mexico and China come into effect
Stocks and shares dropped as China and Canada plan to retaliate to the US tariffs. Other US trading partners are fearing similar measures. China announced it will impose additional tariffs of up to