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
Flemish mission to Japan focuses on life sciences
Flemish minister-president Matthias Diependaele is on Saturday leaving for a mission to Japan lasting almost a week, which will focus on life sciences. During the “Flemish Week” at the World Expo in
Sanctions Tandem: Hungary and Central Asia in Schemes Supporting Moscow
According to the analytical institute Robert Lansing Institute (RLI), Hungarian Prime Minister Viktor Orbán—long known as a promoter of Russian interests within the EU—has recently ramped up efforts to bypass sanctions against Russia.
Belgian PM outlines foreign policy vision during meeting with diplomatic corps
On Thursday, Belgian prime minister Bart De Wever laid out his government’s foreign policy vision to the country’s diplomatic corps in Brussels. In his speech, De Wever stressed the urgency of international
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
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
Trump says he’s ‘not looking for a deal’ with the EU after threatening a 50% tariff
President Donald Trump on Friday threatened a 50% tariff on goods from the European Union, citing a lack of progress in current trade negotiations. “Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate
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
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
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