EU Moves Up Plan to Tax Cheap Chinese Online Imports

EU Faces 'Transitional Period' After Trump's New Import Surcharge Shakes Trade Deal

A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.


Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: 'Designed To Cause a Humanitarian Collapse'

Democratic Rep. Chuy Garcia slammed President Donald Trump over his executive order imposing tariffs on countries selling or sending oil to Cuba, saying the measure seeks to "cause a humanitarian crisis" and deepen "our collective punishment of the Cuban people."

US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi

US seizes $15 billion in bitcoin from Chen Zhi's global "pig butchering" crypto scam, the largest forfeiture in history.

Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash

Glavprodukt, a U.S.-founded canned food company seized by Russia, shifts focus to China and North Korea as domestic sales plunge.


Latest News

China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China has banned Taiwan’s fruit, seafood, and vegetables imports, escalating tensions over trade and military issues.
Meta Bans Russia State Media Amid Growing Concerns Over Propaganda: Here's How Kremlin Responds
Meta believes banning Russian state media organizations would stop the rollout of deceptive propaganda online. But what will this mean for the social media platform?
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
Global Stocks Drop As Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
Recession fears pushed global stock markets to experience a major decline on August 5, Monday with Japan's Nikkei dropping 13%, STOXX 600 3%, and Nasdaq futures 5%.
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
Chinese President Xi Jinping and Italian Prime Minister Giorgia Melon signed a new trade agreement, citing the history of the Silk Road Route despite Italy's exit from the Belt and Road Initiative.
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.
European Commission President Ursula von der Leyen Re-Elected to Second Term
The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to economic issues.
Charles III Reads Labour's Economic Plans in UK's State Opening of Parliament
Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.
Russia's Plot to Assassinate CEO of German Arms Firm Supplying Ukraine Thwarted by US, Germany
Russia's attempted assassination plot targeting Armin Papperger, CEO of Rheinmetall AG, a major German arms manufacturer supplying Ukraine, was thwarted by US and German authorities.
Tesla Increases Model 3 Prices in Europe Over China EV Tariffs
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.
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