EU trade surplus with US hits 5-year low as tariff truce unravels
Exports to the U.S. ended 2025 in freefall, the surplus hit a five-year low — and the deal meant to stop the bleeding is frozen.
Europe’s highest court confirmed EU antitrust law can reach global cartels whose effects land inside the bloc, largely upholding airfreight fines while trimming SAS’ penalty.
Exports to the U.S. ended 2025 in freefall, the surplus hit a five-year low — and the deal meant to stop the bleeding is frozen.
State Attorney General Letitia James is demanding the company pay full restitution to consumers who lost money opening virtual cases in games like Counter-Strike and Dota.
Germany's capital wants to host the Summer Olympics. The city's sporting culture and history, alongside its cash-strapped status, have Olympic opinions divided.
The White House over the weekend announced it would use an alternative method to impose 15% global tariffs after the justices ruled the president could not claim emergency powers to declare import duties without Congress.
EU lawmakers freeze the Turnberry trade deal after Trump's replacement tariffs blow past the 15% rate both sides agreed to — raising fresh doubts about whether any deal with this White House can stick.
President Donald Trump said he plans to raise his proposed global tariff to 15%, increasing the rate he announced just a day earlier.
Investors weren’t pleased by inflation and GDP data. Then the Supreme Court’s ruling striking down Trump’s tariffs saved the day.