Now playing Next Tech News Ontario premier rips up €66 million contract with Elon Musk's Starlink The premier of Canada's largest province says he will rip up a €66 million contract with Starlink and prevent US companies from bidding on Canadian contracts as the trade war between the countries heats up. 03/02/2025
Now playing Next World News Trump's trade war triggers retaliation from Canada and Mexico President Trump declared an economic emergency so that he could place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. 02/02/2025
Now playing Next USA Trump's new tariffs spark trade war with Canada and Mexico President Trump declared an economic emergency so that he could place duties of 10% on all imports from China and 25% on imports from Mexico and Canada. 01/02/2025
Now playing Next Radio Schuman Pascal Lamy warns EU to be tough with Trump Pascal Lamy, the former chief of staff to European Commission President Jacques Delors and former two-term head of the World Trade Organization, told Euronews how the EU should deal with Donald Trump if the American president follows up on threats to impose tariffs. 28/01/2025
Now playing Next Europe News EU should negotiate with US, China with 'gun in pocket', says Lamy The US and China pose existential challenges for the EU, former Director-General of the World Trade Organization (WTO), Pascal Lamy tells Euronews' Europe Conversation. 27/01/2025
Now playing Next Economy How a potential global tariff war could hit Europe's supply chains Rising tensions between key world players have led to increasing concerns of a global trade war, which would also hit Europe. Kevin O'Marah from community research platform Zero100 is speaking about the world's most pressing global trade issues at the WEF at Davos. 21/01/2025
Now playing Next Economy Europe’s car makers call for compromise with US to calm tariff fears In an open letter to EU leaders, the European Automobile Manufacturers' Association (ACEA) has highlighted why Europe should strive to maintain good trade relations with both the US and China. 17/01/2025
Now playing Next Europe News EU firms forced to 'silo' operations in China, harming competitiveness The European Union Chamber of Commerce in China warned that the trend could accelerate deglobalisation and reduce global economic growth. 09/01/2025
Now playing Next Economy Meloni says EU must be pragmatic with Trump to avoid US trade tensions As fears of a trade war rise, the Italian premier is seen as one of US president-elect Donald Trump's closest EU allies. 17/12/2024
Now playing Next Economy Germany's Bundesbank warns of economic stagnation as trade war looms The fortune of the eurozone’s largest economy is gloomy, especially with President-elect Donald Trump returning to the White House. 13/12/2024
Now playing Next Europe News French trade minister flags defensive trade tools for Trump presidency As the 27 trade ministers gathered for the first time since Donald Trump's re-election, the use of defensive trade tools against the US could be an option in case of Trump's aggressive trade policy, according to French minister Sophie Primas. 21/11/2024
Now playing Next Economy How a Trump win could result in a billion euro trade war for Germany An escalating trade war, which may occur if Donald Trump is re-elected for a second term as the US president, could mean a loss of billions for Germany’s economy, according to a report. 29/10/2024
Now playing Next Europe News Cognac makers say they are being 'sacrificed' amid EU-China trade war French brandy is at the heart of a commercial dispute between Beijing and Brussels over Chinese electric vehicles (EVs). 25/10/2024
Now playing Next EuroVerify Would Donald Trump’s trade tariffs hurt Europe? The EU is increasingly reliant on the US export market, making it vulnerable to the potential shocks of Trump’s trade policy. 24/10/2024
Now playing Next Economy China's anti-trust tariffs over brandy come under fire The European Commission says it will 'robustly' challenge China's decision to impose provisional antidumping measures on imports of brandy from the EU. 09/10/2024
Now playing Next Business China goes for the slow burn with anti-dumping brandy levy for Europe China is imposing more restrictions for Europe with its anti-dumping measures for imports of European brandy. This is particularly hard hitting for brands such as Hennessy and Rémy Martin. 08/10/2024
Now playing Next Business Volvo ditches plans to make only electric vehicles by 2030 Volvo Cars has abandoned its plan to become a fully electric car manufacturer by 2030 due to weakening consumer demand for pure electric vehicles. This shift marks the latest change among major car manufacturers. 05/09/2024
Now playing Next Europe News China to probe EU dairy products as anti-subsidy spat escalates The tit-for-tat anti-subsidy probe is seen as a response to the EU's tariffs on imported electric vehicles. 21/08/2024
Now playing Next Business China appeals to World Trade Organisation over EU tariffs on EVs The European Commission says that tariffs are necessary to protect EU firms against unfair competition. China says its EV industry has flourished naturally. 09/08/2024
Now playing Next Business EU member states set to back tariffs on Chinese EVs, says trade chief Tariffs could come into force in November after a vote in late October. 05/08/2024