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The Latest Breaking News from European Union

Trump’s tariffs hang over Europe’s start-ups but the continent remains ‘extremely attractive’

“What's important for start-ups to understand is there are other world markets are beyond the United States,” said VivaTech’s François Bitouzet.

Euronews

Trump tariffs to cause ‘untold damage’, UK business groups warn

Analysts say the UK’s relatively mild rate of 10 percent does not signal a strong US-UK relationship.

Al Jazeera

Watch: Euronews is live at second day of first-ever EU-Central Asia summit

Our correspondents are bringing you the latest from the summit in Samarkand that brings together the leaders of the five Central Asian countries and the European Union for the first time.

Euronews

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The EU’s path forward on Trump tariffs | Radio Schuman

The EU is preparing further countermeasures to protect its interests, Commission President Ursula von der Leyen announced yesterday following Donald Trump’s decision to impose 20% tariffs on European goods.

Euronews

The US is turning its back on global trade. Ireland and the EU can’t afford to make the same mistake

The island of Ireland faces a complex challenge with Trump’s tariffs. But giving up on transatlantic relations is not the answer, says former foreign minister of Ireland Simon Coveney

The Guardian - UK

The far right has seemed unstoppable in Europe. Here’s how Trump’s tariffs could change that

With populist leaders on the back foot and EU support at its highest in years, the US trade war could be an opportunity the union, says Guardian Europe columnist Nathalie Tocci

The Guardian - UK

Breaking with the US will be painful for Australia in many ways – but it’s inevitable

The first Australian response to Trump was denial, then (unsuccessful) bargaining. Now there’s anger and depression as the tariffs sink in. Eventually must come acceptance

The Guardian - AU

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How much will Trump’s new tariffs hurt other countries and US consumers?

Trump’s reciprocal tariffs range from 10 percent to more than 50 percent on the US’s trading partners.

Al Jazeera

EU Leaders Push For Influence At Central Asia Summit

Top EU leaders were in Uzbekistan on Friday for a major summit with the heads of five Central Asian states, seeking to press their influence and boost ties in the face of Russian and Chinese competition.

International Business Times

EU urged to put human rights centre stage at first central Asia summit

Bloc to discuss trade, security and energy with leaders of Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan

The Guardian - UK

‘We’re all pro-Europeans now’: Rudd seeks to rebuild Tory-Europe relations

A new Tory group is looking to bring the party together on Europe after the divisions of the Brexit years.

Evening Standard

US markets see second day of selloffs as Trump’s tariffs continue to cause global turmoil – as it happened

US indexes suffer amid escalating global trade war as Beijing hits back with new tariffs on US goods

The Guardian - UK

'Frightening': US Restaurants, Producers Face Tariff Whiplash

From European wines to industrial tools, global tariffs launched by US President Donald Trump this week promise to sweep through the world's biggest economy, impacting everyone from restaurant owners to industrial manufacturers.

International Business Times

Ukraine war briefing: Kyiv solving its troop shortages, says top US general in Europe

Gen Christopher Cavoli says Russia has lost 4,000 tanks, comparable to whole US fleet; Kremlin goes to war against Elton John. What we know on day 1,136

The Guardian - AU

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The Independent UK

French President Macron urges suspension of US investments after Trump tariffs

Macron argues European investments in America ‘should be suspended until things are clarified ‘

The Independent UK

Sweeping Trump tariffs shock global economy, drawing threats and calls for talks

Tariff hikes announced by U.S. President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer

Barchart

US Trade Policies Ignite a Stock Market Meltdown

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -4.84%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -3.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -5.41%. June E-mini S&P futures (ESM25 ) are down -4.86%, and June E-mini Nasdaq futures...

Evening Standard

US may not have realised complexity of pharma tariffs, Martin suggests

The US may not have understood the complexity of tariffs on EU pharmaceuticals when it was first suggested, the Irish premier Micheal Martin has said.

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Evening Standard

The last time this led to Great Depression, Irish money minister warns

An Irish Cabinet minister has compared US President Donald Trump’s tariff regime to the circumstances which precipitated the Great Depression.

International Business Times

Macron Calls For Suspension Of Investment In US Until Tariffs Clarified

French President Emmanuel Macron on Thursday called for a suspension of investment in the United States until Donald Trump's "brutal and unfounded" new tariffs against Europe and the rest of the world were clarified.

Evening Standard

Irish businesses predict multibillion-euro loss in trade under Trump tariffs

Ibec’s first assessment of current measures projects a loss of between four and six billion euro in trade in the short term.

The Guardian - US

Trump’s chaos-inducing global tariffs, explained in charts

The US president’s announcement has caused market chaos and threatens a trade war and US recession

The Independent UK

Starmer is right to try to maintain the dignity of the nation – and avoid provoking Trump’s irrational side

THE INDEPENDENT VIEW: Editorial: Balancing Britain’s interests with nurturing the US-UK special relationship is going to require every ounce of clearheadedness the prime minister can muster

Reason

Trump's Tariffs Target Uninhabited Islands, Economic Dead Zones, and Individual Regions of France

The nonsensical list of territories subject to the White House's new "reciprocal" tariffs shows how amateurish the administration's new trade policy is.

Fortune

Are Trump's tariffs as bad as the Smoot-Hawley Act, which is blamed for deepening the Great Depression? They're actually worse

Those dreading a return to the Smoot Hawley days think this time around could be even worse given the size and scale of Trump's new tariffs.

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