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The Latest Breaking News from European Union

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

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

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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

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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

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

The Independent UK

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...

Barchart

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.

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.

Evening Standard

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.

International Business Times

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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.

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news in one place.

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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.

The Independent UK

Irish Government hoping for negotiated settlement on US tariffs

Senior figures in Ireland’s Government have expressed hope for a negotiated settlement to mitigate the impact of US tariffs.

The Guardian - UK

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

International Business Times

'Everyone Worried' By Trump Tariffs In France's Champagne Region

With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations.

The Guardian - UK

Britain can retaliate or negotiate with Trump – but there is no way we can win at this game

Starmer will try to calm the situation and focus on May’s local elections, but one thing is clear: our ties with Europe are more crucial than ever, says Guardian columnist Gaby Hinsliff

Euronews

Macron lashes out against Trump's 'brutal' tariffs, calls for a pause in investment

The European Union 'must not rule out anything' to retaliate against the so-called Liberation Day tariffs, Emmanuel Macron said.

International Business Times

UK Avoids Worst US Tariffs Post-Brexit, But No Celebrations

More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours.

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