Category : Trade


MP Calls for Help-to-Buy Boats to Save Fishing Industry

A Labour MP has urged the government to introduce a help-to-buy scheme for fishing vessels alongside funded training pathways to secure the industry's future, as MPs warn of severe impacts from ending overseas hiring rules.

Trump Walks Back Tariff Threat Over Greenland

Donald Trump has withdrawn his threat to impose sweeping tariffs on eight European allies, claiming a 'framework' deal on Greenland after meeting with NATO's Mark Rutte.

EU Parliament Halts US Trade Deal Over Trump Tariff Threat

The European Parliament has suspended ratification of a US trade agreement in response to Donald Trump's threat of tariffs on EU exports unless he can take over Greenland. An emergency summit will discuss retaliatory measures.

Macron Slams Trump Tariffs, Europe at Crossroads

French President Emmanuel Macron criticises Donald Trump's tariff threats against Europe in Davos speech, as EU leaders prepare crucial Brussels meeting to respond to US economic coercion.

EU Readies 'Trade Bazooka' Over Trump Greenland Tariffs

Germany and France will propose activating the EU's powerful Anti-Coercion Instrument in response to Donald Trump's tariff threats over Greenland, as tensions simmer despite his softened rhetoric at Davos.

Trump Criticises UK Over North Sea Oil Barriers

Former US President Donald Trump has launched a scathing attack on Britain's green energy policies at Davos, claiming North Sea drilling restrictions are causing an energy crisis.

Davey Calls for UK 'Trade Bazooka' to Counter Trump

Liberal Democrat leader Ed Davey criticises Keir Starmer's appeasement strategy towards Donald Trump, advocating for coordinated EU tariffs and targeted measures to protect British interests.

IRS Leadership Shake-Up Before 2026 Tax Season

The IRS chief has announced significant personnel changes, including appointing whistleblower Gary Shapley, just days before the 2026 tax filing season begins, aiming to modernise operations.

EU Set to Sign Historic Trade Deal with India

European Commission President Ursula von der Leyen announces the EU is on the cusp of signing a major trade agreement with India, creating a market for 2 billion people.

US Seizes Seventh Venezuelan Oil Tanker in Caribbean

American military forces have boarded and taken control of another sanctioned oil tanker linked to Venezuela in the Caribbean, marking the seventh such seizure as the Trump administration intensifies pressure.

China Meets Soybean Goal; Trump's Trade Policy Risks Deal

China has fulfilled its initial commitment to buy 12 million metric tons of US soybeans, but President Trump's shifting trade policies and high production costs for American farmers cast doubt on the long-term viability of the October trade agreement.

Irish Leaders Condemn Trump's Tariff Threats

Irish political leaders have described Donald Trump's tariff threats as deeply regrettable, warning they could unravel the EU-US trade deal and trigger a damaging trade war.

EU's 'Nuclear Option' Anti-Coercion Tool Explained

The EU's Anti-Coercion Instrument, approved in 2023, could be deployed against the US if President Trump imposes tariffs over Greenland. This 'nuclear option' allows wide-ranging retaliatory measures.

Trump's Economic Impact: Australia's Surprising Position

One year into Donald Trump's presidency, Australia's economy shows unexpected strength despite global trade tensions, with beef and gold exports booming while experts warn of AI bubbles and geopolitical risks.

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