Author: Euronews

New 25% tariffs on steel and aluminium imports into the United States are set to take effect on Wednesday. ADVERTISEMENTJapan’s trade minister said Tuesday that he had failed to win assurances from US officials that his country will be exempt from tariffs, some of which will take effect on Wednesday.Yoji Muto was in Washington for last ditch negotiations over the tariffs on a range of Japanese exports including cars, steel and aluminum.Muto said Tuesday that Japan, which contributes to the US economy by heavily investing and creating jobs in the United States, “should not be subject to” 25% tariffs on…

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Sheinbaum has seen a bump in popularity as she seeks to protect Mexico against US tariffs. The economic effects of a trade war could nonetheless dent her ratings further down the line. ADVERTISEMENTTens of thousands of people packed into Mexico’s City main plaza on Sunday to celebrate with President Claudia Sheinbaum a decision by the US to postpone tariffs on many of the country’s goods.The crowd clutched large Mexican flags and yelled, “Mexico is to be respected!” as they cheered on Sheinbaum.“Fortunately, dialogue and respect have prevailed,” she told the crowd.The celebration comes just days after US President Donald Trump…

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President Donald Trump’s withdrawal of support for Ukraine has up-ended EU relations with the US in her first 100 days, and prompted pledges to ramp up defence spending. ADVERTISEMENTUrsula von der Leyen has marked the first 100 days of her second mandate at the helm of the European Commission with an hour-long press conference. It opened on a bleak note, with a description of a world where decades-old certainties are crumbling and sweeping transformations are pitting nations against each other.”What has changed in these 100 days is the new sense of urgency. Because something fundamental has shifted,” she said in…

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Despite progress, women in the EU still earn 12% less than men. Euronews Business analyses the gender pay gap across Europe to mark International Women’s Day. ADVERTISEMENTMultiple indicators highlight persistent economic disparities between women and men, with the data making these inequalities undeniably clear. Despite having the highest gender parity among all regions in the World Economic Forum’s Global Gender Gap Report 2023, Europe is no exception to these challenges.In 2023, women in the EU earned 12% less than men according to Eurostat. This means women made only €88 for every €100 earned by men. The gender pay gap in the…

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