Author: Euronews

Published on 09/07/2025 – 10:23 GMT+2ADVERTISEMENTUS copper prices spiked after US President Donald Trump said he planned to place a 50% tariff on imports of the metal on Tuesday.Copper futures traded in New York jumped around 13% to $5.69 a pound, a record closing-price, dramatically outpacing gains on copper futures traded in London.As of around 3.30am EDT on Wednesday, the New York price had dropped to around $5.59, although it remained at a much higher level than before Trump’s announcement.The president commented on the tariff during a televised cabinet meeting, without giving great detail, and Commerce Secretary Howard Lutnick said…

Read More

Published on 07/07/2025 – 17:17 GMT+2ADVERTISEMENTBeijing announced on Sunday that it will restrict government purchases of medical devices from the EU valued at over 45 million yuan (approximately €5.3 million) as a direct response to the European Commission’s decision to limit Chinese firms’ access to the bloc’s public procurement market.Under the Commission’s previous move last month, Chinese companies are barred from bidding on public contracts for medical devices in the EU single market exceeding €5 million. Additionally, winning bids must contain no more than 50% of components sourced from China.In a statement, China said it had “no choice but to…

Read More