European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliation
Brussels suspends measures to hit €21bn of US imports to allow for negotiations with Trump administration
Economists disappointed at lack of bold structural reforms after €1tn spending package
Bloc may push to buy more LNG from the US if it fits with green goals, says European energy commissioner Dan Jørgensen
Bank of Spain governor says global investors may reassess role of US dollar as haven currency
Britain could exploit the chaos unleashed by Donald Trump, chancellor tells FT
Also in this newsletter: Italy cracks down on ticket scams at Rome’s landmarks
Trump’s tariffs have prompted businesses across the pond to question ties that have bound them to the US
Executive warns situation could become ‘quite ugly’ in a few weeks as carmakers park vehicles amid levy uncertainty
EU slow to agree measures as member states divided over how hard to hit back
Von der Leyen warns against diversion of Chinese exports to Europe in call with China’s premier
Also in this newsletter: Foot-and-mouth disease returns to central Europe
Shifting parts of a product’s supply chain may cut charges under ‘rules of origin’ but trying to take advantage comes with risks
‘We are not in the business of tit-for-tat or penny for penny’, says EU commissioner Maroš Šefčovič
Next we must tackle the barrage of non-tariff weapons used to strangle American exports
Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UK
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exports
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffs
Yannis Stournaras says looming trade war likely to weigh heavily on Europe’s economic growth
Past periods of protectionism suggest it is easier to start trade wars than end them
Low rates on Ireland, high levies on Slovakia, Asian misery and the strange tale of St Pierre and Miquelon
Italy will effectively have casting vote on whether to support use of anti-coercion instrument to hit US services exports
Industry blindsided by 25% levy and confused whether it applies only to products imported in cans
Also in this newsletter: Solving the Hungarian problem
EU officials ready emergency measures to prevent onslaught of discounted products in ‘economic nightmare’