Ukraine stopped Russian gas reaching Europe. Here’s who’s most at risk

Ukraine stopped Russian gas reaching Europe. Here’s who’s most at risk

The Mitte Combined Heat and Power (CHP) natural gas power plant, operated by Vattenfall AB, in Berlin, Germany, on Wednesday, Jan. 1, 2025. Bloomberg | Bloomberg | Getty Images Ukraine halted the flow of Russian gas to several European countries on New Year’s Day, bringing an end to Moscow’s decades-long dominance over Europe’s energy markets. … Read more

Trump’s 25% tariffs an existential threat to Canada’s auto industry

Trump’s 25% tariffs an existential threat to Canada’s auto industry

Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat … Read more

Trump says European Union must buy U.S. oil and gas in trade ultimatum

Trump says European Union must buy U.S. oil and gas in trade ultimatum

U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. Brian Snyder | Reuters U.S. President-elect Donald Trump on Friday told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs. “I told the European Union that they must … Read more

China’s customs chief and trade warrior Yu Jianhua dies aged 63 after sudden illness

China’s customs chief and trade warrior Yu Jianhua dies aged 63 after sudden illness

China’s customs chief Yu Jianhua, who helped China fight its trade war with the US during Donald Trump’s first term in the White House, has died suddenly aged 63. Yu was suddenly taken ill on Tuesday and died despite receiving emergency treatment, the customs office said in a statement. He had made his last public … Read more

Trump’s White House return is already pushing Europe and the UK closer together

Trump’s White House return is already pushing Europe and the UK closer together

 British Chancellor of the Exchequer Rachel Reeves talks to the media at the EU Council headquarter on Dec. 9, 2024 in Brussels, Belgium.  Thierry Monasse | Getty Images News | Getty Images BRUSSELS, Belgium ꟷ President-elect Donald Trump has not yet re-entered the White House, but the U.K. and neighboring European Union are already working … Read more

GM, Stellantis shares fall on Trump tariff threat for Mexico, Canada

GM, Stellantis shares fall on Trump tariff threat for Mexico, Canada

A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs … Read more

US UK trade talks could resume under Trump, tariff exemptions possible

US UK trade talks could resume under Trump, tariff exemptions possible

The U.S. Stars and Stripes flag hangs on Whitehall with the figure of Lord Nelson on the top of his column in Trafalgar Square, on 3rd June 2019, in London England.  Richard Baker | In Pictures | Getty Images LONDON — President-elect Donald Trump’s proposed trade tariffs could prove a boon for the U.K., with … Read more

Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

Foreign auto stocks BYD, BMW and others slide on Trump tariff fears

Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024.  Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will … Read more

EU reaction to US election 2024

EU reaction to US election 2024

Donald Trump (L), President of the USA, and Emmanuel Macron, President of France, join hands during the final press conference of the G7 Summit on 26 August 2019, in Biarritz, France. NurPhoto | NurPhoto | Getty Images European officials have been quick to congratulate Donald Trump after he defeated his Democratic rival Kamala Harris to … Read more

China-Russia ties won’t change despite geopolitical turbulence: Xi

China-Russia ties won’t change despite geopolitical turbulence: Xi

Russian President Vladimir Putin and Chinese President Xi Jinping at their bilateral meeting prior to the opening of the BRICS summit, on Oct. 22, 2024, in Kazan, Russia. Contributor | Getty Images News | Getty Images China and Russia’s “profound” relationship will not change despite the turbulence in global geopolitics, Chinese President Xi Jinping told … Read more