Europeans tend to keep more of their money in cash, gaining some protection from the recent market volatility. But President Trump’s tariffs will have an effect, experts said.
Tag: Economic Conditions and Trends
A Crisis at a British Steel Mill Has Cast a Shadow Over U.K.-China Relations
Britain was edging closer to China, but a dispute at a Chinese-owned steel company in the U.K. may prompt a rethink.
With Trump’s Tariffs, Europe Fears a Flood of Cheap Goods From China
President Trump’s tariffs on China could lead to a hazardous scenario for European countries: the dumping of artificially cheap products that could undermine local industries.
How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs
Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.
U.S. and Ukraine Reopen Talks on Contentious Minerals Deal
Kyiv and Washington have been haggling over a deal for resource rights that President Trump sees as a way to “recoup” past U.S. aid to Ukraine.
Southeast Asia, With Little Leverage, Seeks to Placate Trump on Trade
Southeast Asian leaders, their export-driven economies in peril, are trying to placate the president. “We may have to comply,” Thailand’s finance minister said.
Plunge in Oil Prices Threatens Russia’s Vast Spending on Ukraine War
The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than the penalties the United States and its allies have already imposed.
Britain Lost Out on Euro Disney. Now It’s Getting a Universal Theme Park.
A yet-to-be-named Universal Studios theme park will be the country’s largest tourist attraction when it opens in 2031. But studio executives have not yet said which characters will be featured.
India’s Millions of New Investors Are Reeling From Tariff Turmoil
Legions of ordinary Indians have gone into stock trading, lured by easy online access and a market boom. Now many of them are getting a rude shock.