Tag #Eu Economy

Showing 49 to 60 of 136 results

kathimerini.gr

🌐 85% Global Worthiness

May 18, 13:10

EU Faces Flood of Cheap Chinese Goods Amidst US-China Trade War

Due to US-China trade tensions, China's trade surplus with the EU reached a record $90 billion in the first four months of 2024, as Chinese goods are redirected to Europe, potentially impacting European competitiveness and market stability.

EU Faces Flood of Cheap Chinese Goods Amidst US-China Trade War

Due to US-China trade tensions, China's trade surplus with the EU reached a record $90 billion in the first four months of 2024, as Chinese goods are redirected to Europe, potentially impacting European competitiveness and market stability.

Progress

44% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

What is the immediate economic impact of the US-China trade war on the European Union?

The EU's trade surplus with China skyrocketed to a record $90 billion in the first four months of 2024, driven by US-China trade tensions. Chinese goods previously destined for the US market are being redirected to the EU, potentially flooding the market with cheaper products. This trend reflects a broader shift in global trade patterns, as China seeks to maintain its market share amidst rising US tariffs.

elpais.com

🌐 85% Global Worthiness

May 16, 19:14

EU-US Trade Surplus Soars Amid Trump's Tariff War

In the first quarter of 2025, the EU's trade surplus with the US nearly doubled to €82 billion due to US importers' preemptive purchases to avoid Trump's tariffs; however, the trade deficit with China increased significantly to €88 billion.

EU-US Trade Surplus Soars Amid Trump's Tariff War

In the first quarter of 2025, the EU's trade surplus with the US nearly doubled to €82 billion due to US importers' preemptive purchases to avoid Trump's tariffs; however, the trade deficit with China increased significantly to €88 billion.

Progress

36% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What was the immediate impact of Donald Trump's trade war on the EU's trade balance with the United States?

The EU's trade surplus with the US nearly doubled in the first quarter of 2025 to €82 billion, an 89% increase year-on-year. This surge is largely attributed to US importers rushing purchases to avoid higher tariffs imposed by Donald Trump's trade war.

zeit.de

🌐 85% Global Worthiness

May 13, 19:13

EU Urged to Expand Trade Deals to Counter US Tariffs

German and French economists urge the EU to proactively pursue free trade agreements with other countries to offset the economic impact of US tariffs, estimating that the US will experience a greater economic decline (1.0-1.63% of real production) than the EU (0.15-0.33%) due to these tariffs; they ...

EU Urged to Expand Trade Deals to Counter US Tariffs

German and French economists urge the EU to proactively pursue free trade agreements with other countries to offset the economic impact of US tariffs, estimating that the US will experience a greater economic decline (1.0-1.63% of real production) than the EU (0.15-0.33%) due to these tariffs; they ...

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the underlying causes of the EU's recommendation to increase free trade agreements with other nations, and what are the potential long-term consequences of this strategy?

The economists' recommendations stem from an assessment of the disproportionate impact of US tariffs, with the US projected to suffer greater economic losses than the EU. This analysis underscores the importance of proactive measures by the EU, including fostering new trade partnerships to offset potential losses from restricted access to the US market. The 90-day suspension of some tariffs presents an opportunity to finalize the Mercosur trade agreement and accelerate negotiations with other countries.

elmundo.es

🌐 75% Global Worthiness

May 6, 22:10

Spain Calls for Stronger EU Trade Position Amid Tariffs

Spanish Economy Minister Carlos Cuerpo urged a stronger EU stance in trade negotiations, citing 10% tariffs currently affecting Spanish businesses and advocating for increased integration to reduce tariffs by 45% on goods and 110% on services, potentially using the Mercosur agreement as a means to d...

Spain Calls for Stronger EU Trade Position Amid Tariffs

Spanish Economy Minister Carlos Cuerpo urged a stronger EU stance in trade negotiations, citing 10% tariffs currently affecting Spanish businesses and advocating for increased integration to reduce tariffs by 45% on goods and 110% on services, potentially using the Mercosur agreement as a means to d...

Progress

44% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the long-term implications of the current trade conflicts for the economic stability and competitiveness of the European Union?

The minister's emphasis on a more integrated EU and strategic partnerships, such as Mercosur, points to a long-term strategy of reducing reliance on volatile trading relationships and creating a more resilient European economy. The potential success of the Mercosur agreement, coupled with EU-wide tariff reductions, could reshape Europe's economic position in the coming years, significantly impacting both large corporations and SMEs.

politico.eu

🌐 85% Global Worthiness

May 1, 07:15

EU Risks Squandering Global Trade Leadership Due to Economic Inaction

The EU's potential to become a leading global trade partner is threatened by its weak economy, despite opportunities presented by US protectionism; necessary reforms are being delayed.

EU Risks Squandering Global Trade Leadership Due to Economic Inaction

The EU's potential to become a leading global trade partner is threatened by its weak economy, despite opportunities presented by US protectionism; necessary reforms are being delayed.

Progress

56% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the most significant global impact of the US's unpredictable trade policies?

The US's protectionist trade policies are pushing countries towards new alliances. The EU is well-positioned to lead this, particularly with nations sharing similar values like the UK, Canada, and Japan. Expanding trade with these countries could offset the impact of US tariffs, according to the ECB.

kathimerini.gr

🌐 85% Global Worthiness

Apr 20, 16:11

US Tariffs Hit Greek Clothing Exports

New US tariffs on EU clothing and footwear, starting April 5th, increase costs for Greek manufacturers exporting to the US, threatening €768 million in clothing exports and potentially shifting production to cheaper locations like Turkey, Morocco, and Egypt.

US Tariffs Hit Greek Clothing Exports

New US tariffs on EU clothing and footwear, starting April 5th, increase costs for Greek manufacturers exporting to the US, threatening €768 million in clothing exports and potentially shifting production to cheaper locations like Turkey, Morocco, and Egypt.

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the immediate economic consequences for Greek clothing manufacturers due to the new US tariffs?

A 10% additional tariff on EU clothing and footwear imported into the US, implemented on April 5th, significantly impacts Greek businesses. Dozens of Greek companies, primarily in Northern Greece, produce clothing for European brands that export to the US, facing tariffs now at 26.5%, rising to 36.5% on July 9th unless negotiations succeed. This affects both businesses producing for European and American brands.

welt.de

🌐 85% Global Worthiness

May 16, 07:13

DAX Companies Report Lower Profits, Thousands of Job Cuts Amidst Economic Slowdown

Germany's top 40 DAX companies (excluding banks) saw a combined revenue increase of 3.3% to €458.9 billion in Q1 2025, but operating profit fell by 8.1% to €44.8 billion, while approximately 32,000 jobs were cut due to economic slowdown and trade disputes; however, some sectors like defense showed g...

DAX Companies Report Lower Profits, Thousands of Job Cuts Amidst Economic Slowdown

Germany's top 40 DAX companies (excluding banks) saw a combined revenue increase of 3.3% to €458.9 billion in Q1 2025, but operating profit fell by 8.1% to €44.8 billion, while approximately 32,000 jobs were cut due to economic slowdown and trade disputes; however, some sectors like defense showed g...

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What are the most significant immediate impacts of the economic slowdown and increased competition on Germany's largest listed companies?

In Q1 2025, despite a 3.3% rise in total revenue to €458.9 billion for 40 DAX companies (excluding banks), 10 experienced revenue decline, including major players like BMW, Mercedes-Benz, BASF, and Bayer. Simultaneously, 16 companies saw a drop in operating profit, with automakers and reinsurers particularly affected by increased losses. The overall operating profit before interest and taxes (EBIT) fell by 8.1%.

elpais.com

🌐 75% Global Worthiness

May 14, 10:10

Spain's Economic Growth Slows Amid Declining Productivity

Spain's Q1 2025 economic growth of 3.1% is driven more by increased employment and investment (70.6%) than productivity improvements (29.4%), a sharp contrast to 2024's trend, raising concerns about long-term sustainability.

Spain's Economic Growth Slows Amid Declining Productivity

Spain's Q1 2025 economic growth of 3.1% is driven more by increased employment and investment (70.6%) than productivity improvements (29.4%), a sharp contrast to 2024's trend, raising concerns about long-term sustainability.

Progress

40% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What is the primary cause of Spain's economic growth slowdown despite an overall GDP increase, and what are the immediate implications for the country?

Spain's economy continues to grow, but at a slower pace and with reduced efficiency. While the overall GDP increased by 3.1% year-on-year in the first quarter of 2025, only 29.4% of this growth is attributable to productivity improvements, a significant drop from the 41.7% average in 2024. This is largely due to increased employment and investment.

elpais.com

🌐 85% Global Worthiness

May 11, 10:10

EU Intra-Trade Decline Amidst Rising Extra-EU Exports

Spanish exports to non-EU countries rose 2.2% in the first two months of 2024 compared to the same period in 2022, while exports to EU countries fell 7.2%, reflecting a wider European trend of declining intra-EU trade and increasing extra-EU trade, accelerated by US-China trade tensions and the resu...

EU Intra-Trade Decline Amidst Rising Extra-EU Exports

Spanish exports to non-EU countries rose 2.2% in the first two months of 2024 compared to the same period in 2022, while exports to EU countries fell 7.2%, reflecting a wider European trend of declining intra-EU trade and increasing extra-EU trade, accelerated by US-China trade tensions and the resu...

Progress

52% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

How have the US-China trade tensions and the resulting tariffs affected global shipping routes and port activity?

The growth of extra-EU markets predates Trump's return to power but accelerated afterward, as exporters anticipated tariff increases. However, this trend is now reversing due to the lagged impact of frontloading, reduced competitiveness from tariffs, and intensified competition from China.

politico.eu

🌐 85% Global Worthiness

May 2, 07:16

EU Invests €100 Billion to Revive Steel Industry

The EU is investing €100 billion to revive its steel industry, reducing reliance on polluting Chinese steel and bolstering its strategic independence, despite job cuts at ArcelorMittal and environmental concerns.

EU Invests €100 Billion to Revive Steel Industry

The EU is investing €100 billion to revive its steel industry, reducing reliance on polluting Chinese steel and bolstering its strategic independence, despite job cuts at ArcelorMittal and environmental concerns.

Progress

52% Bias Score

ShareSaveArticle

Industry, Innovation, and Infrastructure

12345678

Previous 1 of 8 Next

What are the primary drivers behind the EU's renewed focus on its steel industry, and what are the immediate consequences of this shift?

The EU is investing heavily in its steel industry to reduce reliance on China and other countries, spurred by President Trump's tariffs and the need for strategic material sovereignty. This includes €9 billion in state aid and a planned €100 billion for carbon-free production. Job losses at ArcelorMittal highlight the industry's challenges.

lefigaro.fr

🌐 75% Global Worthiness

Apr 26, 16:13

France Announces €3.1 Billion in Budget Cuts for 2025

The French government enacted €3.1 billion in budget cuts for 2025, impacting various ministries including ecology (€549.6 million), economy (€517.7 million), and research (€493.3 million), to meet public deficit targets amid slower economic growth and geopolitical uncertainty.

France Announces €3.1 Billion in Budget Cuts for 2025

The French government enacted €3.1 billion in budget cuts for 2025, impacting various ministries including ecology (€549.6 million), economy (€517.7 million), and research (€493.3 million), to meet public deficit targets amid slower economic growth and geopolitical uncertainty.

Progress

36% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How did revised macroeconomic forecasts and geopolitical uncertainty influence the government's decision to implement budget cuts?

This €3.1 billion reduction, detailed in a decree published in the Journal Officiel, is a direct response to revised economic forecasts showing lower-than-expected public revenue due to a 0.7% growth projection. The cuts primarily impact non-salary budget items, minimizing disruption to public services.

liberation.fr

🌐 85% Global Worthiness

Apr 16, 22:13

US-China Trade War Threatens 200,000 European Chemical Jobs

France Chimie warns that 47 chemical sites and 200-350 jobs in the EU are at risk due to the US-China trade war, with 15,000-20,000 potential job losses in France and 150,000-200,000 across Europe, caused by dumping and the EU's low tariffs.

US-China Trade War Threatens 200,000 European Chemical Jobs

France Chimie warns that 47 chemical sites and 200-350 jobs in the EU are at risk due to the US-China trade war, with 15,000-20,000 potential job losses in France and 150,000-200,000 across Europe, caused by dumping and the EU's low tariffs.

Progress

48% Bias Score

ShareSaveArticle

Decent Work and Economic Growth

12345678

Previous 1 of 8 Next

What factors beyond the trade war are contributing to the fragility of the European chemical industry?

The industry is threatened by dumping from China and the US, potentially flooding the EU with 10-20 billion euros worth of Chinese products and 5-10 billion of American products. The EU's low tariffs (3% on chemicals) exacerbate the problem, forcing less competitive European plants to close.

Showing 49 to 60 of 136 results