Hopes for easing trade tensions under Donald Trump were dashed as he threatened new tariffs on the EU and smartphones, causing market instability. Despite some progress with the UK and potential deals with India,

Italy is confident the United States will agree to a trade deal with the European Union similar to the one Washington has already struck with Britain, Economy Minister Giancarlo Giorgetti said on Thursday.

Tariff concessions on imports of US smartphones would help protect the sector from any unpredictable trade policies by President Donald Trump’s administration in the future, while with the EU, it will help settle a long-pending dispute at the WTO.

A string of U.S.-led deals with key trading partners could help reduce heightened uncertainty in the business community and financial markets but represent a “suboptimal” solution, says the European Union’s top economic official.

LVMH boss Bernard Arnault has criticised the EU’s efforts to strike a deal with the US to reduce Donald Trump’s tariffs, saying the bloc’s negotiations with Washington had got off to a “bad start”.

In this regulation roundup, which businesses are passing on the cost of tariffs to customers? Also, President Trump announces plans for the "Golden Dome," a missile defense program that would put U.S.

The EU on Monday sharply cut its eurozone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs. Beyond trade tensions, the EU warned the greater frequency of climate-related disasters such as forest fires and floods risked hurting economic growth.

U.S. President Donald Trump’s tariff offensive has led European officials to cut their growth forecasts for this year and next, even in a best-case scenario in which the highest rates on most goods co