European markets open: Stoxx 600 gains 0.3%; focus on US steel tariffs
Wednesday, 4 June 2025 () European stock markets demonstrated resilience at Wednesday’s open, trading higher despite the official implementation of US President Donald Trump’s doubled tariffs on steel imports. While the broader market found positive momentum, the steel sector itself braced for a mixed impact, with analysts predicting potential benefits for European buyers but significant pressure on regional producers. Shortly […]
The rift between Donald Trump and Elon Musk has exploded into public view, as Musk slams Trump’s “Big Beautiful Bill” as “outrageous” and “pork-filled.” Musk reshared Trump’s old tweets on fiscal policy with sarcastic praise and proposed a “Slim Beautiful Bill” instead. Trump...
EU 'strongly regrets' Trump's announcement to double steel and aluminium tariffs to 50%
During a rally at a steel plant the US president announced that he will double tariffs on steel imports...
Credit: euronews (in English) Duration: 00:50Published
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair..
Botswana calls for deeper trade ties with European Union amid Trump's tariffs
The foreign minister's call for more EU-led investment comes amid a 37% trade tariff imposed by the Trump administration..
Credit: euronews (in English) Duration: 01:36Published
Wednesday, 4 June 2025 ()
European stock markets demonstrated resilience at Wednesday’s open, trading higher despite the official implementation of US President Donald Trump’s doubled tariffs on steel imports. While the broader market found positive momentum, the steel sector itself braced for a mixed impact, with analysts predicting potential benefits for European buyers but significant pressure on regional producers. Shortly […]
![EU 'strongly regrets' Trump's announcement to double steel and aluminium tariffs to 50% [Video]](https://video.newsserve.net/300/v/20250531/1412562766-EU-strongly-regrets-Trump-announcement-to-double.jpg)
![Breaking: Trump Launches Trade War With EU, 50% Crushing Tariff Starting June 1 on ‘Exploitative’ EU [Video]](https://video.newsserve.net/300/v/20250523/1411652036-Breaking-Trump-Launches-Trade-War-With-EU-50.jpg)
![Botswana calls for deeper trade ties with European Union amid Trump's tariffs [Video]](https://video.newsserve.net/300/v/20250522/1411567380-Botswana-calls-for-deeper-trade-ties-with-European.jpg)
