Shipowners have temporarily suspended vessel arrivals at Ukraine’s Black Sea ports for agricultural exports following a surge in Russian missile and drone attacks on ports and merchant ships. Ukraine’s Agriculture Ministry said the suspension was a decision taken by shipowners, while the government has not imposed any official restrictions. According to traders
A group of ships attempted to navigate the Strait of Hormuz after Iran announced the key waterway was open to commercial traffic, but many vessels turned back amid lingering uncertainty. Around 20 ships initially moved toward the strait, marking the largest such effort since its closure during recent tensions, though most halted or reversed course […]
The United States has launched a new investigation into several major trading partners, including China, European Union and India, following a court ruling that struck down part of former tariff policies introduced by Donald Trump. The probe, announced by US Trade Representative Jamieson Greer, will examine alleged unfair trade practices and could lead to new […]
Switzerland’s leading industry body Swissmem has criticised the latest tariff move by Donald Trump, saying it adds to global uncertainty and dampens investment activity. Over the weekend, Trump raised a temporary U.S. import tariff to 15% from 10%, a decision Swissmem said is exacerbating market chaos and creating fresh challenges for exporters. Switzerland had already
China could investigate French wine imports or impose reciprocal tariffs on European Union products if France pushes for tougher trade measures against Chinese goods, a social media account linked to state broadcaster CCTV said on Wednesday. The warning followed a French strategy report urging the EU to consider a 30% blanket tariff on Chinese imports […]
The European Union’s long-awaited free trade agreement with Mercosur countries is likely to be applied provisionally from as early as March, according to an EU diplomat. The move could go ahead once the first Mercosur nation ratifies the pact, with Paraguay expected to do so in the coming weeks, allowing parts of the deal to […]
US President Donald Trump has mocked French President Emmanuel Macron, claiming he pressured France into sharply raising prescription drug prices by threatening steep tariffs on French imports. Addressing Republican lawmakers, Trump recounted a dramatic exchange in which he said France initially resisted his demand to increase drug prices, arguing that Americans were
Manufacturing activity in the euro zone weakened further in December, ending 2025 in deeper contraction as demand faltered and new orders declined, private surveys showed. The HCOB Eurozone Manufacturing PMI fell to 48.8 from 49.6 in November, its lowest level in nine months and below the 50 mark separating growth from contraction for a second […]
German Chancellor Friedrich Merz has called on Europe to assert its interests more forcefully to safeguard peace and prosperity in 2026, warning of mounting threats from Russian aggression, global protectionism and shifting relations with the United States. Speaking in his New Year’s address, Merz said the war in Ukraine posed a direct threat to Europe’s […]
French President Emmanuel Macron will travel to China from December 3 to 5 as Europe attempts to navigate a complex balance between economic dependence and strategic rivalry with Beijing. His agenda includes meetings with President Xi Jinping in Beijing and Chengdu, where he is expected to push for fairer trade conditions, stronger market access, and […]









