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The Trump administration could announce a pathway for tariff relief on Mexican and Canadian goods covered by North America’s free trade agreement as soon as Wednesday, Commerce Secretary Howard Lutnick said.

President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies, imposing one of the largest increases in US tariffs since the 1930s in a dramatic escalation of a trade war that stands to upend ties with major economic partners.

The European Union will propose extending €150 billion ($158 billion) in loans to boost defense spending as the bloc tries to adjust to US President Donald Trump’s abrupt pullback of American security on the continent.

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.

Trump Tariffs on Canada, Mexico, China to Take Effect: Live News, Analysis

President Donald Trump ordered a pause to all military aid to Ukraine, turning up the heat on Volodymyr Zelenskiy days after an Oval Office blowup with the Ukrainian president left support from his country’s most important ally in doubt.

Euphoria in digital-asset markets stemming from Donald Trump’s plans for a strategic crypto reserve turned to skepticism on Monday, triggering early losses in cryptocurrencies that worsened throughout the day as investors braced for the US to impose 25% tariffs on Mexico and Canada.

More tepid economic news and a pledge by Donald Trump to push through tariffs on top trading partners stressed Wall Street risk tolerances anew, sending bonds up and stocks to their biggest loss of the year.

European Commission President Ursula von der Leyen said the bloc would grant carmakers a three-year window in which to hit carbon dioxide emissions targets that were originally set for this year.

Euro-area inflation eased, boosting confidence that it’s approaching the 2% target as the European Central Bank enters the last leg of interest-rate cuts.

President Donald Trump said he would plow ahead with new tariffs on Canada and Mexico starting Tuesday, a broadside against the two biggest US trading partners that underscores his push to remake global trade.

Österreich erlebt im Moment die längste Schwächephase seit 1995. Teuerung und Arbeitslosigkeit legten im Februar zu.

Das Bruttoinlandsprodukt (BIP) hat im vierten Quartal 2024 erneut nachgelassen. „Damit erlebt der Standort Österreich die längste Schwächephase seit Beginn der entsprechenden Berechnungen 1995“, sagte Statistik-Austria-Generaldirektor Tobias Thomas in einer Aussendung am Montag. Das wirkt sich auch auf die Arbeitslosigkeit aus. Und während die Inflation in Österreich steigt, fällt sie im Euro-Raum leicht.

Die neue Regierung aus ÖVP, SPÖ und NEOS ist in Amt und Würden. Bundespräsident Alexander Van der Bellen gelobte am Montag die neuen Ministerinnen und Minister sowie die Staatssekretärinnen und Staatssekretäre an. Der neuen Regierung gab Van der Bellen mit, dass es jetzt „ums Machen“ gehe.

Ukrainian President Volodymyr Zelenskiy said he’s willing to meet Donald Trump if the US president invites him again “to solve real problems,” adding his country is ready to accept a minerals deal that was put on hold last week.

The European Central Bank is nearing the final leg of its interest rate-cutting cycle with internal divisions set to complicate decision-making over the months ahead.

Cryptocurrencies rallied on Sunday after President Donald Trump talked up digital assets including the Ripple-associated XRP token, Solana and Cardano in a post on Truth Social, his preferred social media platform.

Ein Treffen zwischen US-Präsident Donald Trump und dem ukrainischen Präsidenten Wolodymyr Selenskyj im Weißen Haus ist völlig eskaliert. Trump überzog Selenskyj vor laufenden Kameras lautstark mit heftigen Vorwürfen. „Sie setzen das Leben von Millionen Menschen aufs Spiel. Sie riskieren einen Dritten Weltkrieg“, sagte der US-Präsident seinem Gast. Zudem sprach Trump eine Drohung aus: „Entweder Sie gehen einen Deal ein oder wir sind raus.“ Selenskyj verließ das Weiße Haus danach vorzeitig, ein geplanter Rohstoffdeal wurde nicht unterzeichnet.

Some German industries in the east of the country are already planning for the time when Russian gas returns to Europe encouraged by the efforts of US President Donald Trump to end the war in Ukraine.

French inflation retreated to its lowest level in four years, bolstering the case for further interest-rate cuts by the European Central Bank, whose next move is likely to arrive next week.

A rout in Bitcoin deepened on Friday as investors rushed to safe assets in the wake of US President Donald Trump’s latest tariff threats, marking a dramatic reality check for one of the world’s most popular Trump trades.

Economists have added a big disclaimer to their view that the European Central Bank will cut interest rates three more times: Donald Trump.

No matter what metric you’re looking at, US inflation is moving in the wrong direction again.

The move away from globalization toward a more fragmented world is likely to fuel permanently higher inflation across regions, according to Apollo Global Management’s Torsten Slok.

The US economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024.

Currency traders bought the dollar after Donald Trump confirmed the launch of 25% tariffs against Canada and Mexico next week and raised the prospect of fresh levies on China.

A global selloff in equities was set to continue from Asia into Europe, while the dollar strengthened and Treasury yields edged lower as investors shunned risky bets with President Donald Trump ratcheting up tariffs.

President Donald Trump said 25% tariffs on Canada and Mexico are on track to go into place next week, and said he would impose an additional 10% tax on Chinese imports.