German Chancellor Friedrich Merz is working with EU leaders to prevent 30 percent U.S. tariffs before the August 1 deadline amid escalating trade tensions.

US President Donald Trump says he intends to impose 30 per cent tariffs on goods imported to the US from the EU and Mexico, starting from the first of August. He blames both the US trade deficit with ...

Also in today’s newsletter, German defence minister calls on arms makers to deliver, and the EU pauses trade retaliation ...

Shares to fall, but sit about 1 per cent below the record of 8639.1 reached in June; investor turn focus to Wall Street’s ...