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EU protects pharmaceutical exports from new US tariffs
The EU Commission sees European pharmaceutical exports protected from new US tariffs by an agreement. However, Trump's announcement of 100% tariffs raises concerns in the German pharmaceutical industry.
Trump announces 100 percent tariff on pharmaceuticals
US President Donald Trump has announced a 100 percent tariff on pharmaceutical imports, with exceptions for companies that produce in the USA. This could have significant implications for the German pharmaceutical industry.
Bosch plans to cut 13,000 jobs
Bosch plans to cut about 13,000 jobs in Germany, particularly in the Mobility sector, to save costs. The trade union IG Metall criticizes these measures as a social disaster.
US auto tariffs reduced to 15 percent
US tariffs on auto imports from the EU will be retroactively reduced to 15 percent, providing relief for car manufacturers. The trade agreement between the EU and the US is now fully implemented.
TikTok deal between USA and China in sight
US President Trump claims that an agreement on TikTok with Chinese President Xi Jinping is imminent, while details remain unclear.
France: Protests Against Government Austerity Plans
In France, hundreds of thousands are protesting against the government's austerity plans, with social justice and wealth distribution as central themes.
Ford cuts 1,000 jobs in Cologne
Ford announces the reduction of 1,000 jobs in Cologne due to demand for electric vehicles falling short of expectations. The trade union IG Metall expresses disappointment over the uncertainty at the site.
Supreme Court Examines Trump's Tariff Policy
The U.S. Supreme Court will examine the legality of Trump's tariffs after a lower court deemed them overreaching. The decision could have significant implications for trade agreements with the EU and other countries.
Trump threatens EU with tariffs after fine for Google
US President Trump threatens the EU with tariffs if the antitrust fine against Google remains. However, the EU Commission sees a violation of competition rules by Google.
EU Commission Advances Mercosur Free Trade Agreement
The EU Commission has advanced the Mercosur agreement to promote trade with South America and introduced protective clauses for agricultural products to overcome resistance.
China Demonstrates Unity with Russia and India
At the summit of the Shanghai Cooperation Organization, China calls for unity and demonstrates close ties with Russia and India. Xi Jinping emphasizes the SOZ's responsibility for peace and stability in the region.
Putin's Visit to China to Deepen Relations
Vladimir Putin visits China to deepen the strategic partnership as economic relations are strained by sanctions.
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