Trump's Impact on Europe

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Trump, Europe and tariffs

European Central Bank leaves interest rates unchanged as it assesses impact of Trump tariffs

The European Central Bank has left interest rates unchanged as it waits to see the impact of U.S. President Donald Trump’s tariffs on the economy before deciding whether to cut rates again.The bank’s governing council announced Thursday at its skyscraper headquarters in Frankfurt that it would leave its benchmark deposit rate at 2%.

Explícame on MSN · 19d

Trump's tariffs remain in place, this is how they impact the US and the EU

Bursa · 3d

The impact of Trump's tariffs: Japan invests, Mexico and China retaliate, Europe negotiates

· 2d

The ECB just pressed pause on rate cuts. The next move isn’t clear.

The European Central Bank left interest rates unchanged Thursday, pressing pause on an easing cycle that has delivered eight quarter-point rate cuts since last summer.

· 2d

Dollar holds steady after ECB leaves rates alone, tariffs and Fed in focus

· 1d

ECB Says Economy Proves Resilient After Holding Rate

· 2d

July ECB Decision: Rates On Hold Amid Trade Uncertainty

The pause follows seven consecutive rate cuts, which have pushed rates down by 200 bps since June 2024.

· 1d

ECB leaves rates steady after a year of easing

· 1d

ECB rate decision as it happened: Rate unchanged at 2% as uncertainty remains over US-EU trade deal

Volkswagen, Trump and tariffs

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· 1d · on MSN

Volkswagen takes $1.5B profit dent after Trump’s auto tariffs

“There is high uncertainty about further developments with regard to the tariffs, their impact and any reciprocal effects,” Volkswagen said in the Friday release.

· 1d · on MSN

Volkswagen suffers $1.5 billion loss from Trump's tariffs

· 1d

Volkswagen lowers guidance as tariffs hit profit in second quarter

· 12h

VW pledges ‘huge’ US investments as it seeks separate trade deal with Donald Trump

Volkswagen has cut its financial forecasts for the year as Europe’s largest carmaker revealed a €1.3bn hit from US President Donald Trump’s trade war.

· 1d

Volkswagen Takes 1.3-bn-euro Hit From Trump Tariffs

WBAL · 1d

Volkswagen suffers $1.5 billion loss from Trump’s tariffs

Trump Takes 5-Day 'Working Visit' to His Golf Clubs in Scotland as Epstein Controversy Boils

President Donald Trump retreated to his golf resorts in Scotland, widely seen as an attempt to avoid mounting scrutiny amid the escalating Epstein controversy, as cities across the country staged protests following his arrival.

4don MSN

These charts show just how hard Trump's tariffs are hitting Europe's auto giants

Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have started to take their toll.

13d

How Trump’s Latest Tariff Threat Risks Deeper Damage to Europe’s Economy

Economists had already downgraded growth for the European Union, and the new duties would hit industries there especially hard. Companies are looking for ways to blunt the impact.

23h

Experts say Trump's 30% tariff on European wines could hurt US consumers, companies

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

1don MSN

What Europe's response to a no-deal with Trump could look like

"In a non-deal scenario without another delay of US tariffs, I see the EU going for a tit-for-tat approach, ie imposing 30% tariffs on selected US goods, not yet all goods, like the well-known motorcycles, cars, clothing and alcohol," he said in emailed comments.

3don MSN

SSAB posts profit miss as tariffs shake European steel market

SSAB's earnings fell more than expected in the second quarter, hit by lower steel prices and a weakening European market due to tariff-driven uncertainty, the Swedish steelmaker said on Wednesday, sending its shares more than 7% lower.