An escalatory spiral that leads towards Eurasia's 10% 'trade war' scenario, however, would prompt Brussels to deploy escalatory measures, such as "export controls/duties, public procurement curbs, and/or penalties on U.S. services exports" by using the ACI "trade bazooka as a last resort," they concluded.

French President Emmanuel Macron visits the Daimler Buses factory as part of the 8th Choose France summit aimed at attracting foreign investments in France

French President Emmanuel Macron will travel to meet German Chancellor Friedrich Merz on Wednesday in Berlin, where the two will discuss the 30 percent tariffs Trump has threatened on all EU goods if no agreement is reached. That level would represent triple the current 10 percent baseline U.S. tariff on imported EU goods.

Trump on Monday said the United States would ship "billions of dollars' worth" of military equipment to NATO members, paid for by the alliance, to be handed over to Ukrainian forces battling grinding Russian advances. Trump had earlier this month suggested NATO would "100 percent" pay for U.S. weapons, which would be sent to Ukraine.

President Trump’s threat to impose 30% tariffs on the European Union disrupted negotiations. From cars to wine, these are the industries on the line.

A towering mural in France of the Statue of Liberty covering her eyes is racking up millions of views online with its swipe at U.S.

Donald Trump has banned The Wall Street Journal from his official press pool for his visit to Scotland, following the paper’s report alleging he sent Jeffrey Epstein a suggestive birthday letter—including a nude drawing—accompanied by a $10 billion defamation lawsuit.