global economic output News

European Markets Tumble as US Imposes New Tariffs on Canadian Steel and Aluminum

European stock markets closed lower as US President Donald Trump announced new tariffs on Canadian steel and aluminum, raising concerns over the impact of a trade war on global mar...

ECB's Olli Rehn Warns: US Tariffs Could Slash Global Economic Growth by Over 0.5%

ECB's Olli Rehn warns that US tariffs on Canada, China, and Mexico could reduce global economic output by over 0.5% in 2025 and 2026. He urges the Eurozone to find joint solutions ...