The EU cuts duty-free steel import quota by 47%, imposing a 50% tariff on excess imports to protect its steel industry and counter China's market advantage.
The US House passed a bill imposing new sanctions on Russia and boosting military aid for Ukraine, pending Senate approval and potential presidential veto.
Putin warns Armenia of tariff hikes and work restrictions if it leaves the Eurasian Economic Union amid rising tensions over the country’s EU integration efforts.
Hungary swiftly reinstates ban on Ukrainian agricultural imports and reverses ICC withdrawal, affecting regional trade flows and market dynamics.
The EU and Mexico have signed a major trade agreement eliminating most tariffs and easing trade barriers, aiming to boost exports, investments, and sector rotation by 2030.
Trump and Xi Jinping meet in Beijing to discuss Iran, trade, and Taiwan, key topics with significant implications for global markets and energy sectors.
US President Trump delays 25% tariff hike on EU auto imports until July 4 amid progress in trade talks with the European Commission.
Munich's ifo warns that US tariff hikes on EU cars and potential retaliatory duties could push Germany into recession by 2026, escalating trade tensions amid political disputes.
The EU and Mercosur launched a provisional free trade zone impacting automotive, machinery, and pharmaceuticals, with key regulatory hurdles and environmental concerns pending resolution.
The Central Bank keeps the key rate at 14% citing persistent inflation in food prices and external risks, despite overall inflation easing in early 2024.