
EU Slashes Duty-Free Steel Import Quota by Nearly Half Amid Protection Measures
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 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.

SpaceX raised $75 billion in the largest IPO ever, valuing the company at $1.77 trillion and making Elon Musk the first trillionaire on paper.

Rheinmetall signs a €5.7 billion arms deal with Romania, funded by the EU’s Security Action for Europe program, marking a significant boost in European defense procurement.

Russia and the Taliban have signed a military-technical cooperation deal, signaling potential arms transfers and expanded strategic ties between Moscow and Kabul.

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.

President Trump announces deployment of 5,000 additional US troops to Poland, reversing Pentagon's recent halt amidst evolving European military strategies.

Trump and Xi Jinping meet in Beijing to discuss Iran, trade, and Taiwan, key topics with significant implications for global markets and energy sectors.

The U.S. Department of State has authorized a potential $373.6M sale of JDAM-ER kits to Ukraine, enhancing the range and precision of air-delivered bombs amid ongoing conflict.

Jean-Luc Mélenchon confirms his candidacy for the 2027 French presidential election, setting a polarized political stage amid Macron's exit.

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.

Uzbekistan’s passenger car sales climbed 19% in March, driven by strong demand in both new and used car markets and notable regional growth across the country.