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The Bundesbank said the German economy is likely to stagnate in the last three months of the year

German economy to stagnate as labour market cools

The German economy is likely to stagnate in the last three months of the year as the labour market continues to soften and possible new trade tariffs loom, the country's central bank said today.

Business • 19 Nov 24

China's October industrial output grew 5.3% from a year earlier, slowing from September's 5.4% pace

China's economic data shows soft economic underbelly

China's factory output growth slowed in October and it was still too early to call a turn in the crisis-hit property sector even though consumers perked up, keeping alive calls for Beijing to top-up its recent blitz of stimulus to revitalise the economy.

Business • 15 Nov 24

Brands such as Martell, Hennessy and Remy Martin will face the new Chinese tariffs

China says anti-dumping move on EU brandy is 'legitimate'

China's anti-dumping measures against brandies imported from the European Union are "legitimate trade remedy measures", the commerce ministry said today, a day after imposing the temporary curb.

Business • 09 Oct 24

The European Commission has received enough support from EU members to impose tariffs of up to 45% on Chinese electric vehicle imports

EU executive to adopt tariffs on Chinese EVs after vote

The European Commission said today it had received enough support from EU members to impose tariffs of up to 45% on Chinese electric vehicle imports in the bloc's highest profile trade case, but would continue to negotiate with Beijing.

Business • 04 Oct 24

The European Commission plans to add import duties onto Chinese electric vehicles over claims they benefit from state subsidies

China 'disappointed' by Europe's rejection of EV proposal

China said it was "deeply disappointed" with the European Commission's decision to reject a minimum import price proposal aimed at warding off tariffs on Chinese electric vehicles.

Business • 13 Sep 24

The new 100% duties apply to all EVs shipped from China, including those made by Tesla

Canada to impose 100% tariff on Chinese EVs

Canada, following the lead of the US and European Union, is to impose a 100% tariff on imports of Chinese electric vehicles and announced a 25% tariff on imported steel and aluminum from China.

Business • 27 Aug 24

China is to investigate dairy subsidy schemes in a number of EU countries, which is seen as retaliation for Europe's planned tariffs on Chinese cars

Europe vows to defend dairy in face of Chinese probe

The European Commission has vowed to stand up for Europe's dairy sector, a day after it was targeted in the latest anti-subsidy investigation by Beijing.

Business • 22 Aug 24

The European Commission's provisional duties of between 17.4% and 37.6% are designed to prevent what its president Ursula von der Leyen has said is a threatened flood of cheap EVs built state subsidies

EU imposes duties on China-built EVs

The European Union will impose tariffs of up to 37.6% from tomorrow on imports of electric vehicles made in China, EU officials said today, ratcheting up trade tension with Beijing.

Business • 04 Jul 24

Brussels has proposed a three-year delay on tariffs on the sale of EVs between Britain and the EU that was meant to kick in from January

EU proposes three-year delay on UK electric car tariffs

Brussels has today proposed a three-year delay on tariffs on the sale of electric vehicles between Britain and the EU that was meant to kick in from January, in a major reversal of its previous position.

Business • 06 Dec 23

The UK steel industry employs nearly 34,000 people and makes some $2 billion in annual turnover

Britain extends steel tariffs in breach of trade rules

Britain has today extended a package of tariffs and quotas on five steel products by two years to shield local steelmakers.

Business • 29 Jun 22

The US has agreed a 4 month suspension of retaliatory tariffs imposed on British goods over a long-running aircraft subsidy row

US, UK suspend tariffs and seek aircraft row resolution

The US has agreed a four-month suspension of retaliatory tariffs imposed on British goods such as Scotch whisky over a long-running aircraft subsidy row, with both sides pledging to use the time to resolve the dispute.

Business • 04 Mar 21

Marks & Spencer said its popular Percy Pigs sweets could be hit with tariffs when exported to EU countries

Solution to 'Percy Pig' tariffs problem put forward

An Irish customs expert says she has found a solution to the Brexit 'Percy Pigs' problem, that could result in retailers here avoiding having to pay hundreds of millions of euro in tariffs each year.

Business • 15 Jan 21

The WTO said the US duties broke trading rules because they applied only to China and were above maximum rates agreed to by the US

US broke trade rules by putting tariffs on China - WTO

The World Trade Organization has found that the US breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump's trade war with China, a ruling that drew anger from Washington.

Business • 16 Sep 20

UK Trade Minister Liz Truss has set out the broad aims of her post-Brexit push to secure new free trade agreements

UK seeks big tariff reductions in US trade deal

The UK is seeking far-reaching reductions in tariffs from a trade deal with the US, trade minister Liz Truss said today as she set out the broad aims of her post-Brexit push to secure new free trade agreements.

Business • 06 Feb 20

China to cut tariffs on $75 billion-worth of US imports

China to halve tariffs on $75 billion of US imports

China said it would halve tariffs on $75 billion-worth of US imports as part of its trade truce with Washington and as officials look to calm markets unnerved by the deadly virus outbreak.

Business • 06 Feb 20

Roquefort cheese on list of goods that could be targeted as soon as mid-January

US 100% tariff threat on French goods over digital tax

The US has threatened to impose tariffs of up to 100% on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory.

Business • 03 Dec 19

15 countries have raised concerns over the so-called Tariff Rate Quotas (TRQs) that will be in place after Brexit

WTO members warn on post-Brexit market access

World Trade Organization members have demanded compromises from the EU and Britain to ensure foreign businesses do not lose market access in post-Brexit trade.

Business • 15 Nov 19

Trump has used tariffs on billions of dollars of Chinese goods as his primary weapon in the protracted trade war

Trump says no agreement to rollback China tariffs

President Donald Trump has said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two largest economies may end a 16-month trade war that has slowed global growth.

Business • 08 Nov 19

Irish companies are looking increasingly at France and Germany as trading partners, but also further afield to North America, Latin America and Asian markets

Brexit impacting trade flows but not tariffs

The UK's importance as a trading partner for Ireland has declined significantly, according to research carried out by HSBC Bank.

Business • 05 Nov 19

Hasbor sources more than two-thirds of its US products from China

Hasbro shares plunge as toymaker battles tariff costs

Hasbro fell well short of Wall Street estimates for quarterly profit today, as shipping and warehousing costs jumped due to retailers canceling and delaying orders in the face of likely tariffs on toys.

Business • 22 Oct 19

Donald Trump's comments will feed optimism about prospects for a deal to cease trade hostilities between the US and China

Trump hails 'Warmer feelings' in US-China trade talks

US and Chinese officials are making meaningful progress in high level trade talks, US President Donald Trump said today.

Business • 11 Oct 19

Butter worth €156.8m will be among the Irish exports hit by the US tariffs

€362m worth of Irish goods face 25% tariff in the US

Irish exports to the US worth around €362m annually are facing extra tariffs following last week's decision by the US government to apply extra levies following a World Trade Organisation ruling.

Business • 10 Oct 19

US and Chinese trade negotiators were set to meet today for the first time since July

Trump says will meet top Chinese trade envoy tomorrow

US President Donald Trump said today he will meet with China's trade envoy as the two sides pursue fraught negotiations to resolve their escalating trade war.