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Oil steadies as US, China announce tariff extension

Oil prices dipped today as traders watched for a US government short-term market outlook report following a bullish report on demand and supply issued by OPEC.

Business • 12 Aug

Germany's ZEW economic sentiment index fell to 34.7 points in August from 52.7 points in July

German investor morale falls more than expected in August

German investor morale fell more than expected in August, the ZEW economic research institute said today, citing widespread disappointment with the US-EU trade deal and sluggish economic performance in Germany in the second quarter.

Business • 12 Aug

Trump signs order to extend China tariff truce by 90 days

US President Donald Trump has ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a trade truce between the US and China was due to expire.

Business • 12 Aug

A mobile phone shows the 15% tariff in front of a graphic depicting the eu and us flags

Tariffs: Some clarity, but still a lot of uncertainty

After months of negotiations, on again-off again tariffs, delayed implementation dates and threatened higher levies, Donald Trump's 15% tariff on most imports from the EU to the US took effect at midnight on Thursday.

Business • 09 Aug

Simon Harris sitting down in his office with the Irish and EU flags behind him

It's better to have some certainty on tariffs - Tánaiste

Tánaiste Simon Harris has said the introduction of the new US tariff on EU goods provides "some degree of certainty" to businesses.

Ireland • 07 Aug

Apple leads surge in global tech shares

Global technology stocks advanced today in a relief rally after the latest tariff salvo from US.President Donald Trump largely exempted industry heavyweights from his threat to impose 100% levy on chips and semiconductors.

Business • 07 Aug

Sony hikes profit forecast seeing smaller trade war hit

Sony raised its full-year operating profit forecast today by 4% to 1.33 trillion yen ($9.01 billion), citing expectations of a smaller impact from US President Donald Trump's trade war.

Business • 07 Aug

Trump says US to levy 100% tariff on imported chips

President Donald Trump said the United States will impose a tariff of about 100% on imports of semiconductors but offered up a big exemption - it will not apply to companies that are manufacturing in the US or have committed to do so.

Business • 07 Aug

Honda first quarter operating profit halves on tariffs

Honda Motor reported a 50% drop in first-quarter operating profit today, as a stronger yen and the impact of US President Donald Trump's tariffs took its toll, but the company raised its full-year forecast.

Business • 06 Aug

A compilation photo featuring US President Donald Trump and Russian President Vladimir Putin

Can Trump's threatened tariffs make Russia end its war?

US President Donald Trump gave Russia an ultimatum to end its war in Ukraine: sign up to a ceasefire agreement by Friday or face heavy US tariffs on Russia goods. Can the threat of high tariffs make Russia end its war?

Analysis and Comment • 05 Aug

Apple crushes expectations as iPhone sales soar

Apple has reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from US President Donald Trump's trade war have so far succeeded.

Business • 01 Aug

EU Trade Commissioner Maros Sefcovic speaks to the media in Brussels

As it happened: 'Work continues' after EU-US trade deal

Look back on live updates after US President Donald Trump imposed steep tariffs on exports from dozens of trading partners.

World • 01 Aug

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US

Markets dive after Trump hits more countries with tariffs

US President Donald Trump's latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling and countries and companies scrambling to seek ways to strike better deals.

US • 01 Aug

Simon Harris speaking after a meeting of the Trade Forum in Dublin

Slower growth in Irish economy after trade deal - Harris

The Tánaiste has said the Irish economy will continue to grow and jobs will be created, but at a lower rate, according to a preliminary analysis by the Department of Finance of the impact of the 15% US tariff on EU products.

Business • 01 Aug

EU wine, spirits to face 15% US tariff from August 1

European wine and spirits will face a 15% US import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said today, dashing producers' hopes of an immediate reprieve.

Business • 31 Jul

Sanofi sees 'manageable' impact from US tariffs

Drugmaker Sanofi said today it believes the impact from US tariffs to be manageable as it raised its sales growth expectations for the year, banking on expanded demand for its anti-inflammatory drug Dupixent to treat more conditions.

Business • 31 Jul

Bank of Japan holds rates, flags trade 'uncertainties'

The Bank of Japan kept its main interest rate unchanged today, hiking its inflation and growth forecasts while also flagging "high uncertainties" from US President Donald Trump's trade policies.

Business • 31 Jul

BMW sticks with guidance despite profit drop, tariffs

Germany's BMW has today maintained its full-year guidance despite US tariffs and quarterly earnings dropping by a third, arguing that its large manufacturing presence in the country gives it an edge over rivals.

Business • 31 Jul

The measures will kick in tomorrow, Donald Trump posted on his Truth Social platform

Trade tariffs: What is changing and who is affected?

A look at latest developments as a range of new tariffs will be imposed on most of Washington's trading partners.

US • 31 Jul

Lufthansa and Air France-KLM defy trade war worries

European airlines Lufthansa and Air France-KLM reported higher second-quarter profits today defying worries that economic uncertainty and US tariffs might hit transatlantic travel.

Business • 31 Jul

a body of water with a factory in the background

US announces new tariffs as deadline nears

US President Donald Trump imposed new tariffs to punish or favour major trading partners, as governments raced to strike deals with Washington less than 24 hours before a 1 August deadline.

World • 31 Jul

The Bank of Canada held its key lending rate at 2.75% today

Bank of Canada holds rate steady due to US tariff threats

The Bank of Canada held its key policy rate at 2.75% for the third time in a row today, as expected, and said the risk of a severe and escalating global trade war had diminished.

Business • 30 Jul

Mercedes is among the most significant beneficiaries of the US-EU trade deal due to its greater share of imports into the US from Europe than from Mexico or Canada

Mercedes-Benz trims profit margin forecast on tariff hit

Mercedes-Benz has today trimmed its annual car sales and profit margin forecasts, flagging a nearly $420m impact from US tariffs in the second quarter as US President Donald Trump prepared to hike import levies on EU-made cars.

Business • 30 Jul

US economy returns to growth in Q2 on tariff turbulence

The US economy returned to growth in the second quarter, government data showed today, as analysts warned of distortions due to shifting trade flows over President Donald Trump's tariffs.

Business • 30 Jul

Euro zone growth holds up better than feared in Q2

Euro zone economic growth held up better than feared last quarter, suggesting that businesses are adapting to trade uncertainty, potentially reducing the need for more European Central Bank interest rate cuts to stimulate the bloc.

Business • 30 Jul