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Stay current with all the latest and breaking news about European Economy, compare headlines and perspectives between news sources on stories happening today. In total, 2,324 stories have been published about European Economy which Ground News has aggregated in the past 3 months.
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Tariffs · United StatesU.S. President Donald Trump's doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world's two largest democracies and strategic partners. A punitive 25% tariff imposed due to India's purchases of Russian oil adds to Trump's prior 25% tariff on many products from India. It takes total duties to as high as 50% for goods such as garments, gems and jewellery, footwear, sporting goods, furniture and chemicals - among the highest imposed by the U.S. and on par with Brazil and China.See the Story
Trump’s 50% Tariffs on India for Buying Russian Oil Take Effect
Coverage: 80 sources
Russia Economy · RussiaRussia has revised up its crude oil export plan from western ports by 200,000 barrels per day (bpd) in August from the initial schedule after Ukrainian drone attacks disrupted refinery operations and freed up more crude for shipment, three people familiar with the matter said.See the Story
Russia boosts oil exports following Ukrainian strikes on refineries, Reuters reports
54% Center coverage: 39 sources
Antisemitism · United KingdomA larger than expected hike in the energy price cap from October is largely down to higher costs being imposed on families by the government. The typical sum households face paying for gas and electricity when using direct debit is to rise by 2% - or £2.93 per month - to £1,755, the energy watchdog Ofgem announced.See the Story
Typical Annual Energy Bill in Great Britain to Rise 2% from October
46% Center coverage: 13 sources
