Economy

Tariffs are taxes on imported goods, used by governments to protect domestic industries, raise revenue, ensure product safety, or influence foreign policy. While they can support local businesses and jobs, tariffs may also raise prices for consumers and risk trade conflicts. Within the EU, no tariffs exist between member states,…

In the Eurozone, every member state has its own central bank, but there is also a common central bank called the European Central Bank (ECB) with its headquarters in Frankfurt, Germany. This is the institution responsible for the currency of the European Union, the Euro. This is however not the…

Brussels may have hoped for a different outcome, but it was prepared for Donald Trump’s return to the U.S. presidency. Facing potential shifts in U.S. support for Ukraine, NATO dynamics, and trade, European leaders must now balance their reliance on America with a push for greater independence. Trump’s expected “America…