Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Creators call for consent rules in Australia AI framework

    July 16, 2026

    India and Australia unveil broad strategic partnership gains

    July 13, 2026

    India, New Zealand set NZ$7 billion goal in strategic pact

    July 13, 2026
    • Home
    • Contact Us
    • Disclaimer
    Auckland MailAuckland Mail
    • Automotive

      Nissan tests AI-powered city navigation system in Japan

      September 22, 2025

      Ford recalls over 355000 trucks for dashboard display fault

      August 28, 2025

      EY finds 51500 auto jobs lost as German industry contracts

      August 26, 2025

      Lotus Evija becomes fastest electric car with 217 mph top speed

      August 18, 2025

      Cadillac reveals Elevated Velocity concept crossover

      August 14, 2025
    • Business

      Melbourne rent rises widen gap between suburbs and city

      July 11, 2026

      Australia moves to ease fuel shortages as imports tighten

      March 23, 2026

      Australia sets rules for free midday power from July

      March 14, 2026

      Petrol prices surge across Australia amid oil market shock

      March 7, 2026

      Calls for incentives as Australia slips in investment index

      March 3, 2026
    • Entertainment

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Fantastic Four drives highest Marvel opening since Deadpool

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024

      USHER’s pre-Super Bowl experience on Apple Music

      February 7, 2024
    • Health

      Rabbit damage deepens across NSW Riverina

      March 16, 2026

      High-amylose wheat moves healthier white bread into stores

      March 16, 2026

      McCain pulls cheese and bacon pizza pockets across Australia

      December 13, 2025

      Exercise-induced molecule Lac-Phe suppresses hunger

      October 7, 2025

      WHO warns of rising cholera deaths for second year in a row

      September 13, 2025
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      India and Australia unveil broad strategic partnership gains

      July 13, 2026

      India, New Zealand set NZ$7 billion goal in strategic pact

      July 13, 2026

      Strong Vanuatu quake shakes islands without tsunami

      March 31, 2026

      Australia jobless rate reaches 4.3 percent in February

      March 20, 2026

      New Lake Joondalup birdwatching site opens

      March 18, 2026
    • Sports

      Trump announces World Cup 2026 draw to be held in US capital

      August 23, 2025

      North American nations plan joint security drills for 2026 FIFA World Cup

      August 6, 2025

      Russia develops AI robot to boost athletic performance

      July 18, 2025

      Italy’s Jannik Sinner wins first Wimbledon men’s singles crown

      July 14, 2025

      Liverpool’s Salah earns top writers’ award for 2025

      May 9, 2025
    • Technology

      Creators call for consent rules in Australia AI framework

      July 16, 2026

      Australia data centre buildout brings jobs and grid strain

      June 29, 2026

      Sydney opens Cisco secure AI factory powered by NVIDIA GPUs

      February 25, 2026

      Korean robots mimic human memory to increase manufacturing speed

      October 2, 2025

      Google rolls out $1B AI initiative for US institutions

      August 6, 2025
    • Travel

      Global aviation traffic expands in August despite headwinds

      October 1, 2025

      Spirit Airlines doubts future amid weak travel demand

      August 12, 2025

      Travelers must post bonds of up to $15,000 under new US pilot scheme

      August 6, 2025

      Las Vegas visitor numbers drop sharply amid luxury pricing backlash

      August 3, 2025

      Etihad expands U.S. network with new direct flights to Atlanta

      July 5, 2025
    Auckland MailAuckland Mail
    Home » Transatlantic jobs and innovation at risk due to US tariffs
    Business

    Transatlantic jobs and innovation at risk due to US tariffs

    April 3, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    The United States’ decision to impose an additional 20 percent tariff on products imported from the European Union (EU) has drawn strong criticism from BusinessEurope, the continent’s largest business organization. Speaking from Brussels on April 3, 2025, BusinessEurope Director-General Markus J. Beyrer warned that the unilateral move threatens to undermine the transatlantic economy, which he described as the most important economic partnership globally.

    Transatlantic jobs and innovation at risk due to US tariffs

    Beyrer stated that the new tariffs, described by the US as “reciprocal,” would harm both businesses and consumers across the Atlantic. He emphasized that increased trade barriers would raise costs, disrupt supply chains, and weaken a long-standing relationship responsible for millions of jobs and significant innovation on both sides. The decision is part of a broader strategy by the United States to impose trade measures aimed at addressing imbalances with key trading partners.

    He further cautioned that such measures risk provoking retaliatory actions from the European Union, potentially triggering a trade dispute that would worsen the global economic outlook. According to Beyrer, this approach does not provide tangible benefits and instead reduces predictability and trust in the international trading system. He described the development as a setback for global economic cooperation, especially at a time when supply chains remain vulnerable and economic recovery is uneven.

    BusinessEurope urges balanced response to trade disruption

    Beyrer urged the EU to respond in a united and strategic manner. He advised that any countermeasures taken by the bloc should be legally sound, proportionate, and designed to avoid unintended consequences for European businesses. Maintaining a rules-based approach to trade, he said, is essential to preserving credibility and ensuring long-term economic stability within the EU. The BusinessEurope chief emphasized the need for the European Union to advance a more diversified trade and investment strategy.

    He highlighted the urgency of ratifying pending trade agreements with Mercosur and Mexico as critical steps in reducing overreliance on traditional markets. By broadening its network of economic partnerships, Beyrer argued, the EU can increase resilience and strengthen its position in global trade negotiations. In his remarks, Beyrer also addressed the broader geopolitical context. He pointed out that the international environment has become more unpredictable, requiring the EU to enhance its competitiveness and reduce vulnerability to external pressures, including economic coercion.

    He called for a coordinated effort among EU institutions and member states to protect the bloc’s strategic interests through stronger economic foundations. The US tariff announcement marks a significant shift in transatlantic trade relations and has prompted calls for diplomatic engagement to avoid further escalation. BusinessEurope continues to advocate for a negotiated solution that prioritizes economic cooperation and long-term partnership between the European Union and the United States. – By MENA Newswire News Desk.

    Related Posts

    Creators call for consent rules in Australia AI framework

    July 16, 2026

    India and Australia unveil broad strategic partnership gains

    July 13, 2026

    India, New Zealand set NZ$7 billion goal in strategic pact

    July 13, 2026

    Melbourne rent rises widen gap between suburbs and city

    July 11, 2026

    Australia data centre buildout brings jobs and grid strain

    June 29, 2026

    Strong Vanuatu quake shakes islands without tsunami

    March 31, 2026
    Latest News

    Creators call for consent rules in Australia AI framework

    July 16, 2026

    India and Australia unveil broad strategic partnership gains

    July 13, 2026

    India, New Zealand set NZ$7 billion goal in strategic pact

    July 13, 2026

    Melbourne rent rises widen gap between suburbs and city

    July 11, 2026

    Australia data centre buildout brings jobs and grid strain

    June 29, 2026

    Strong Vanuatu quake shakes islands without tsunami

    March 31, 2026

    Australia moves to ease fuel shortages as imports tighten

    March 23, 2026

    Australia jobless rate reaches 4.3 percent in February

    March 20, 2026
    © 2026 Auckland Mail | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.