The European Central Bank (ECB) has cut its key interest rate for the eighth time in just over a year as it warned about continuing pressure on the eurozone from Donald Trump's tariffs.The main rate has been reduced from 2.

The U.S. international trade deficit narrowed 55.5% in April to $61.6 billion, the Commerce Department said Thursday.

BERLIN (Reuters) -German Chancellor Friedrich Merz said on Friday that he would pursue a deal under which U.S. cars could be imported into Europe duty free in exchange for tariff waivers on the same number of vehicles exported to the United States.

President Trump had just welcomed the German chancellor to the White House when he began lashing out at Elon Musk.

European countries have been boosting defence spending since the start of Russia's full-scale invasion of Ukraine, in the continent's bloodiest conflict since World War Two.