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02
May 2026
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Trump’s tariffs: The biggest blow to the US economy – Recession and rising unemployment coming

Dive in all the world's markets, but the US is the most affected - Trump expects separate negotiations with each stakeholder and asks for patience from the Americans

USA: Additional 10% tariffs on imports from almost all over the world effective today

The bill will be even bigger from 9 April for countries that export more products to the US than they import from it - tariffs on imports from China will reach 54%, from the EU 20%, for Vietnam 46% and for Japan 24%

Wall Street and European stock markets fall without a break – Trump’s tariffs crush Apple, Amazon and other tech giants

Huge losses were recorded in London, Paris, Frankfurt, Milan, Madrid - Big drop in bank shares

War in Ukraine: Europe is looking for a way to “kick out” Elon Musk’s Starlink

Germany financed for a time the provision of satellite services by the French company Eutelsat in Ukraine, in order to wean it off Elon Musk's Starlink

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