Published on 06/05/2026 – 12:35 GMT+2•Updated 12:41 Former EU High Representative for Foreign Affairs and European Commissioner for Trade Catherine Ashton told Europe Today that European businesses and consumers need consistency during tumultuous periods, particularly as US President Donald Trump threatens European producers with a 25% tariff on cars and car parts, alleging non-compliance. To do this, it is important to see that Trump recognises trade as a “weapon”, the British national said. “Being a transactional president is the way that he (Trump) wants to go forward, and I think that’s how Europe – or any country – has to…

Business & Money

US policy makers have two choices: strategic engagement or a spiral into irrelevancyJust three years after entering the auto market, the Chinese tech company Xiaomi has made no effort to temper expectations. Best known for challenging Apple and Samsung on smartphones, Xiaomi is now positioning its new-generation SU7 electric sedan…

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