Trump’s 50% tariffs on the EU threaten European luxury and alcohol exports, hitting LVMH and other players hard as U.S. market pressure mounts.

BYD sold more pure battery electric vehicles than Tesla for the first time last month, a "watershed moment" for the region's car market, JATO Dynamics said.

The European Parliament voted on Thursday to impose prohibitive tariffs on fertilisers and certain farm produce from Russia and its ally Belarus to prevent a potential threat to EU food security and limit Russian funds for its war against Ukraine.