Eurozone News
LAST UPDATE: September 30, 2025
Germany assumes 15% U.S. tariff rate will apply to pharma, heavy trucks
Germany expects that U.S. trade policy will impose a 15% tariff on pharmaceuticals and heavy trucks under new proposals.
Insight
If enforced, this could strain German exports and provoke retaliatory trade measures in pharmaceutical and automotive sectors.
French Socialists again ready to topple Emmanuel Macron’s new prime minister
The Socialist Party has threatened a no-confidence vote against Macron’s newly installed prime minister over his deficit-cutting budget, demanding greater concessions on taxation and pensions.
Insight
Political instability looms as the government lacks a firm majority, increasing the risk of early elections and policy paralysis.
