Despite US tariff uncertainty, Spanish economy increased pace in 2nd quarter
Spain’s economy picked up pace in the second quarter of 2025, thanks largely to a boost in exports, even amid trade uncertainty triggered by increasing...
Economy
Catalonia will collect its own taxes in new financial model agreed with central government
Catalonia is set to begin collecting personal income tax (IRPF) from January 2026, following a landmark meeting on Monday between Spain’s central government and the...
Bank of Spain downgrades country’s GDP growth due to US tariffs uncertainty
Uncertainty from US President Donald Trump’s tariffs, and the risk that they result in a global slowdown, has forced Spain’s central bank to downgrade its...
Scrap ‘Google Tax’ and increase defence spending, Spanish minister told in Washington
UPDATED on Wednesday at 19h. The US Treasury Department has issued a statement calling for Spain to increase its defence spending and scrap the so-called...
EU welcomes Trump’s 90-day pause in tariffs, as stock markets soar
UPDATED (at 13h on Thursday 10 April): The European Union’s executive commission said on Thursday it will put its retaliation measures against new US tariffs...
From motorbikes to beauty products: EU announces first tariffs to hit back at US
LATEST: EU welcomes Trump’s 90-day pause in tariffs, as stock markets soar. The European Union took its first steps on Wednesday to retaliate against President...
Spain and Vietnam pledge to ‘upgrade bilateral relations’ after tariffs shock
Spain and Vietnam have agreed to raise their diplomatic relationship to the highest level, in a move aimed at navigating the repercussions of steep new...
Pedro Sánchez heads to China and Vietnam in wake of US tariffs storm
Spanish Prime Minister Pedro Sánchez embarks on a visit to China and Vietnam this week, aiming to expand market access in the wake of US...
EU hits out at Trump’s tariffs, yet keeps door open for ‘last-minute negotiations’
European leaders strongly criticised the latest round of sweeping US tariffs on Thursday, with the European Union signalling its readiness to implement countermeasures while also...
Trump announces reciprocal tariffs on EU in retaliation to VAT
United States President Donald Trump has announced plans to implement reciprocal tariffs on foreign trade, meaning imports from international trading partners will face taxes equivalent...
