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Your daily horoscope: May 9, 2025

  IF TODAY IS YOUR BIRTHDAY A change of direction is a must this year as you have reached the end of your current journey and need a new challenge. Make a break with the past and make it one that cannot be reversed. Move forward fast and don’t look back. ARIES (March 21 - April 20): Someone you meet on your travels will catch your eye and maybe your heart as well. If it’s true that opposites attract you could find yourself getting close to someone whose charms are very different to your own – and remarkably the relationship will work. TAURUS (April 21 - May 21): Someone you think of as a friend will say something today that annoys you intensely. It may be the case though that they can see things that you cannot, so be open to what they tell you. They could be doing you a very big favor. GEMINI (May 22 - June 21): If you listen too much to other people’s advice today you could end up facing in several directions at once and ultimately getting nowhere. Pay attention to what friends a...
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EU's Balancing Act: Negotiations vs. Tariffs in Trade Dispute with US

The European Union (EU) has taken a significant step in addressing trade tensions with the United States. While emphasizing its preference for negotiations, the EU has proposed its first retaliatory tariffs on U.S. imports. This move comes in response to the U.S. imposing steep tariffs on steel, aluminum, and other goods, which the EU views as unjustified and damaging.

EU Trade Commissioner Maros Sefcovic has expressed hope for a "zero-for-zero" tariff agreement, aiming to eliminate tariffs on industrial goods. However, the EU is prepared to implement countermeasures if negotiations fail to yield results. The bloc plans to impose targeted tariffs on U.S. imports, with some taking effect as early as April 15.

Despite the EU's readiness to retaliate, many member states have urged caution, highlighting the potential economic impact of escalating trade disputes. The EU's Anti-Coercion Instrument, which could target U.S. services or limit American companies' access to EU public procurement, remains a contentious option.

This delicate balancing act reflects the EU's commitment to protecting its single market while seeking a diplomatic resolution to the trade conflict.

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