Aside from air cargo, shipments transported by sea arriving after April 2 are likely to be subject to the new tariffs, compounding the uncertainty
Other penalised members of the cartel included Toyota , Mitsubishi, Honda, Hyundai, Jaguar Land Rover, Mazda, GM, Suzuki and Volvo
The US intends to impose sweeping tariffs on global partners as soon as Wednesday. Trump has said the measures will rectify tariffs as well as non-tariff barriers that he says are unfair
US President Donald Trump and Elon Musk backed the French leader, drawing parallels between Marine Le Pen and Trump's legal troubles
A French court found Marine Le Pen guilty Monday in an embezzlement case but didn't immediately say what her sentence might be and how it might impact the far-right leader's political future. Le Pen and 24 other officials from her National Rally are accused of having used money intended for European Union parliamentary aides to pay staff who worked for the party between 2004 and 2016, in violation of the 27-nation bloc's regulations. Le Pen and her co-defendants deny wrongdoing. The biggest concern for Le Pen is that the court may declare her ineligible to run for office with immediate effect" even if she appeals. That could prevent her from running for president in 2027. She has described such scenario as a political death. The Constitutional Council ruled Friday, in a separate case, that imposing the punishment immediately was constitutional. With so many defendants, the verdict could take several hours for the chief judge to read out. Le Pen was in court. If found guilty, she a
EU officials were told at meetings this week in Washington that there was no way to avoid new auto and so-called reciprocal tariffs that Trump is launching next week
India has proposed imposing retaliatory duties under WTO norms on certain goods imported from the EU, as the two sides have failed to reach a consensus on the European Union's restrictive safeguard measures on certain steel products. In a communication to the World Trade Organisation (WTO) dated March 27, India said it "reserves the right to suspend substantially equivalent concessions or other obligations" under a provision of the Agreement on Safeguards, on the EU's trade. The EU's measure has caused an annual trade loss of USD 1.472 billion (2023-2024) to India on which the duty collection (at 25 per cent duty) would be USD 368 million. "The measure has caused a cumulative trade loss of USD 6.92 billion to India since 18 July 2018, on which duty collection would be USD 1.73 billion," the communication said. India and the EU held consultations on March 19, 2025, in online mode on the European Union's move. "India and the EU exchanged views on the measure. The EU and India could
If accepted, the partnership agreement would bestow enormous power on the US to control investments into Ukraine in projects including roads and railways, ports, mines, oil and gas
US President Donald Trump said that far larger than currently planned will be placed on Canada and the European Union if they work together to combat trade tariffs
The European Union on Wednesday urged citizens across the continent to stockpile food, water and other essentials to last at least 72 hours as war, cyberattacks, climate change and disease increase the chances of a crisis. The call to action for the EU's 450 million citizens comes as the 27-nation bloc rethinks its security, especially after the Trump administration warned that Europe must take more responsibility for it. In recent years, the EU has weathered COVID-19 and the threat from Russia, including its attempts to exploit Europe's dependence on its natural gas to weaken support for Ukraine. NATO Secretary-General Mark Rutte has warned that Russia could be capable of launching another attack in Europe by 2030. Today's threats facing Europe are more complex than ever, and they are all interconnected, said Preparedness and Crisis Management Commissioner Hadja Lahbib as she unveiled a new strategy for dealing with future disasters. While the commission is keen not to be seen as
Europeans splashed $155 billion on travel to the United States in 2023, according to EU figures, while transatlantic travel has bolstered earnings for airlines
The European Commission had proposed re-imposing tariffs on 4.5 billion euros ($4.9 billion) of US products on April 1, followed by hitting a further 18 billion euros of US goods on April 13
Canada is in discussions with the European Union to join an EU drive to break its security dependency on the United States, with a focus on buying more defense equipment, including fighter jets, in Europe, a senior Canadian government official confirmed Wednesday. The official, who spoke on condition of anonymity as they were not authorized to speak publicly on the matter, said the plan includes building fighter jets in Canada. In Canada, where U.S. President Donald Trump has launched a trade war and has threatened economic coercion to make it the 51st American state, Defense Minister Bill Blair has been tasked by Prime Minister Mark Carney to review the purchase of America's F-35 fighter jets to see if there are other options given the changing environment, a defense spokesman said on the weekend. Carney has said the potential for having more production in Canada is a factor. A proposal by Sweden's Saab promised that assembly and maintenance of the Saab Gripen fighter jet would tak
Counterterrorism experts and senior representatives from the European Union and Indian security agencies and policy institutions on Wednesday gathered here to exchange best practices on prevention, de-radicalisation and rehabilitation of violent extremists. The EU convened a technical workshop on preventing and countering violent extremism on the sidelines of the Raisina Dialogue, according to an official statement. Opened by EU Ambassador to India Herv Delphin, the workshop was organised in cooperation with the Embassy of the Netherlands. "The event brought together counterterrorism experts and senior representatives from EU and Indian security agencies and policy institutions, to exchange best practices on prevention, de-radicalisation, and rehabilitation of violent extremists," said the statement issued by the Delegation of the European Union to India. The EU delegation included security practitioners from European Union institutions, EU Member States including Belgium, Bulgaria
The move by the European Commission came amid tensions with US President Donald Trump who has threatened to levy tariffs against countries which impose fines on US companies
European steel producers already battling high energy prices and competition from Asia and elsewhere warn that the EU risks becoming a dumping ground for cheap steel diverted from the US
During EU President Ursula von der Leyen's visit to India in February, both parties directed their teams to conclude Free Trade Agreement (FTA) negotiations by the end of the year
The talks will coordinate cooperation on Ukraine and discuss efforts to increase economic pressure on Russia, UK's Foreign, Commonwealth and Development Office said in a statement
According to him, India will be particularly hard hit along with other nations
Bildt stated that both sides are committed to reaching an agreement by the end of the year