Page 28 - European Union

Financial deficits with China, EU can only be cured with tariffs: Trump

Donald Trump also criticised the trade surplus with these countries under former President Joe Biden

EU answer to Trump tariffs may involve data use by big tech, says France

We have several tools at our disposal at the European level: regulatory, fiscal, customs, said French Finance Minister Eric Lombard

EU answer to Trump tariffs may involve data use by big tech, says France

We have several tools at our disposal at the European level: regulatory, fiscal, customs, said French Finance Minister Eric Lombard

India, EU to step up trade talks after US imposes reciprocal tariffs

The geopolitical uncertainties are forcing European nations to scout for new markets, including India, considering it is one of the fastest-growing large economies

EU plans major fine for Musk's X over disinformation, may exceed $1 billion

The penalties, expected this summer, may include a hefty fine and product changes, marking the first enforcement under the EU's Digital Services Act to regulate social media content

TikTok faces fine over $553 million for illegally shipping EU data to China

Ireland's data protection commission, the company's main regulator in Europe, will issue the penalty against TikTok before the end of the month

EU Council President urges faster trade deals with India amid US tariffs

European Council President Antonio Costa voiced full support for the EU Commission's ongoing trade negotiations with the US and highlighted the role of trade in global prosperity

EU-India free trade talks important for both sides, says European official

With backing from leaders like European Commission President Ursula von der Leyen and Prime Minister Narendra Modi, Agotha emphasised the importance of this agreement for both parties

US orders for Indian goods dry up before Trump's 'Liberation Day' tariff

Aside from air cargo, shipments transported by sea arriving after April 2 are likely to be subject to the new tariffs, compounding the uncertainty

Volkswagen, Stellantis, others fined $495 mn over EU recycling cartel

Other penalised members of the cartel included Toyota , Mitsubishi, Honda, Hyundai, Jaguar Land Rover, Mazda, GM, Suzuki and Volvo

EU prepares 'strong plan' to tackle Trump's global tariff threats

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

Who is Marine Le Pen: Macron's far-right rival now banned from office

US President Donald Trump and Elon Musk backed the French leader, drawing parallels between Marine Le Pen and Trump's legal troubles

French court finds Marine Le Pen guilty in case over misuse of EU funds

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 plans concessions for Trump administration after reciprocal tariffs hit

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 proposes retaliatory tariffs as EU extends steel safeguard measures

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

US seeks control over Ukraine investments, sidelining European allies

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

Trump warns EU, Canada: 'Large-scale tariffs' coming if US economy harmed

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

EU urges citizens to stockpile three days of supplies in case of crisis

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

Some Europeans reconsider trips to US in protest against Donald Trump

Europeans splashed $155 billion on travel to the United States in 2023, according to EU figures, while transatlantic travel has bolstered earnings for airlines

EU likely to delay first counter-tariffs against US to mid-April

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