The EU must resist Trump's pressure on trade and tech rules to protect sovereignty, democracy, and fair global markets, despite potential short-term costs
The EU is preparing 20 anti-dumping investigations against China to protect European industries from cheap imports and overcapacity in Chinese manufacturing
The survey, carried out among 52 US-controlled members between September 8 and 16, showed that reducing tariffs was still the number one priority
As the White House and European Commission offer starkly different versions of their trade pact, it gives India's negotiators ample reason to be alarmed
EU trade ministers have agreed that US President Donald Trump's announcement of 30 per cent tariffs on the European Union was "absolutely unacceptable", and they are studying a new set of countermeasures to respond to the move. The ministers met Monday in Brussels following Trump's surprise announcement over the weekend of such hefty tariffs, which could have repercussions for governments, companies and consumers on both sides of the Atlantic. The EU is America's biggest business partner and the world's largest trading bloc. Maro efcovic, the EU's trade representative in its talks with the US, said after the meeting that it was "very obvious from the discussions today, the 30 per cent is absolutely unacceptable". He said that the commission was sharing proposals with the 27 member countries "for the second list of goods accounting of some 72 billion euros (USD 84 billion) worth of US imports. They will now have a chance to discuss it. This does not exhaust our toolbox and every ...
The European Commission president said at a press conference in the early hours of Friday that her team is still assessing the latest US tariff offer
As the deadline for the 90-day tariff pause grows near, the Donald Trump administration and European Union fail to find consensus in trade talks
The EU is unwilling to resume the 2020 China investment deal despite diplomatic signals, focusing instead on trade imbalances and Beijing's industrial overcapacity
European Union member states have voted to approve retaliatory tariffs on USD 23 billion in goods in response to US President Donald Trump's 25 per cent tariffs on imported steel and aluminum. The tariffs will go into effect in stages, with some on April 15 and others on May 15 and Dec. 1. The EU executive commission didn't immediately provide a list of the goods Wednesday. Members of the 27-country bloc repeated their preference for a negotiated deal to settle trade issues: The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial. The head of the EU's executive commission, Ursula von der Leyen, has offered a zero-for-zero tariffs deal on industrial goods including cars. But Trump has said that's not enough to satisfy US concerns.
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
Brussels views its own tariffs - authorized by the World Trade Organization last month - as important leverage in negotiations to end a dispute that began in 2004
A trade war with Europe would be much more costly than one with China, where trade is more focused on physical goods and logistics