Peggy Corlin
Europe
European Commission puts prepped Mercosur deal on ice
According to several sources, the agreement reached by the EU and the Mercosur countries has been reviewed by the European Commission’s legal service and translated, but its submission to the Member States for ratification has been put on hold.
Business
German and French industry united on US aircraft sector tariffs
The German aerospace industry has told Euronews it is aligning with its French counterpart in supporting EU retaliatory measures that target US finished aircraft rather than spare parts, citing the interdependence of transatlantic production lines.
Belgium
Middle East conflict adds uncertainty to trade tension, IMF chief says
Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.
Europe
EU targets US 'Big Beautiful Bill' over tax provision in tariff talks
The US budget bill could impose a tax of up to 20% on US-sourced income received by foreign investors. The provision of the bill, which has raised concerns within the EU, is currently part of the ongoing negotiations on tariffs, according to EU lawmaker Markus Ferber.
Europe
Chances of solving US-EU trade dispute over tariffs slim, expert says
After the US president announced he would raise tariffs on aluminium and steel from 25% to 50%, a deal between the EU and the US is unlikely to be reached within the 90-day period set by Trump, according to Ignacio García Bercero, a former senior EU official and expert at the Bruegel think tank.