English

Peggy Corlin

Economy

EU member states adopt retaliatory hit list in response to US tariffs

The member states adopted on Thursday morning the list of countermeasures targeting €93 billions' worth of US products in response to US tariffs, but the Commission is yet to follow suit. It will only come into effect on August 7 if the two parties fail to reach an agreement.

Economy

EU and US near 15% tariff deal, Brussels remains ready to retaliate

The European Commission and member states are discussing the possible use of the anti-coercion instrument, which would allow the bloc to target digital and financial services in the event of a failure to reach a deal with the US on tariffs.

Europe News

EU and Japan strengthen trade alliance amid global tensions

Faced with a tense economic context involving both China and the US, the EU and Japan aim to strengthen their economic relationship.

Economy

EU and Japan prepare delicate balancing act with US

At Wednesday's summit, the EU and Japan are expected to reaffirm their commitment to a rules-based order, as both face trade disputes with the US, but the pair offer differing approaches to negotiations with the Trump administration.

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Europe News

Brussels boosts external action budget to tackle global issues

The EU proposed €200 billion for the 2028–2034 period to fight climate instability, migration and competition over resources, with a focus on reforms in Ukraine and the Mediterranean region.

Economy

Time for EU to show its gun in US tariff spat, says ex-trade chief

According to former director-general of DG Trade Jean-Luc Demarty, a balanced agreement with the US is out of reach, and the EU needs political courage to target US digital and financial services.

Economy

Exclusive: US pitches role in EU regulatory surveillance in trade deal

Amid an ongoing dispute over tariffs, the US is pressuring the EU to revise its digital regulations and is angling for a seat at the table. How much room for manoeuvre does Big Tech really have?

Europe News

EU trade ministers discuss €72 billion retaliatory tariffs on US goods

Caught off guard while preparing to sign an agreement in principle with the US on tariffs, the EU is gearing up for retaliation in case negotiations fail following the new US threats over the weekend.

Business

As US tariff deal approaches, EU worries about what’s next

A preliminary agreement to ease the tariff dispute with the US is considered imminent, but the EU is concerned about the negotiations of a comprehensive deal and the transatlantic relationship that will follow.

Europe News

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.

Europe News

EU examines US proposal of 10% tariffs but concerns remain on sectors

A preliminary agreement is expected by Wednesday, according to sources, with implementation planned by 1 August. Negotiations are accelerating to secure exemptions from a baseline 10% tariff in some strategic sectors.

Europe News

EU Commission bewails 'unfair' Chinese Cognac duties

Trade relations between the EU and China have flared up, complicating arrangements for forthcoming bilateral summit taking place in Beijing at the end of July.

Europe News

Poll suggests Europeans want tougher Big Tech EU enforcement

French, German and Spanish participants to a YouGov survey called for stricter EU enforcements of digital regulations and consider Big Tech more powerful than the EU.

Economy

EU and US aim for political understanding to resolve tariff dispute

As deadline for negotiations on trade with the US looms, the EU and US are seen heading for a basic deal, leaving more detailed wrangling over sectors for later.

Business

Tariffs: France and Germany pursue different tacks towards US deal

France and Germany are at odds over the negotiating strategy on trade with the US, while the Commission is increasingly doubtful about securing a zero-tariff deal.

Europe News

Brazilian ambassador condemns disinformation campaign on Mercosur deal

Brazil’s ambassador to the EU, Pedro Miguel da Costa e Silva, has accused opponents of the Mercosur agreement of spreading disinformation, making unreasonable demands, and holding unrealistic expectations.

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.

Europe News

Apple and Meta to escape sanctions for failing to meet digital rules

The European Commission will opt not to impose immediate financial penalties on Apple and Meta—even if they fail to comply with the legislation by next week's deadline.

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.

Iran

Who was among Iran's top military officials killed in Israeli strikes?

In the ongoing Israel-Iran conflict, Israel has killed several high-ranking Iranian officials, including Chief of Staff Mohammad Bagheri and IRGC Commander Hossein Salami.

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