Peggy Corlin
Europe News
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.
ADVERTISEMENT
Europe News
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.
Europe News
EU/US aircraft trade war imminent, key lawmaker warns
The inclusion of Boeing in the Commission’s draft retaliation proposal has raised concerns among some member states over potential countermeasures from Washington targeting Airbus, according to MEP Bernd Lange, chair of the trade committee at the European Parliament.
Europe News
EU prepares for trade retaliation if negotiation with US fails
The European Commission presented on Thursday new countermeasures which could hit €95 billions of US products if negotiations to end the trade dispute fail. Boeing, alcohol such as Bourbon whiskey and agrifood products could be hit.
Europe News
Film industry fears being swept into EU-US tariff war
Europe’s film industry is worried that hard-won legislation mandating European content quotas for streaming platforms could be put at risk amid ongoing transatlantic trade discussions, following US President Donald Trump's threat to impose tariffs on movies produced outside the US.
Europe News
UK chancellor: EU trade relations 'arguably' more important than US
A day after the meeting between the President of the European Commission, Ursula von der Leyen, and UK Prime Minister Keir Starmer, the UK finance minister said that trade relations with the EU may take precedence over those with the US.
Europe News
Battleground: Big Tech — Where US tariffs and EU trade collide
The EU has a 90-day breathing space to negotiate while a blanket 10% US tariff rate continues to apply. The bloc is hoping for the best, while preparing for the worst - with targeting of US Big Tech among its options. How feasibly could Europe smite the tech it relies on?
ADVERTISEMENT