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Europe Today
EU inks 'mother of all deals' with India amid global trade turmoil
The EU Commission sealed a free-trade agreement with India on Tuesday, cutting tariffs on EU goods while leaving out sensitive sectors to appease Indian authorities. Europe’s carmakers will see tariffs gradually reduced under the agreement, hailed as the 'mother of all deals'.
Markets
European markets drop, gold rises as Greenland tariff threat looms
The US is threatening to impose tariffs on eight European countries unless they support his plans to acquire Greenland. EU leaders are contemplating potential retaliatory measures — reiterating their support for territorial integrity.
Europe News
EU bets on Mercosur as geopolitics clash with eurosceptic backlash
Geoeconomic tensions are pushing supporters of the EU-Mercosur trade deal to press for a swift ratification. But the agreement risks inflaming euroscepticism, particularly in France, where most political forces oppose it.
Argentina
Argentine farmers look forward to the EU and Mercosur agreement
EU and Mercosur are set to sign a long-awaited free trade deal in Paraguay on Saturday, creating a vast tariff-cutting zone linking Europe and South America. Argentine exporters say they’ll save tens of millions yearly as a 20% EU meat-import tariff is immediately removed.
Economy
EU agriculture ministers to hold crucial talks ahead of Mercosur vote
With the European Commission expected to offer assurances to opponents worried about their farmers, the EU’s 27 ministers will meet on Wednesday for a “political” discussion before an expected vote on the pivotal trade deal on Friday.