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Europe News

EU Parliament and member states set to clash over Mercosur safeguards

The European Parliament has confirmed a contentious "reciprocity clause" that could derail the EU-Mercosur trade deal, and member states are expected to push back on it in upcoming negotiations.

Europe News

How the European Parliament could still derail the EU-Mercosur deal

Three votes in the European Parliament could derail the largest free trade area ever struck by the European Union – or at least significantly change it.

The Cube

Fact check: How realistic is a bespoke EU-UK customs union?

Brexit is back making headlines in the UK after the Liberal Democrats received support for creating a bespoke customs union. Where does the UK currently stand, and what benefits would such an agreement bring?

USA

Trump lowers tariffs on China to 47% after meeting with Xi

Washington and Beijing are "in agreement on many things," Trump said after the meeting that lasted nearly two hours, the first between both leaders in six years.

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South Korea

Trump given golden crown in South Korea but trade deal remains elusive

It has been tricky to strike a deal with South Korea, with the sticking point being Trump's demand for $350 billion of direct investment in the US.

Economy

Costa Rica favours Indo-Pacific trade over Mercosur - trade minister

Costa Rica sees the Indo-Pacific area as a priority over other regional trade deals, such as EU-Mercosur. An Indo-Pacific trade group, the CPTPP, could become the largest trading bloc in terms of GDP if new members — such as the EU — join.

Economy

Is basmati rice Indian or Pakistani? Do not ask the EU Commission

From the Punjab plains to Brussels — who would have thought that the dispute over basmati’s origin would end up on Europeans' plates?

Economy

China launches an investigation into Mexico's tariffs on Asian imports

Beijing hopes to deter countries from siding with the US in suppressing Chinese trade.

Economy

Trump to put import taxes on pharma, home furnishings, heavy trucks

While Trump did not provide a legal justification for the tariffs, he appeared to stretch the bounds of his role as commander-in-chief by stating on Truth Social that the taxes on imported kitchen cabinets and sofas were needed “for national security and other reasons".

Economy

Japan: Revised Q2 GDP shows 2.2% growth despite US tariffs

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated. The data was published hours after Prime Minister Shigeru Ishiba announced his long-awaited resignation following his party's defeat in the summer elections.

Economy

The hidden cost of international trade and the countries left behind

While international trade can be a powerful tool to address some of the world’s most complex challenges, it can also contribute to inequality between rich and poor nations.

Economy

Trump’s tariffs knocked down by federal appeals court. What now?

The US Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sweeping import taxes on almost every country on earth.

Economy

India braces for export shock as 50% US tariff takes effect

The duty rate US President Donald Trump has placed on Indian goods is among the highest in the world.

Europe News

Worries about European road safety after EU-US trade agreement

EU recognition of US car safety standards could have dangerous consequences for the safety of drivers, pedestrians and cyclists, NGOs warn.

Europe News

Haunted by Merkel: Trump still grappling with Europe’s lost leader

Trump spoke on CNBC about the current state of markets in the US, but was quizzed about the EU-US trade deal, and reminisced about a conversation with former German chancellor Angela Merkel.

Europe News

Trump warns EU: 35% tariffs if $600bn investment pledge unfulfilled

Trump spoke on CNBC about the current state of markets in the US, but was quizzed about a pledge on investment made in the EU-US trade deal.

Economy

US and China prepare to extend tariff pause after Stockholm talks

US Treasury Secretary Scott Bessent says President Trump must approve the pause before it can go ahead.

Markets

Investors pivot to UK stocks as US faces continued instability

UK stocks boost performance as foreign investors shift away from US assets, citing 'higher-risk' concerns.

Economy

US-EU trade deal wards off tariff escalation but threatens growth

The 15% rate removes Trump's threat of a 30% tariff. But it effectively raises the tariff on EU goods from 1.2% last year to 17%.

Europe News

After the trade deal..., Newsletter

This week's key events presented by Euronews' editor in chief, EU news, Jeremy Fleming-Jones.