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Europe News

EU to Trump: don't look at tariffs, look at inequality

The new US administration has sent jitters across the world with trade plans that could severely damage the EU.

Europe News

EU plans to shield farmers from free trade deal with South America

The European Commission has proposed financial support for farmers negatively impacted by the EU-Mercosur trade agreement – but the safety net would only be triggered in the ‘worst-case scenario’ and the EU executive says it won’t be needed.

Europe News

Can EU trade strategy counter the Trump tariff challenges?

As the Commission struggles to find new outlets for its exports, the question of whether this will be enough in the face of the tariffs Donald Trump is threatening to impose remains open.

Business

Trade tariffs could cause spike in IKEA prices, says retailer in Davos

The comments from the CEO of IKEA's largest franchisee come as businesses brace for higher trade levies under a Trump presidency.

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Europe News

France’s political instability deepens opposition to Mercosur deal

French opposition to the Mercosur agreement concluded by the European Commission on 6 December has been trenchant, but its domestic political situation is feeding the stance.

Economy

Germany's Bundesbank warns of economic stagnation as trade war looms

The fortune of the eurozone’s largest economy is gloomy, especially with President-elect Donald Trump returning to the White House.

Europe News

Von der Leyen clinches EU-Mercosur trade deal despite French hostility

The European Commission and Mercosur countries announced on Friday the conclusion of an agreement creating a free trade area covering 780 million people. However, the deal will have to be sealed by EU member states.

Belgium

Von der Leyen flies to Mercosur summit amid French political turmoil

While the President of the European Commission Ursula von der Leyen landed in Uruguay to finalize the Mercosur agreement, France, in the midst of a political crisis, continues to voice its opposition to the trade agreement.

Business

EU and China advance towards alternative solution for EV tariffs

The EU and China are expected to continue talks regarding the alternative solution to replace the EU’s newly imposed tariffs on Chinese-made electric vehicles.

Economy

EU-Mercosur trade deal: Winners and losers in Europe

European member states are facing benefits and drawbacks as the sealing of the strategically important deal is drawing closer.

World News

MEPs debate future EU-US relations

Following the 2024 U.S. presidential election, which saw Donald Trump and JD Vance defeat Kamala Harris and Tim Walz, the European Parliament debated the future of EU-U.S. relations under the new administration.

Economy

Eurozone's economic forecasts slashed following Trump victory

The uncertainty surrounding Trump’s trade policies will hinder growth in the eurozone, according to economists from Goldman Sachs.

Business

How could Trump’s proposed 10% trade tariff affect EU exports to US?

Trump's proposed 10% tariff on EU goods could harm Europe’s export-led sectors like automotive and machinery, affecting economies like Germany and Italy. Potential retaliation by the EU may escalate tensions, risking further disruptions in US-EU trade relations.

Green News

French farmers plan new wave of nationwide protests in November

The nature of the protests has not yet been confirmed but union leaders say they could spread to Brussels.

Europe News

French MPs are putting pressure on France over Mercosur deal

As a deal with Mercosur countries looms, French MPs in Strasbourg and Paris ramp up pressure on France over environmental and agricultural concerns.

Economy

Brexit impact keeps getting worse, economists warn

A new study suggests that the economic slump caused by the change in UK-EU relations post-Brexit is not just a short-term hiccup, but likely to persist.

Green News

EU eyes access to critical raw materials in Angola investment deal

The EU hopes a first-of-a-kind investment deal with Angola will increase access to key resources needed for the green transition, while encouraging the west African state no to become over-reliant on its substantial oil reserves.

Europe News

EU clinches digital trade deal with Singapore

The EU today (25 July) concluded negotiations with Singapore on a new Digital Trade Agreement designed to increase online trade, help SMEs with digital transformation and facilitate data flows.

Europe News

South Korea settles beef over meat imports, slowly

South Korea is gradually removing decades-long trade restrictions on European beef, but restrictions remain in place in several EU countries.

Business

Beijing protests EU tariff increase on Chinese electric vehicles

Beijing strongly opposes the EU's decision to increase tariffs on their electric vehicles amid efforts by European automakers to forge joint ventures with Chinese counterparts to mitigate the tariff impact.