More about this topic
Economy
Europe braces for Trump’s tariffs: What could the economic damage be?
Trump’s tariffs on EU goods could slash exports by at least €85 billion, hitting autos and pharmaceuticals hardest. Germany, Denmark and Central Europe face sharp fallout, raising recession risks and forcing the ECB to consider rate cuts.
ADVERTISEMENT
Radio Schuman
Has the EU-US trade war already started? - Radio Schuman
The EU has retaliated after being hit hard by the US tariffs. But with US president Donald Trump’s threats to slap more tariffs, the bloc could step up the fight with its anti-coercion instrument, a tool that was put in place in 2023.
Europe News
EU secures digital deal with South Korea amid push to strengthen trade alliances
This move between the EU and the East Asian country comes as the bloc seeks to forge closer ties with allies. The agreement is expected to boost online trade between the partners, though critics warn it could pave the way for threats to personal data.
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.
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.