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Economy

Macron says the EU-US trade deal's not yet done

With the ink barely dry on the trade deal between the EU and the US, the French president called for continued negotiations and, if necessary, the implementation of rebalancing measures.

Europe News

Five things we don't know yet about the EU-US trade deal

The EU and the US struck a long-awaited agreement on Sunday, establishing a 15% tariff on EU exports, with certain sectors exempted. However key details remain unclear.

Economy

EU member states adopt retaliatory hit list in response to US tariffs

The member states adopted on Thursday morning the list of countermeasures targeting €93 billions' worth of US products in response to US tariffs, but the Commission is yet to follow suit. It will only come into effect on August 7 if the two parties fail to reach an agreement.

Economy

Trade issues on the table at scaled-back EU-China summit in Beijing

European leaders demanded a more balanced relationship with China at a summit with President Xi Jinping in the Chinese capital on Thursday, as the bloc runs a massive trade deficit with the Asian giant of around €300 billion.

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Europe News

EU and Japan strengthen trade alliance amid global tensions

Faced with a tense economic context involving both China and the US, the EU and Japan aim to strengthen their economic relationship.

Economy

EU and Japan prepare delicate balancing act with US

At Wednesday's summit, the EU and Japan are expected to reaffirm their commitment to a rules-based order, as both face trade disputes with the US, but the pair offer differing approaches to negotiations with the Trump administration.

Economy

Time for EU to show its gun in US tariff spat, says ex-trade chief

According to former director-general of DG Trade Jean-Luc Demarty, a balanced agreement with the US is out of reach, and the EU needs political courage to target US digital and financial services.

Economy

Exclusive: US pitches role in EU regulatory surveillance in trade deal

Amid an ongoing dispute over tariffs, the US is pressuring the EU to revise its digital regulations and is angling for a seat at the table. How much room for manoeuvre does Big Tech really have?

Europe News

EU trade ministers discuss €72 billion retaliatory tariffs on US goods

Caught off guard while preparing to sign an agreement in principle with the US on tariffs, the EU is gearing up for retaliation in case negotiations fail following the new US threats over the weekend.

Business

As US tariff deal approaches, EU worries about what’s next

A preliminary agreement to ease the tariff dispute with the US is considered imminent, but the EU is concerned about the negotiations of a comprehensive deal and the transatlantic relationship that will follow.

Europe News

European Commission puts prepped Mercosur deal on ice

According to several sources, the agreement reached by the EU and the Mercosur countries has been reviewed by the European Commission’s legal service and translated, but its submission to the Member States for ratification has been put on hold.

Europe News

EU Commission bewails 'unfair' Chinese Cognac duties

Trade relations between the EU and China have flared up, complicating arrangements for forthcoming bilateral summit taking place in Beijing at the end of July.

Brussels, My Love?

Trump's trade war with Europe - the clock is ticking

In this edition of our weekly talk show participants discuss the trade conflict between Donald Trump and the EU, the aftermath of the Budapest Pride and the heatwave gripping large parts of Europe.

Europe in Motion

How could the US-China trade rearrangement affect Europe?

Amid the pressures posed by unpredictable US-China trade relations, many US firms are considering alternative supply sources to avoid rising prices. Could Europe be the answer?

Economy

EU and US aim for political understanding to resolve tariff dispute

As deadline for negotiations on trade with the US looms, the EU and US are seen heading for a basic deal, leaving more detailed wrangling over sectors for later.

Europe News

EU and Ukraine strike less ambitious but 'realistic' trade deal

The European Commission has announced an agreement in principle on a new trade deal with Ukraine, replacing the temporary post-war framework with a long-term but more modest arrangement.

Business

Tariffs: France and Germany pursue different tacks towards US deal

France and Germany are at odds over the negotiating strategy on trade with the US, while the Commission is increasingly doubtful about securing a zero-tariff deal.

Europe News

Let's create a new World Trade Organization - Von der Leyen

European Commission chief Ursula von der Leyen has proposed to EU leaders the launch of a Europe-led initiative to establish a structured trade cooperation with Asian countries, potentially laying the groundwork for an alternative to the gridlocked World Trade Organisation (WTO).

Travel News

Porto cracks down on the sale of alcohol at night

Supermarkets and bottle shops will no longer be able to sell alcohol for consumption on public roads after 9pm.

Europe News

Brazilian ambassador condemns disinformation campaign on Mercosur deal

Brazil’s ambassador to the EU, Pedro Miguel da Costa e Silva, has accused opponents of the Mercosur agreement of spreading disinformation, making unreasonable demands, and holding unrealistic expectations.