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Europe Today

Donald Trump's EU car tariffs ‘targeting Germany,’ says key German MEP

German MEP Bernd Lange said US President Donald Trump’s threat to impose 25% tariffs on EU cars appears to target Germany, following Chancellor Friedrich Merz’s criticism of the US stance on Iran. However, the move would likely breach the EU–US trade agreement reached last summer.

Europe Today

Trump's trade, defence announcements hotly discussed in Yerevan

The European Political Community (EPC) in the Armenian capital has attracted 47 leaders from around the world, including Canadian Prime Minister Mark Carney. US President Donald Trump's trade and defence announcements are expected to be interrogated.

Economy

Irish economic miracle explained: Why all that glitters isn't gold

Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction.

Tech News

Explained: Why is Trump angry about the UK's digital services tax?

Trump has revived a tariff warning over the UK's digital services tax. Here's everything you need to know about it.

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Economy

Businesses start claiming refunds on Trump's 'unlawful' tariffs

A long-awaited refund portal opened on Monday for US businesses hit by Trump's tariffs, with $127bn in eligible claims already registered. The catch? It could take months, and shoppers will see few benefits.

Economy

Trump unveils up to 100% tariffs on patented drugs

Companies in the EU, Japan, Korea and Switzerland face a lower, capped tariff rate under existing trade agreements with the US.

Europe Today

Ireland calls for carbon border tweaks amid fertiliser shortage

Irish minister says farmers and rural communities are under pressure from the Middle East war fallout as Dublin calls on the European Commission to ease carbon border rules on fertilisers.

Europe News

EU strikes political deal on customs reform

The new customs reform is designed to adapt the bloc to rising trade volumes amid US-related uncertainties and new trade deals with South America and Australia.

Europe News

EU lawmakers support EU–US trade deal, with conditions attached

The European Parliament on Tuesday cleared the way for the implementation of the Turnberry agreement, but the safeguards attached by lawmakers must still be approved by EU member states before tariffs on US goods can be reduced to zero.

Economy

Who won and who lost from a year of US tariffs?

A report published this month by the McKinsey Global Institute offers one of the most rigorous accountings of last year's trade war. Its verdict confounds almost every prediction made when the tariffs were first introduced.

The Ring

Escalation in the Middle East - Not Europe's war? MEPs in the Ring

In this new edition of The Ring, broadcast from the European Parliament in Brussels, MEPs Riho Terras (EPP) and Özlem Demirel (The Left) debate Europe’s role in the ongoing war in the Middle East.

Europe Today

US ambassador says rejecting trade deal 'economic malpractice'

The US Ambassador to the European Union, Andrew Puzder, says Washington is "anxious" to see the deal approved in a European Parliament vote this Thursday. A negative vote would be 'economic malpractice'.

Europe News

MEPs clear path for full adoption of EU–US trade deal

EU lawmakers moved closer to implementing the EU–US trade deal after a key committee vote, but tensions with Washington persist.

Europe News

EU-US trade remains strong despite tariff pressure, study finds

Despite trade tensions, US–EU goods trade hit a record $1.05 trillion in 2025, while the US goods deficit with the bloc fell just 7%, a study by the American Chamber of Commerce to the EU found.

Economy

Diplomacy al dente: US withdraws anti-dumping duties on Italian pasta

The Italian Foreign Ministry, in cooperation with the European Commission, succeeded in obtaining a reduction in the anti-dumping duties introduced by the US administration on Italian pasta imported into the country

Europe News

'Trade caught in US domestic politics,' lead Brussels lawmaker says

MEPs will reach out to US trade officials next week in a bid to salvage the transatlantic trade deal as Washington opens new investigations on EU goods. But lawmakers worry Brussels is being pulled into an unpredictable standoff driven by US domestic politics.

Economy

Democrats say Trump tariffs could cost US households more than $2,500

Congressional Democrats warn new tariffs could raise household costs as the administration moves to replace revenue lost after a Supreme Court ruling.

Europe News

Commission denies unfair trade practices as US opens new probe

The European Commission dismissed new US trade investigations as unjustified, as uncertainty keeps growing over the EU–US trade deal struck in the summer of 2025.

Business

Porsche's €3.9bn writedown cuts automotive profit by 98% in EV retreat

Two one-time charges nearly wiped out Porsche AG's operating profit in 2025, a collapse that highlights the challenges that lie ahead for Europe's long-term EV strategy.

Business

Volkswagen axes 50,000 jobs after profits collapse by nearly half

Volkswagen Group profits slumped by almost half in 2025. Trade conflicts, difficulties in China and the change in strategy at Porsche are putting Europe's largest car manufacturer under pressure.

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