EU News

EU Postpones Retaliatory Tariffs on US Goods for Six Months Amid Trade Deal Implementation

The EU has announced a six-month suspension of retaliatory tariffs on US goods, following a trade deal agreement with the United States. This move aims to ease trade tensions and f...

EU Cracks Down on Temu: Illegal Goods Sale Violates Digital Services Act

The European Commission accuses Temu of violating the Digital Services Act by not curbing the sale of illegal goods, risking consumer exposure to banned items like unsafe electroni...

EU and US Edge Closer to Historic 15% Tariff Agreement Amid Trade Tensions

The European Union and the United States are nearing a 15% tariff deal, aiming to prevent an increase to 30% as previously suggested by Donald Trump. The agreement is expected to t...

EU Pledges Massive €100 Billion Support Package to Boost Ukraine's Recovery and EU Membership Path

The European Union has announced a €100 billion budget to support Ukraine's recovery and its path to EU membership, alongside a new "Global Europe" fund for all candidate countries...

EU Delays Countermeasures Against US Tariffs Until August Amid Trade Tensions

The European Union has decided to extend its suspension of countermeasures against US tariffs until August, amid ongoing trade tensions. European Commission President Ursula von de...

EU Faces Economic Strain as Trade Uncertainties with the US Loom Over August Deadline

European Commissioner Valdis Dombrovskis discusses the impact of US-EU trade tensions on the economy, urging for a swift agreement before the August 1 deadline to alleviate uncerta...

EU Unveils Sweeping Reforms to Simplify Agricultural Regulations and Boost Farmers' Earnings

The European Commission announces reforms to simplify the Common Agricultural Policy, aiming to save billions for farmers and national administrations, with increased payments for ...

EU Threatens $95 Billion in US Imports with Tariffs Amid Stalled Trade Negotiations

The European Union is prepared to impose tariffs on US imports worth €95 billion following unsuccessful trade talks, potentially escalating into a full-blown trade war between the ...

EU Unveils Bold Strategy to Eliminate Russian Gas Dependency by 2027, Enhancing Energy Security

The European Commission has announced a plan to completely end the EU's dependency on Russian energy by 2027, focusing on gas, oil, and nuclear materials to enhance security and tr...

EU Proposes Groundbreaking Zero-Tariff Deal with US to Strengthen Industrial Trade Ties

The EU has proposed a "zero-for-zero" tariff agreement with the US to eliminate duties on industrial goods, aiming to strengthen trade ties and supply chain resilience amid growing...

EU Unveils Bold Strategy to Eliminate Russian Gas Dependency by 2027 Amid Rising Tensions

The European Commission announces a strategic plan to end reliance on Russian gas by 2027, focusing on market transparency and combating sanction evasion, while also restricting nu...

EU Unveils Bold Strategy to Eliminate Russian Gas Dependency by 2027 Amid Energy Security Concerns

The European Commission announces a plan to end reliance on Russian gas by 2027, focusing on transparency and monitoring to halt imports, addressing the 'shadow fleet' for oil, and...

EU Faces Uphill Battle in Global Microchip Market, 2030 Target at Risk

The European Court of Auditors warns the EU is falling behind in the global microchip market, with its 2030 target of a 20% share looking unlikely due to challenges like raw materi...

EU Struggles in Microchip Market Race: Auditors Warn 2030 Target May Be Unreachable

The European Court of Auditors warns that the EU is unlikely to meet its 2030 goal of capturing 20% of the global microchip market, citing challenges like limited raw materials, hi...

EU and US Engage in Productive Dialogue on Tariffs and Ukraine Support Amidst Global Economic Challenges

European Trade Commissioner Valdis Dombrovskis and US Treasury Secretary Scott Bessent held cordial talks focusing on tariffs and macroeconomic policies, with a strong emphasis on ...

EU Stands Firm: Ready to Impose Counter Tariffs if US Trade Negotiations Collapse

The European Union is ready to impose counter tariffs on the US if trade negotiations fail, as stated by European Trade Commissioner Valdis Dombrovskis. The EU has postponed its co...

EU Set to Impose Hefty Fines on Meta and Apple Over Digital Markets Act Violations on April 23

The European Commission is set to impose its first DMA penalties on Apple and Meta for alleged violations, including restrictive app store policies and mandatory data sharing. Fine...

EU Set to Hit Meta and Apple with Hefty Fines Over Digital Markets Act Violations on April 23

The European Commission is set to impose its first Digital Markets Act penalties on Apple and Meta for alleged competition restrictions and data sharing violations, with potential ...

EU Set to Impose Hefty Fines on Meta and Apple Over Digital Markets Act Violations

The European Commission is set to impose its first Digital Markets Act penalties on Apple and Meta, accusing them of restricting competition and data sharing practices. Fines could...

EU Reportedly Postpones Action Against Apple and Meta Amid US Tariff Negotiations

The European Union has postponed penalizing Apple and Meta amid trade negotiations with the US, focusing on issues like personalized ads on Meta platforms and Apple's App Store pay...

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if measures persist. The Eurozone and global economy could also suffer sig...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, introducing flexibility for m...

EU Forecasts U.S. GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in U.S. GDP by 2027 due to trade tariffs, with potential worse outcomes if the trade war escalates. The Eurozone and global economy could also s...

EU Strengthens Energy Security with Two-Year Extension of Gas Storage Regulations

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Extends Gas Storage Rules for Two Years to Bolster Energy Security Amid Market Volatility

The European Commission has approved a two-year extension of gas storage regulations to enhance energy security and protect against market volatility, offering member states greate...

EU Threatens to Escalate Trade War with US, Targeting Services and Tech Sector

European Commission President Ursula von der Leyen warns of the EU's readiness to expand the trade war with the US into services and technology sectors, highlighting potential reta...

EU and UAE Set to Embark on Groundbreaking Free Trade Negotiations

The European Commission and UAE have agreed to start free trade negotiations, aiming to strengthen EU-UAE relations and expand trade in goods, services, and investments, with a foc...

EU Considers Lifting Import Duties on Chinese Electric Vehicles Amid Trade Tensions

The European Union and China are exploring the removal of import duties on Chinese electric vehicles, a move influenced by global trade tensions and the potential benefits of unres...

EU Proposes Groundbreaking Zero-for-Zero Tariff Deal with US on Industrial Goods

European Commission President Ursula von der Leyen reveals the EU's offer of a zero-for-zero tariff deal with the US on industrial goods, signaling a potential shift in trade relat...

EU Proposes Groundbreaking Zero-for-Zero Tariff Deal with US on Industrial Goods

The EU has proposed a "zero-for-zero" tariff deal with the US on industrial goods, signaling a potential shift in trade relations. European Commission President Ursula von der Leye...

EU Proposes Zero-for-Zero Tariffs on Industrial Goods to US, Ready to Defend Its Interests

European Commission President Ursula von der Leyen announced the EU's offer of zero-for-zero tariffs on industrial goods to the US, alongside plans to protect its interests through...