Browsing: EU

The EU has postponed imposing retaliatory trade tariffs on the US amid ongoing negotiations. The delay aims to ease tensions and encourage dialogue over unresolved trade disputes.

Former U.S. President Donald Trump announced that starting in August, the European Union and Mexico will face a 30% tariff on certain goods. The move aims to address trade imbalances but may escalate tensions.

The EU aims to finalize a tariff agreement with the US “in coming days,” seeking to ease trade tensions and boost transatlantic economic ties after months of negotiations over steel and aluminum duties.

European Commission President Ursula von der Leyen has survived a confidence vote in the European Parliament. Despite opposition challenges, she retained the support needed to continue leading the Commission’s agenda.