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The Latest Breaking News from European Union

EU Hits Back With $84 Billion Tariff Threat As Trump Ramps 30% Levy Plan: Boeing, Whiskey And Autos Now Squarely In The Crosshairs

The European Union unveiled a €72 billion ($84.13 billion) countermeasures list targeting U.S. exports, including aircraft, automotive products, and bourbon whiskey, following President Donald Trump‘s threat to impose 30% blanket tariffs on EU goods starting August 1.

Benzinga

Thousands of vehicles sit idle at EU port as Trump’s tariffs leave their mark

Port of Antwerp-Bruges figures show 15.9% drop in export of cars, vans, trucks and tractors to US

The Guardian - UK

Bob Vylan dropped from Gogol Bordello European tour

Bob Vylan with no longer support Gogol Bordello on their upcoming European tour "due to logistical complications" after their controversial Glastonbury Festival performance,

BANG Premier

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Starmer is fixing Tories ‘sloppy’ implementation of Brexit, says Trump

The US president said Brexit is ‘getting straightened out’ and praised UK PM Sir Keir Starmer

The Independent UK

Get in gear for driving from the UK to mainland Europe

From checking documents and what you may need to carry to factoring in motorway tolls and how to pay them

The Guardian - UK

Yes, Italy is still part of the Paris Climate Agreement

A viral post online alleges that Italy has withdrawn from the accord, but there is no evidence to support this claim.

Euronews

Elon Musk’s X hit with EU complaint over use of personal data for advertising

The European Commission began investigating alleged breaches of the Digital Services Act (DSA) in December 2023.

Euronews

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Let the mother of all EU battles begin: What’s at stake in the new long-term budget?

Tomorrow, the European Commission will unveil its proposal for the EU's next long-term budget. Here's why it matters, why its figures have been shrouded in secrecy, what we know so far (and what to expect next).

Euronews

Exclusive: US pitches special 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?

Euronews

'Show me the money': EU's defence industry wants at least €100 billion after 2027

The European defence industry has urged policymakers to allocate at least €100 billion to defence under the next long-term common budget (2028–34), emphasising that this is the 'bare minimum' required to strengthen the bloc's military capabilities.

Euronews

Divided EU Weighs Action Against Israel Over Gaza War

EU foreign ministers on Tuesday will discuss a raft of options for action against Israel over the war in Gaza -- but likely will not agree on any.

International Business Times

Palantir, The Trade Desk, Tilray, Sonnet Biotherapeutics, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks traded mostly flat on Monday as investors reacted to President Donald Trump’s announcement of a 30% tariff on all imports from the EU and Mexico, effective August 1. Inflation worries ahead of Tuesday's CPI data also weighed on sentiment. By the close, the Dow rose 0.2% to 44,459.65,…

Benzinga

Israel bombards Gaza, killing 78, as truce talks stall

The attacks come amid a worsening hunger crisis as Israel severely restricts entry of food, fuel, water and medicines.

Al Jazeera

Latest US Tariff Threats Boost the Dollar

The dollar index (DXY00 ) on Monday rose by +0.24% and posted a new 2.5-week high. The dollar moved higher as President Trump's threats to impose 30% tariffs on goods from the European Union (EU) and Mexico, beginning August 1, risk stoking inflation pressures that could keep the Fed from...

Barchart

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Motor1

Porsche Hikes Prices Again Due to 'Market Conditions'

A Porsche being expensive is not news. These cars always have been, and always will be. But, recently, the automaker implemented price increases across its entire lineup, citing "market conditions." Initially brought to our attention by Road Track, Porsche has since confirmed these price increases.

We Got This Covered

‘Unbelievable’: Did Donald Trump just hand his opponents the perfect weapon by making enemies out of everyone who sells us stuff?

Either the US calms down, or a united front is formed.

Digital Camera World

New tariff threats could increase camera prices in the US (again) after August 01

The Trump administration has now threatened higher tariff rates beginning in August for the EU, along with more than 20 nations

The Guardian - UK

The Guardian view on Europe’s Trump challenge: Brussels must hold its nerve and think big

Editorial: A renewed threat of punitive tariffs from the White House is a reminder that the EU must invest in its own values in a volatile and transforming world

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Euronews

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.

Evening Standard

FTSE 100 thrives but tariff threat hurts Europe

US President Donald Trump on Saturday said major trading partners Mexico and the EU would face a 30% tariff starting next month.

The Conversation

Over €10 billion has now been pledged for Ukraine’s recovery. It’s nowhere near enough

Clearly angered by the intensification of Russia’s air campaign against Ukraine, Donald Trump has pivoted from the suspension of US military assistance to Ukraine to promising its resumption. Russia’s strikes on major cities killed more civilians in June than have died in any single previous month, according to UN figures.

Barchart

Dollar Supported by Latest US Tariff Threats

The dollar index (DXY00 ) today is up by +0.07%, and posted a new 2.5-week high. The dollar moved higher due to a slump in stocks, which boosted some liquidity demand for the dollar. Also, President Trump's threats to impose 30% tariffs on goods from the European Union (EU) and...

The Conversation

EU sanctions against Israel: here’s what’s on the table

As the humanitarian crisis in Gaza deepens, calls for the EU to take action against Israel have become all but impossible to ignore.

The Independent UK

Voices: ‘Schengen, the euro, the whole thing’: Readers say UK must fully commit to rejoining EU

YOUR VIEWS: Our community agrees that Brexit’s challenges mean the UK must embrace Schengen, the euro, and full EU membership – no half-measures – to truly move forward

Euronews

Online platforms get further EU guidance on how to protect minors

The European Commission began a few investigations into potential breaches of the Digital Services Act (DSA) around minor protection.

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