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The Latest Breaking News from European Union

EU examines US proposal of 10% tariffs but concerns remain on sectoral tariffs

A preliminary agreement is expected by Wednesday, according to sources, with implementation planned by 1 August. Negotiations are accelerating to secure exemptions from a baseline 10% tariff in some strategic sectors.

Euronews

Germany summons China's ambassador after military aircraft lasered in Red Sea

The maritime surveillance aircraft was part of the EU mission Aspides, which is intended to better defend civilian ships against attacks by Yemen’s Houthi rebels.

Euronews

The Electric Porsche Macan Is Outselling the Gas Model. But There's More to the Story

Big news coming from Porsche today. With the first half of the year in the rearview mirror, Zuffenhausen is sharing some interesting sales data. The Macan saw a 15 percent increase compared to the January–June 2024 period, rising to 45,137 units to become the brand’s best-selling model. It’s no surprise…

Motor1

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Germany summons China's ambassador after a military plane is lasered over Red Sea

Germany has summoned the Chinese ambassador after a Chinese warship targeted a German military aircraft with a laser in the Red Sea

The Independent UK

Poland’s border clampdown highlights EU tensions as leaders gather in London

Poland has reinstated border controls with Germany and Lithuania, marking a significant shift in the region’s approach to free movement within the Schengen Area. The decision, announced by Prime Minister Donald Tusk, comes amid growing concerns over illegal migration and follows similar measures introduced by Germany earlier this year. The…

Radio France Internationale

EU and US must work ‘intensively’ to get tariff deal before deadline

Countries had been working to a Wednesday deadline to make a new deal with the Trump administration.

Evening Standard

Apple Fights Back Against EU's $586 Million Fine, Says Penalty 'Far Beyond What The Law Requires'

Apple Inc. (NASDAQ:AAPL) has filed an appeal against the €500 million ($586 million) fine imposed by the European Union (EU) over alleged anti-competitive practices on its App Store.

Benzinga

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Macron will enjoy his royal welcome. But the Franco-British relationship remains a love-hate affair

The French leader will never agree to special EU concessions for the UK despite its strategic importance to Europe, says Paul Taylor of the European Policy Centre

The Guardian - UK

German exports drop as US shipments decline ahead of tariff deadline

Exports had jumped in February and March as German manufacturers sought to get ahead of tariffs threatened by the US. Shipments then dropped dramatically in the following two months, pointing to a short-lived surge.

Euronews

Beijing Rejects Elon Musk As A 'Geopolitical Asset': Lukewarm Response To Chinese Diplomatic Overreach, Trump Feud Reportedly Diminishes Musk's Value

Chinese officials have reportedly cooled on Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), as a potential geopolitical asset due to his public fallout with President Donald Trump.

Benzinga

Trump says EU has been ‘very nice to us’ in trade talks and decision on tariffs is close – as it happened

US president Donald Trump says the US is ‘probably two days off from sending them [the EU] a letter’ on tariffs

The Guardian - UK

Business news live: Two more lenders drop mortgage rates and Monzo fined £21m over crime controls

Stock markets updates and business news from Tuesday

The Independent UK

What is going on with Trump’s tariffs? All you need to know as trade deal deadline delayed again

Stock market volatility and costs to small businesses are just two of the knock-on effects from the tariffs

The Independent UK

Web content checkers still missing from half of EU member states

The DSA obliges online platforms to meet transparency and content moderation requirements, among others.

Euronews

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Radio France Internationale

EU gets reprieve as Trump announces higher tariffs on Japan, South Korea

The European Union will not face higher tariffs from the United States, unlike several other countries that received letters from US President Donald Trump Monday informing them of sharply higher tariffs on goods starting 1 August.

Euronews

EU Parliament confidence vote: Where do parties stand on von der Leyen?

Most of the political groups are not set to endorse the motion of censure that would topple von der Leyen's Commission. But she was not spared from criticism.

International Business Times

Bulgaria To Get Final Green Light To Adopt Euro In 2026

EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when the country would become the single currency area's 21st member.

Radio France Internationale

Macron to co-chair Ukraine talks while in UK for state visit

Emmanuel Macron is expected for a three-day state visit in the UK starting Tuesday, when he will address parliament. The French president will also co-chair a summit with UK Prime Minister Keir Starmer and European leaders to discuss boosting Ukraine's defences.

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Euronews

Is the EU doing enough to integrate Ukrainian defence tech into its rearmament plans?

A promising first step but Ukraine is still not included in the “common planning” that the European Union is doing regarding its rearmament plans, an expert tells Euronews Next.

International Business Times

France's Macron Kicks Off Pomp-filled UK State Visit

French President Emmanuel Macron begins a three-day state visit to Britain on Tuesday, which will see him address parliament and try to rekindle a purportedly warm relationship with King Charles III. The French leader will hold several meetings with UK Prime Minister Keir Starmer, who promised to reset relations with…

International Business Times

Slovak Gunman Who Shot PM To Go On Trial

The man who admitted to shooting Slovak Prime Minister Robert Fico is due to stand trial on terror charges on Tuesday, more than a year after the attack shocked the central European country.

Barchart

Stocks Slide on Trade Tensions

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.79%. September E-mini S&P futures (ESU25 ) are down -0.82%, and September E-mini Nasdaq futures...

The Guardian - UK

Man kidnapped by Argentina’s military regime as baby is reunited with relatives

Forty-nine-year-old is 140th child found by Grandmothers of the Plaza de Mayo, who search for people ‘disappeared’ under 1976-83 dictatorship

Evening Standard

Taoiseach ‘hopeful’ of EU-US deal as tariff deadline pushed back

The Taoiseach remains ‘hopeful’ that the EU can reach a deal with the US on tariffs, as the Trump administration pushed back a looming deadline.

Barchart

Slowing Ivory Coast Cocoa Exports Boosts NY Cocoa Prices

September ICE NY cocoa (CCU25 ) Monday closed up +99 (+1.22%), and September ICE London cocoa #7 (CAU25 ) closed down -66 (-1.20%) Cocoa prices on Monday settled mixed, with London cocoa falling to an 8-month nearest-futures low. London cocoa prices retreated on Monday after several European Union (EU) member...

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