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The Latest Breaking News from European Union

Which country in Europe is home to the continent's heaviest drinkers?

Alcohol consumption in the EU has declined by 0.5 litres between 2010 and 2020. Bucking the trend, several countries have increased their consumption.

Euronews

China needs friends in Trump’s trade war. But Xi may have to go it alone

Beijing has launched a charm offensive with other countries as US tariffs tighten. If they can’t be won over, it may have no choice but to stimulate its vast domestic market

The Guardian - UK

Trump tariffs come into effect in ‘seismic’ shift to global trade

‘Baseline’ 10% import levy takes effect at US seaports, airports and customs warehouses, with some higher tariffs to begin next week

The Guardian - UK

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‘We can’t sit back and watch’: Former MI6 boss says Britain must get ready for war as Putin threatens Europe

Exclusive: As a Russia-Ukrainian ceasefire looks no closer, Sir Alex Younger tells The Independent how the UK is too detached from the threat posed by Putin – and that our ‘collective effort’ needs to change

The Independent UK

US lowers tariffs on two French overseas territories, as world economy trembles

As US President Donald Trump's widest-ranging tariffs to date took effect Saturday, the White House said it had lowered planned levies on two French overseas territories. Trump's move has already triggered retaliation and economists fear a major upset to the global economy.

Radio France Internationale

What is Trump really trying to achieve with his tariff plan, and will it work?

What is President Trump really trying to do with his tariff plan: Is it to protect American jobs, is it about leveling the playing field, or is it about taking the head out of the economy?

Fortune

Eight countries in Europe use renewables for more than half of their heating and cooling needs

District heating networks help Nordic and Baltic countries top the list, while many major economies are lagging behind.

Euronews

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Central Asia eager to cooperate with the EU ‘as a bloc’

The leaders of five Central Asian countries were all eager to show the importance of strengthening relations with the European Union but also the importance of their economies and potentials for Europe at the first EU-CA summit in Samarkand, Uzbekistan.

Euronews

The West has big plans for nuclear power: Will geopolitics play ball?

As artificial intelligence ramps up energy needs, experts say we’ve reached a ‘nuclear revival’. Pledges are in place — but can supply chains support them?

Euronews

‘It could’ve been much worse’: how UK avoided a bigger blow from Trump tariffs

No 10 has been criticised for ‘sucking up’ to Donald Trump, but believes its defensive strategy has been vindicated

The Guardian - UK

Trump's Global Tariff Takes Effect In Dramatic US Trade Shift

US President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy.

International Business Times

European and US markets continue to drop after Trump's global tariffs

Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50%.

Euronews

US stock markets continue slump as China hits back on Trump tariffs

Top indices see worst two-day stretch since COVID pandemic, as Fed chair warns of increased inflation and unemployment.

Al Jazeera

Stock Plunge as Trade War Escalates

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -5.97%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -5.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -6.07%. June E-mini S&P futures (ESM25 ) are down -6.38%, and June E-mini Nasdaq futures...

Barchart

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Euronews

EU seals new Central Asia partnership deal as debut Samarkand summit ends

Amid global tensions following Trump's tariff announcements, the EU marked 30 years of diplomatic ties by declaring a new strategic partnership with Central Asia.

Radio France Internationale

As Europe pours money into defence, reliance on US remains a sticking point

Tensions with the United States are rising as Europe draws up plans to spend hundreds of billions of euros on defence. EU leaders say the bloc must prepare to rely less on American military support, but Washington has warned against shutting US arms makers out of future contracts. Analysts say…

Euronews

Commission watching for Chinese steel and electronics imports amid trade war

As reciprocal tariffs kick in, the EU is expecting goods formerly destined for the US to seek EU markets, with Chinese renewables, steel and electronics topping a list of products the Commission is keeping its eye on.

Barchart

Stock Rout Continues on Global Trade War Fears

The S&P 500 Index ($SPX ) (SPY ) today is down -4.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -3.79%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -4.76%. June E-mini S&P futures (ESM25 ) are down -4.09%, and June E-mini Nasdaq futures...

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International Business Times

How Can The EU Respond To Trump Tariffs?

The EU has said "everything is on the table" as it readies its response -- including possibly targeting US Big Tech and taxing more American goods -- to President Donald Trump's sweeping new tariffs should talks with Washington fail.

Euronews

What impact will new US tariffs have on the wallets of people in Europe?

The 20% tariffs imposed by the Trump administration on European products could drive down prices on the continent.

The Independent UK

John Rentoul answers your Trump tariffs questions from the ‘Brexit dividend’ to chlorinated chicken

ASK ME ANYTHING: In a live Q&A, The Independent’s chief political commentator John Rentoul fielded readers’ questions on Trump’s trade war, its global consequences, and the UK’s options for navigating this latest storm

International Business Times

Trump Goads China After Beijing Retaliates In Global Trade War

President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."

Euronews

Central Asia-EU summit in Samarkand marks historic regional unity

Central Asia and the EU announced a strategic partnership at the Samarkand summit, focusing on transport, energy and digital projects to boost regional cooperation.

Barchart

Stock Losses Deepen on China Retaliatory Tariffs

The S&P 500 Index ($SPX ) (SPY ) today is down -2.89%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -2.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.83%. June E-mini S&P futures (ESM25 ) are down -2.62%, and June E-mini Nasdaq futures...

The National (Scotland)

Majority in Wales would vote for independence with EU membership, poll finds

A MAJORITY of people in Wales would vote for independence if the country could rejoin the European Union, a poll has found.

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