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The Latest Breaking News from Maros Sefcovic

US to uphold tariff caps in deals with EU, Japan: Greer

The US has struck deals with ‌the EU and Japan that limit US ⁠tariffs on most EU or Japanese imports to a maximum of 15 per cent.

AAP

EU to force companies to buy components from non-Chinese suppliers: Report

The European Union is preparing new rules. Companies will need to source critical components from multiple suppliers. This aims to lessen dependence on China. The measures will impact key sectors like chemicals and machinery. The EU seeks to counter China's trade leverage. Plans are set for presentation and potential endorsement…

The Economic Times

EU and US trade officials meet in Paris as tensions rise over Trump tariff threat

European Union and United States trade officials are set for fresh talks in Paris on Tuesday, to discuss Washington’s threat to ramp up tariffs on European vehicles from the previously agreed 15 percent to 25 percent.

Radio France Internationale

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Trade deal likely as European president confirms visit

Trade and security deals could be signed when the European president and trade commissioner land in Australia for a three-day visit.

AAP

Australia and EU on the brink of a free trade deal

European Commission President Ursula von der Leyen might travel to Australia within the week to sign a long-awaited free trade deal with Australia.

AAP

Positive signs of progress on elusive trade agreement

An elusive EU-Australia free trade agreement could soon be finalised, with Australia's trade minister confident a deal is within reach.

AAP

Next UK-EU summit should ‘go further’, says Starmer ahead of talks

His comments come as ministers prepare for another round of talks with EU trade commissioner Maros Sefcovic next week.

Evening Standard

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Scurry to seal Australia trade deal as EU chief visits

A planned visit by European Commission president Ursula von der Leyen to Australia has spurred urgency among top trade negotiators to finalise an elusive pact.

AAP

Reports from Ukraine peace talks ‘positive’ – Irish foreign affairs minister

Helen McEntee said further work was still needed to end the conflict with Russia.

Evening Standard

Trump tariffs on pasta could soon top 100 percent: ‘Double the price’

‘I believe this is totally inappropriate, because Italy and America are brothers. It is an excuse not to let Italian products in,’ says one pasta maker

The Independent UK

EU Channels Trump With Tariffs To Shield Steel Sector

The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.

International Business Times

EU postpones anti-deforestation rules as bloc signs trade deal with Indonesia

EU environmental chiefs have announced another one-year delay to plans to tighten up rules on importing products such as soy, beef and cocoa that have been linked to forest destruction.

Radio France Internationale

Indonesia, EU Sign Long-awaited Trade Deal

Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a senior minister said.

International Business Times

EU competes with Russia and China to court closer ties with India

European Commission President Ursula von der Leyen has renewed calls for a comprehensive trade agreement with India, signalling that the EU aims to finalise the deal before the end of the year.

Radio France Internationale

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The Independent UK

EU says India’s ties to Russia major stumbling block in free trade agreement talks

Brussels says New Delhi’s purchase of Russian oil and participation in Russian military exercises ‘stand in the way of closer ties’

International Business Times

EU Says India's Russia Links Jeopardise Closer Ties

The European Union's top diplomat warned Wednesday that its push for closer ties with India could be hampered by New Delhi's purchases of Russian oil and involvement in military drills with Moscow.

Euronews

EU moves to sanction Israel over Gaza, West Bank humanitarian crisis

Commission proposes package of sanctions that were trailed by Ursula von der Leyen in her State of the Union speech in Strasbourg last week.

International Business Times

EU Presents Mercosur Deal For Member States' Approval

The EU put forward a huge trade deal with South American bloc Mercosur for approval by member countries Wednesday, reassuring chief critic France it came with "robust" safeguards to protect farmers.

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Radio France Internationale

EU winemakers left exposed after missing US tariff exemption

Winemakers across Europe face fresh uncertainty after the US refused to grant special treatment for wine and spirits in a trade deal with the EU announced on Thursday. While German carmakers have secured a better outcome, wine industry groups in France and Italy warn producers face major difficulties as Brussels…

International Business Times

EU Gets 15% US Tariff For Cars, Fails To Secure Wine Reprieve

Details of a US-EU trade deal published Thursday showed Brussels secured a tariff reduction for cars exported to the United States but failed to win a reprieve for its cherished wine sector.

Barchart

Stock Index Futures Gain on Strong Earnings and Fed Rate-Cut Bets

September S&P 500 E-Mini futures (ESU25) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.30% this morning, extending a rebound driven by bets on Federal Reserve interest rate cuts and solid corporate earnings.

International Business Times

EU Defends Trump Trade Deal Facing Backlash

The European Union on Monday vehemently defended its trade deal with President Donald Trump, with EU capitals and businesses sharply divided on an outcome some branded a "capitulation".

Al Jazeera

US-EU trade talks: Will Ursula von der Leyen clinch a deal with Trump?

The US president is to meet the EU chief in Scotland as Brussels strives for a deal before Trump’s Friday deadline.

Al Jazeera

What retaliatory action is the EU planning over Trump’s tariffs?

Europe’s trade commissioner insists ‘we want to use every minute until 1 August to find a negotiated solution’.

International Business Times

EU Threatens US Planes And Whiskey While Pressing For Deal

Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal.

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