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The Latest Breaking News from the European Union

Dollar Sinks as President Trump Threatens to Escalate Trade War

The dollar index (DXY00 ) today is down by -0.62% at a 3-week low. The dollar tumbled today after President Trump threatened a 50% tariff on goods from the European Union on June 1, saying "Our discussions with them on trade are going nowhere." The dollar was also pressured by...

Barchart

The iPhone 17 could come with a nasty price hike – here's how

President Trump has effectively threatened to put tariffs on iPhones and goods from the European Union, which could lead to pricier Apple products.

TechRadar

Trump threatens 25% tariff on Apple iPhones and 50% on EU products starting June 1

Trump’s threat against Apple appeared to be a tacit admission that importers and consumers, rather than foreign countries, are responsible for paying the tariffs he has imposed and threatened.

The Independent UK

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Meet the MEP who wants to bring Canada into the European Union

Almost half of Canadians want to join the European Union and one German MEP is doing his best to make it possible. For him, geography is relative.

Euronews

Data is driving trade deal pursuit, not ‘post-imperial delusion’, minister says

The Liberal Democrats are warning the Government that a summit with the European Union on May 19 should not be a missed opportunity.

Evening Standard

Italy’s Meloni is positioning herself as bridge between EU and Trump – but will it work?

Italian Prime Minister Giorgia Meloni recently became the first European leader to visit the United States after President Donald Trump announced a new tariff regime on trading partners, including a 20% levy on imports from the European Union.

The Conversation

Asian And European Stocks Rise In Wake Of Wall Street Rally

US stocks rallied for a third straight session on Thursday, shrugging off signs that US trade deals with China and the European Union aren't imminent despite promising signs elsewhere.

Latin Times

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EU Still Far From Tariff Deal With US: French Minister

The European Union and United States are far from reaching a deal on tariffs, France's economy minister said Thursday, as the bloc seeks a way out from trade tensions with Washington.

International Business Times

US Tariffs on European Goods: Cyprus Accountants Break Down the Implications

The ongoing transatlantic trade tensions have taken a sharper turn with the United States announcing a new 20% tariff on all imports from the European Union. This move has prompted immediate countermeasures from the EU, marking another chapter in the ongoing cycle of reciprocal tariffs.

inkl

Xi calls for fair global governance during meeting with Spain's Sánchez

Tariffs announced last week and than paused by US President Donald Trump could push the European Union to pursue more trade with China, the world's third-largest consumer market after the US and the EU.

Euronews

Trump Tells US To 'Be Cool' As China, EU Strike Back

US President Donald Trump brushed off global market panic Wednesday after China and the European Union announced retaliatory tariffs, telling Americans to stay "cool" despite his spiraling trade war.

International Business Times

Benn: NI gains from Windsor Framework will face consequences of US tariffs

Conservative former Northern Ireland secretary Sir Julian Smith said the Windsor Framework arrangements provide ‘a unique competitive advantage’.

Evening Standard

Here's How Automakers Are Reacting to Trump's Tariffs

The Trump Administration recently announced a 10-percent baseline tariff on all goods imported into the United States, including vehicles. Some countries will face even higher costs, with goods from China subject to 34-percent tariffs, and goods from the European Union subject to 20-percent tariffs.

Motor1

Macron lashes out against Trump's 'brutal' tariffs, calls for a pause in investment

The European Union 'must not rule out anything' to retaliate against the so-called Liberation Day tariffs, Emmanuel Macron said.

Euronews

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The Conversation

How the UK and Europe could respond to Trump’s ‘liberation day’ tariffs

In a carefully choreographed address from the White House Rose Garden, US president Donald Trump announced a massive package of trade tariffs. These include 20% on imports from the European Union, 24% on those from Japan, 27% for India, and 34% for China. The UK gets the lowest rate, at…

International Business Times

France Says EU To Target US Online Services After Trump Tariffs

The European Union is "ready for a trade war" with the United States and plans to "attack online services" in response to Donald Trump's new tariffs, the French government spokeswoman said Thursday.

Euronews

'Major economic blow': EU and world leaders react to Trump's tariffs

US President Donald Trump’s announcement of a new 20% tariff on the European Union drew a sharp rebuke from European Commission President Ursula von der Leyen.

International Business Times

Financial Markets Tumble After Trump Tariff Announcement

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China and the European Union in particular, with the risk of undermining the international economy.

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Evening Standard

Ireland’s premier warns ‘old order is changing’ in call for EU-US negotiations

Micheal Martin said the looming tariffs are the ‘most serious issue’ to face the Irish economy.

Radio France Internationale

EU vows retaliation after Trump slaps 25 percent duty on foreign cars

The European Union has vowed to take "proportionate and necessary" action after US President Donald Trump announced steep new tariffs on all foreign-made cars, a move set to fuel tensions with trading partners worldwide.

The Independent UK

Former Russian minister ‘shocked’ to learn he was subject to sanctions in UK

Dmitrii Ovsiannikov, 48, the former mayor of Sevastopol in illegally annexed Crimea, is facing seven counts of circumventing sanctions.

International Business Times

Tesla Sales Sink By Nearly Half In Europe

Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk's politics and ageing models may be turning consumers away.

The Independent UK

Canada in talks with the EU to reduce US defense reliance: AP source

A senior Canadian government official says Canada is in discussions with the European Union to join a EU drive to break its security dependency on the United States

The Conversation

European defence spending: three technical reasons for political cooperation

How much would it really cost the European Union to defend itself against aggression? In the immediate term, that question, of course makes us think of Russia, but we can no longer exclude multiple other possibilities, including the potential need to defend territory – say, Greenland – from a former…

Radio France Internationale

Rwanda says cutting diplomatic ties with Belgium, as EU announces sanctions

Rwanda announced on Monday it is severing diplomatic ties with Belgium, saying the European nation had "consistently undermined" Kigali during the ongoing conflict in the Democratic Republic of Congo. This comes as the European Union announced sanctions against a number of senior Rwandan military commanders.

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