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The Latest Breaking News from Valdis Dombrovskis

Carmakers unhappy after EU hits China with tariffs on electric vehicles

The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war. But company reps in both China and Europe are critical of the steps.

Radio France Internationale

EU brushes aside risk of China trade war over electric vehicle tariffs

Higher levies on Chinese EV imports to come into force despite carmakers’ fears of retaliation

The Guardian - UK

EU Slaps Chinese Electric Cars With Tariffs Of Up To 38%

The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war.

International Business Times

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China And EU To Initiate Discussions On Subsidies For Electric Vehicles

Last week, the EU threatened Chinese electric vehicle (EV) manufacturers with tariffs of up to 38%, effective from July 4.

International Business Times

EU agrees 'prohibitive' tariffs on Russia, Belarus grain imports

European Union states on Thursday agreed to hike tariffs on grain imports from Russia and Belarus in a bid to cut off revenues to Moscow for its war on Ukraine.

Radio France Internationale

EU Eyes Tariffs To 'Choke Off' Russian Grain Sales

The EU is looking to "choke off" revenue Russia uses for its war on Ukraine by slapping "prohibitive tariffs" on grain and related imports into the bloc, under a plan being put to a leaders summit on Friday.

International Business Times

Australia open to resuming stalled EU trade talks

Despite talks between the European Union and Australia for a free trade deal falling over, the Albanese government is willing to head back to the drawing board.

AAP

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US-EU Steel Talks In Limbo As Elections Loom

The United States and the European Union remain far from resolving a gridlock on their trade in metals, even as both sides agreed to extend a truce this week ahead of a year-end deadline.

International Business Times

EU to boost Gaza aid amid Israel-Hamas truce

The bloc welcomed the opportunity of the four-day window; also says development aid is not being stolen by Hamas.

Al Jazeera

EU seeks to protect sensitive technology from Chinese buyers

The EU on Tuesday unveiled a list of sensitive technologies that Brussels says should be kept out of the hands of rivals, as the bloc takes further measures to confront aggressive trade policies from China.

Radio France Internationale

Elon Musk's Shanghai-built Tesla EVs targeted in EU probe into Chinese state subsidies to avoid 'a race to the bottom'

Tesla's Chinese factory is one of the largest car plants in the world — and its most profitable.

Fortune

EU commissioner, in China, calls for more balanced trade and warns that Ukraine could divide them

The European Union’s trade commissioner has called for a more balanced relationship with China, noting a trade imbalance of nearly 400 billion euros ($425 billion)

The Independent UK

Waiting for India’s counter proposal on investment court system: EU Trade Commissioner

EU awaits India's response to its proposal for an 'Investment Court System' as a forum for trade arbitration. EU remains world's largest trading market despite risk factors. EU-India FTA talks have made progress, with EU-India Trade & Technology Council meeting in May.

The Hindu

EU and Kenya sign trade deal in Nairobi in a move to strengthen continental ties

The European Union and Kenya signed a key trade deal on Monday as EU officials seek deeper economic ties with Africa.

Radio France Internationale

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The New Daily

EU aims to seal Australia trade deal in a few months

Swedish Trade Minister says there is very strong support among European Union countries for a free trade deal with Australia.

The Independent UK

Europe's outlook for economic growth brightens — a little

The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis

Reuters

Deal reached in principle to resume Ukraine grain transit with 5 EU countries

The European Commission said on Friday it had reached a deal in principle to allow the transit of Ukrainian grain to resume through five European Union countries that had imposed restrictions.

Bangkok Post

Negotiations with EU set to resume

Thailand and the European Union (EU) on Wednesday announced the relaunch of free trade agreement (FTA) negotiations, with the aim of concluding the talks within two years.

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Bangkok Post

Thailand, EU look to resume free trade talks by March

Thailand and the European Union (EU) have agreed to restart negotiations over a free trade agreement, officials said on Thursday, nearly a decade after talks were stalled by a military coup in the Southeast Asian country.

Reuters

EU trade commissioner offers Ukraine 'unwavering support'

European Union trade commissioner Valdis Dombrovskis offered Ukraine the 27-nation bloc's "unwavering support" on Friday and condemned Russia's "brutal war" on its neighbour during a visit to Kyiv.

The Independent UK

EU eyes cheap loan plan for 'stable' Ukraine funding in 2023

The European Union is planning to provide Ukraine with around 18 billion euros in financial aid next year to help the war-ravaged country keep its energy and health care facilities running, and to fund salaries and pension schemes

InsideEVs

European Union Demands Level Playing Field For Its EVs In The US

Asked if EU EVs could get similar subsidies as US EVs in USA, US Trade Representative Katherine Tai said she expected the sides would reach an agreement.

Reuters

European Union to integrate aid for Ukraine into 2023 budget

European Union finance ministers agreed on Tuesday to integrate the EU's support payments to Ukraine into its 2023 budget to make disbursements more structured and predictable, European Commission Vice President Valdis Dombrovskis said.

The Hindu

India and European Union discuss Free Trade Agreement, price cap on Russian oil

Commerce and Industry Minister Piyush Goyal met Executive Vice-President of the European Commission Valdis Dombrovskis in Bali.

The Independent UK

EU: US electric vehicle tax credit reduces buyers' choices

The European Union trade chief says a new U.S. tax credit aimed at encouraging Americans to buy electric vehicles could eventually backfire and limit choices for American consumers

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