Strategic raw materials in Ukraine: A new pillar for EU supply chain resilience
Ukraine’s rich reserves of critical raw materials – from manganese and graphite to lithium and titanium – could become a…
China condemns new U.S. port fees as protectionist and harmful to global trade
Chinese state new agency Xinhua (Xinhua) reported on April 22, 2025 that the United States had introduced new trade measures…
EU appeals panel report in WTO dispute with China on anti-suit injunctions
Today, the EU appealed the WTO panel report in its WTO dispute with China on the Enforcement of Intellectual Property…
Global growth falters amid policy shifts and historic tariff surge, IMF warns
After a brief period of stabilization following years of economic shocks, the global outlook has once again darkened. Shifting policy…
EU Council background: EU tariffs explained
The EU abolished tariffs between its member states when the customs union was created in 1968. Goods imported to the…
EU bolsters economic security with recommendation on export controls
The Recommendation details how Member States can improve information exchange among themselves and with the European Commission on their planned…
Europol: Strike-down on criminal smugglers of hazardous salvage cars from the US
Europol has supported an investigation into a criminal organisation involved in smuggling tens of thousands of hazardous salvage vehicles from…
Speech by U.S. Federal Reserve Chair Powell on the economic outlook
The new U.S. Administration is in the process of implementing substantial policy changes in four distinct areas: trade, immigration, fiscal…
EU Council agrees position to simplify InvestEU regulation to boost competitiveness
EU Member states’ representatives (Coreper) approved today the Council’s negotiating mandate on one of the Commission’s proposals to simplify EU…
Consumer protection: EU Safety Gate 2024 updates list of dangerous products
The EU Commission has unveiled its annual report on Safety Gate, the European Rapid Alert System for dangerous non-food products. The…
Tracing the U.S. dollar’s role as a safe-haven currency – part III: Key findings from Google Gemini
Insight EU is actively exploring and training the capabilities of AI models by engaging them with data-driven questions of contemporary…
Tracing the U.S. dollar’s role as a safe-haven currency – part II: Key findings from ChatGPT
Insight EU is actively exploring and training the capabilities of AI models by engaging them with data-driven questions of contemporary…
U.S. tariffs: EU pauses countermeasures to allow space for negotiations
The European Union has paused its countermeasures on unjustified U.S. trade tariffs to allow time and space for EU-U.S. negotiations. The…
EU Council reviews framework for controlling international arms exports
The EU Council has concluded the review of the EU framework for arms export control, by adopting a decision amending the Council’s Common…
Digital Trade Agreement with Singapore: EU Council moves one step closer
The EU Council today adopted the decision on the signature of the Digital Trade Agreement (DTA) with Singapore. It also…
Reciprocal tariffs should exclude vulnerable developing countries – UN trade body
In a new report released today (14 April 2025), UN Trade and Development (UNCTAD) is amping up calls that the poorest and…
President Trump exempts certain high-tech imports from China from U.S. tariffs
While reaffirming the "national emergency" declared in a prior executive order aimed at addressing the threat posed by persistent U.S.…
China raises additional tariffs to 125 percent on U.S. imports
China will raise the additional tariffs on products imported from the United States to 125 percent, effective from Saturday (April…
Chinese Premier Li holds talks with Spanish Prime Minister Sanchez
Chinese Premier Li Qiang held talks with Spanish Prime Minister Pedro Sanchez in Beijing on Friday. China is willing to further…
EU to provisionally apply EU-Switzerland agreement and Swiss participation in EU programmes
The EU and Switzerland are called upon to strengthen their partnership. The EU Commission has proposed to the EU Council…
Digital Product Passport: EU Commission launches consultation
The EU Commission launched a public consultation on the future Digital Product Passport. The objective is to gather stakeholders' views on how…
European Union and United Arab Emirates agree to launch free trade talks
In a phone call on Thursday, EU Commission President Ursula von der Leyen and Sheikh Mohamed bin Zayed Al Nahyan, President…
EU and Ukraine extend Road Transport Agreement until the end of 2025
The European Union and Ukraine have extended their Road Transport Agreement until 31 December 2025. The agreement facilitates Ukraine's access…
Toy Safety Regulation: EU Council and Parliament strike a deal to protect children
The agreement reached today on the toy safety regulation reinforces the already stringent safety rules, aligns the obligations of economic…
U.S. suspends most reciprocal tariffs for 90 days, escalates duties on China to 125%
U.S. President Donald J. Trump signed his announced executive order suspending the application of country-specific reciprocal tariffs for 90 days—except…
Pausing of U.S. tariffs for Europe: Responses by EU politicians
While finalising the adoption of the EU countermeasures that saw strong support from the EU Member States, the EU Commission…
EU Member States back Commission proposal of trade countermeasures against the U.S.
Today, EU Member States have voted in favour of the European Commission's proposal to introduce trade countermeasures against the United…
China’s response to U.S. tariff hike: Steep counter-tariffs and “fight till the end” policy paper
In a swift and forceful rebuttal to Washington’s steep new tariffs, Beijing is raising duties on U.S. goods to 84%…
Canada: New countermeasures against car imports from the U.S. enter into force
Canada's Minister of Finance, François-Philippe Champagne, confirmed that Canada’s new countermeasures announced last week in response to the unjustified tariffs…
Trump’s global trade war escalates: New U.S Executice Order against imports from China
President Donald J. Trump has intensified the U.S.–China trade conflict he started. In his new executive order, President Trump responds…
EU Parliament discusses new screening rules for foreign investment in the EU
The EU Parliamemnt's International Trade Committee adopted revised rules for screening foreign investments in the EU. Under the new rules, more…
EU Commission: Read-out of the Dialogue with the Pharmaceutical Industry
Participants emphasised the strategic value of this sector to the EU. They raised strong concerns about the broad ramifications of…
EU agri-food exports reach record level of €235.4 billion in 2024
The European Commission's 2024 agri-food report shows that both exports and imports in the sector reached a record level. Despite…
The economics behind the Trump Administration: U.S. CEA Chair Steve Miran on Security and U.S. Dollars
At a Hudson Institute event, Steve Miran, Chairman of Donald Trump's Council of Economic Advisers (CEA), highlighted the United States’…
Read-out of phone call between President von der Leyen and China’s Premier Li Qiang
EU Commission President Ursula von der Leyen and Chinese Premier Li Qiang discussed EU-China relations amid global trade tensions triggered…
China reaffirms commitment to opening up at roundtable with U.S. businesses
China's Ministry of Commerce hosted a roundtable meeting with U.S.-funded companies on Sunday, reaffirming the country's commitment to reform and…
MEPs travel to Washington DC to discuss transatlantic relations with US counterparts
The European Parliament’s delegation for relations with the United States will travel to the US capital from Wednesday to Friday…
ACEA urges dialogue to resolve auto tariffs and to avoid harmful response
The European Automobile Manufacturers’ Association (ACEA) urges the European Commission to seek a constructive, negotiated resolution with the United States…
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Tech sovereignty: First MEP exchange with Executive Vice-President Henna Virkkunen
Henna Vikkunen gave Internal Market MEPs an overview of the Commission’s achievements and forthcoming plans to boost EU competitiveness, security,…
U.S. tariffs: EU proposes zero-for-zero deal on industrial goods — or warns of trade retaliation
During a press appearance with Norwegian Prime Minister Jonas Gahr Støre, EU Commission President Ursula von der Leyen used the…
USA and China: Main results of the EU Foreign Trade Council on 7 April 2025
In light of the recent developments, particularly the (partial) imposition of US tariffs, the ministers took this opportunity to assess…
Agrifood supply chain: EU Council agrees position on cross-border enforcement
EU member states' representatives in the Special Committee on Agriculture (SCA) approved the EU Council’s negotiating mandate on new rules aimed at…
EU Commission: Readout of the EU Dialogue on Steel and Metals
Industry participants raised strong concerns about the broader ramifications of the US tariffs, including the impact on derivatives and the…
Poland: EU approves €1.5bn state aid for reinsurance of transport risks in Ukraine
The European Commission has approved a €1.5 billion Polish scheme under EU State aid rules to provide State-backed reinsurance for…
UNCTAD on global trade tensions: “This hurts the vulnerable and the poor”
In a low-growth, high-debt global economy, higher tariffs risk weakening investment and trade flows - adding uncertainty to an already…
China to impose additional 34-percent tariffs on all U.S. imports on April 10
China will impose additional 34-percent tariffs on all products imported from the United States starting from April 10, the Customs…
Speech by U.S. Fed Chair Powell on U.S. economic outlook and rising uncertainty
U.S. Fed Chair Jerome H. Powell emphasized in his speech that while the U.S. economy remains in good shape, uncertainty…
BusinessEurope: New U.S. tariffs undermine the transatlantic economy
According to the influential European business association, the unilateral US decision to impose additional tariffs on all major US trading…
IMF Managing Director Georgieva: New U.S. tariffs pose significant risk to global outlook
While the International Monetary Fund (IMF) is still assessing the macroeconomic implications of the recently announced U.S. tariff measures, it…
U.S. universal tariffs: AmCham EU urges “de-escalation in tit-for-tat dispute”
The US administration announced the imposition of a 20% tariff on most imports from the EU. In response, the EU…