President Trump is now justifying tariffs against allies by accusing them of using forced labour goods. This shift creates a new trade dynamic, with the EU securing a better deal than the UK due to its forced labour ban, prompting questions about the UK's future legislative approach.
The EU will intensify measures against Chinese imports before an October deadline to protect its market from overcapacity, as negotiations with Beijing to reduce a €1 billion-a-day trade deficit continue amidst high tensions and threats of retaliation.
MEP Bernd Lange doubts the EU's October deadline for "tangible results" with China is realistic for a binding trade agreement. The EU faces a large trade deficit and seeks to rebalance trade, while China threatens retaliation against protectionist measures.
Le 68e sommet du Mercosur au Paraguay a révélé des divergences sur l'accord commercial avec l'UE. Le président paraguayen Santiago Peña a critiqué les "asymétries" internes, exigeant des "résultats concrets" pour corriger les déséquilibres et assurer une répartition juste des exportations vers l'UE.
China held a forum in Berlin to promote imports from the EU, aiming to ease trade tensions and address its growing trade surplus. The event, attended by officials and executives, sought to showcase China's market potential amid rising regulatory hurdles and geopolitical shifts in Europe.
The European Commission is expected to present options for restricting imports from Israeli settlements in occupied Palestinian territories. This follows pressure from EU member states and a report alleging mislabelling of settlement goods. The move is considered by some as a necessary step against illegal expansion.
EU and China trade tensions rise as EU policymakers consider a tougher stance on trade despite pressure from Beijing
EU Trade Commissioner Maroš Šefčovič aims for intensified negotiations with China to address a widening trade deficit, drawing inspiration from US pre-summit talks. EU leaders will discuss the issue at upcoming European Council and G7 meetings.
EU trade chief Maros Sefcovic met China's Li Chenggang in Paris, calling for practical approaches and 'meaningful discussion' to address trade concerns like non-market practices and overcapacity.
UK Business Secretary Peter Kyle will meet EU Trade Commissioner Maroš Šefčovič to discuss planned EU tariff-free import reductions for British steel. The EU's proposed 47% cut from July 1st, alongside the UK's 60% reduction, sparks fears of collateral damage and retaliatory measures, impacting industries on both sides.
EU trade chief Maroš Šefčovič will meet China's trade envoy Li Chenggang in Paris on Thursday amid strained EU-China relations. The EU seeks to address a large trade deficit and Chinese overcapacity, with member states divided on policy.
The EU and China are discussing the establishment of a new platform for trade and investment issues, aiming to streamline dialogue. China's Ministry of Commerce confirmed the talks, with a Chinese vice-commerce minister expected in Brussels next week.
The EU and China are discussing the establishment of a new platform for trade and investment issues, aiming to streamline dialogue. China's Vice-Commerce Minister Ling Ji is expected to meet with the EU's Director General for Trade, Ditte Juul Jørgensen, in Brussels next week.
A new India-EU trade deal aims to boost business, but Hostinger's decade-long success in India, achieved through localization and affordable tools, shows market understanding is crucial for European firms.
Armenia can now trade with the EU thanks to railways through Georgia, Turkey, and Azerbaijan, according to PM Nikol Pashinyan. The Akhalkalaki-Kars route is now open for Armenian exports and imports, with future connections planned via Nakhchivan to Iran.
France announced a €1 billion investment in quantum computing and €550 million for microelectronics. Meanwhile, Mexico and the EU are set to sign a new free trade agreement, aiming to reduce reliance on the US market. US stock futures saw a slight rise ahead of a long weekend, with investors monitoring Middle East peace talks.
China's Commerce Minister Wang Wentao will meet EU trade chief Maros Sefcovic in Brussels on June 29-30 for crucial talks as trade tensions escalate. The EU is considering a more assertive approach to Beijing, including new tools to address Chinese overcapacity.
The US is reimposing tariffs on EU-made cars due to the EU's failure to comply with a trade deal. Despite a framework agreement in July 2025, the EU has not eliminated tariffs on US industrial goods, prompting the US to act.
The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%, a move the Kiel Institute […] The post Bitcoin faces new tariff risk as EU races to finalize US trade deal this month appeared first on CryptoSlate.
US president expresses impatience at speed of EU’s implementation and warns of ‘much higher’ tariffsUS trade court rules against Trump’s 10% global tariffsBusiness live – latest updatesDonald Trump has walked back from his threat to tear up part of the US trade deal with the EU by hiking tariffs on car imports.The US president has given the EU until 4 July to implement its side of the deal, reducing tariffs to zero on most American imports, warning that the bloc would face “much higher” tariffs if it did not do so. Continue reading...
Glyphosate is currently sprayed on cereal and pulse crops to dessicate them and make them easier to harvestA new trade deal with the EU could lead to restrictions on the use of the controversial weedkiller glyphosate on UK food crops.The full-spectrum herbicide, which kills almost every plant it touches, is often sprayed on wheat, oats and other cereal and pulse crops immediately before harvest to desiccate them and make them easier to handle. Continue reading...
EU Trade Commissioner Maroš Šefčovič is set to meet U.S. Trade Representative Jamieson Greer in Paris to address rising trade tensions following President Trump's threat to hike tariffs on European cars to 25 percent.
EU Trade Commissioner Maroš Šefčovič has warned the bloc will defend its industries after China threatened countermeasures over new EU measures including the Made in Europe proposal and Cybersecurity Act. The EU's trade deficit with China surged to €359.3 billion in 2025, described as 'simply unsustainable'. Šefčovič emphasized the EU will not be pressured and will use trade defence instruments to counter dumped and subsidised Chinese goods.
European Trade Commissioner Maros Sefcovic raised concerns with U.S. Treasury Secretary Scott Bessent about the recent U.S. easing of sanctions on Russian oil, securing assurance the relief would not be repeated. The temporary measure addressed difficulties faced by lower-income countries dependent on oil imports due to Strait of Hormuz closures. Both officials also discussed fertilizer supply chain disruptions impacting Europe and Africa, with Bessent urging G20 nations to take coordinated action.
