Tension rose among the richest countries in the world on Friday (8 June) as US President Donald Trump threatened to impose more tariffs on European and Canadian products ahead of a G7 meeting in Canada.
French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau expressed support for "strong multilateralism" in Ottawa Wednesday before the G7 summit, where US President Donald Trump's aggressive trade policies are sure to raise hackles.
The EU is set to impose €2.8billion worth in tariffs on US exports in early July in response to duties Donald Trump's administration has levied on European steel and aluminium, the European Commission confirmed on Wednesday (6 June).
The EU's Trade Commissioner Cecilia Malmström warned at a press conference on Friday (1 June) that "the US is playing a dangerous game" and announced measures the EU will launch in "a matter of weeks" against US trade restrictions on steel and aluminium. But she admitted it was a "very difficult, dangerous situation".
President Donald Trump announced on Thursday (31 May) that the United States would slap tariffs on steel and aluminium from the EU, Canada and Mexico, prompting Europe to say it would respond with "counterbalancing measures within hours" in what amounts to a trade war with Washington.
The EU's Trade Commissioner Cecilia Malmström expressed concern on Thursday (24 May) about the US administration's announced plan to launch an investigation into imports of cars and trucks that might lead to new tariffs.
Europe’s most important task for the rest of this year is to stay strong and united in the face of challenges coming from the United States, the European Commision First Vice-President Frans Timmermans told a business forum on Wednesday (23 May), in comments likely to irk Washington.
EU leaders demanded on Thursday (17 May) “permanent” and “unlimited” exemption from US President Donald Trump’s tariffs as a precondition for any trade negotiation with his administration, including market access.
The European Union's top official launched a stinging attack Wednesday (16 May) on President Donald Trump, slamming his "capricious assertiveness" and saying the US leader acted more like an enemy than a friend.
US President Donald Trump on Monday (30 April) held off on imposing controversial tariffs on steel and aluminum from the European Union, Canada and Mexico, offering them a 30-day reprieve after fears of a trade war spooked Wall Street.
The 25% …
ECB President Mario Draghi said on Thursday (26 April) that all eurozone countries experienced “some moderation in growth or loss of momentum” over the past weeks, as the institution is carefully reassessing how to exit the unconventional monetary measures adopted during the crisis.
French President Emmanuel Macron urged the United States to embrace multilateralism and warned of the perils of trade war and "extreme nationalism" in an address to Congress on Wednesday (25 April), pushing back against Donald Trump's "America First" agenda.
EU commissioner for trade Cecilia Malmström demanded on Wednesday (18 April) a “permanent and unconditional” exemption from US President Donald Trump´s tariffs and said the UE would not negotiate anything "under threat”.
Slow trade growth will be the dominant feature of the world economy in the coming decade, not because of the latest tariffs, but because of a slowdown in three longer-term trends, write Ilaria Maselli and Ataman Ozyildirim.
The European Commission is “closely examining” the option of filing complaints against China before the World Trade Organization for their rules and practices on intellectual property, a spokesperson told EURACTIV on Wednesday (4 April).
To save the transatlantic alliance, it is essential for the EU to deal with its internal problems in order to become a more reliable and credible partner for the US in the future, writes Fraser Cameron.
The EU is unlikely to secure permanent exemption from US steel and aluminium tariffs by the time President Trump’s stopgap reprieve from the measures expires on 1 May, Commission chief Jean-Claude Juncker said Friday.
EU leaders postponed a decision on trade as the first day of a European Council summit wrapped up around 1AM on Friday morning (23 March), in a display of their wariness about the Trump administration’s announcement hours earlier that it will exempt Europe from tariffs on steel and aluminium.
U.S. President Donald Trump will not apply new steel and aluminium tariffs to the European Union and six other trading partners which are currently negotiating exemptions, U.S. Trade Representative Robert Lighthizer said on Thursday (22 March).
As America retreats after Trump's plans to impose tariffs on steel and aluminium imports, the world is moving on. Now is the time for the EU to take the lead in maintaining the global trade system, writes Shada Islam.
A compromise could be reached as soon as this week between the European Union and United States over the tariffs President Donald Trump imposed on steel and aluminium, a German minister said Monday (19 March).
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