European Commission President Jean-Claude Juncker will meet with US President Donald Trump at the White House on 25 July in an attempt to repair the strained relations between the transatlantic allies.
The European Union and China agreed to enhance market access and investment and to speed up negotiations over geographical indications during a leaders’ summit in Beijing on Monday (16 July). But EU leaders indicated they wanted to see China's promises translated into action.
The European Commission cut expected EU growth for this year by 0.2% compared to its forecast less than three months ago, as output was weaker than expected during the first semester and external risks, especially the trade war, are on the rise.
The European Commission said on Wednesday (11 July) that “all possible options” are on the table to respond to the confirmation of the US tariffs on Spanish ripe olives, seen by the Europeans as ‘not justified’.
In May 2018, Donald Trump commissioned the US Department of Commerce to investigate whether car imports constitute a threat to US national security. It would seem so according to figures, but that is no more than an excuse to impose tariffs, writes Dr Clemens Fuest.
The EU and China are speeding up preparatory work for their bilateral summit in Beijing in mid-July. The two sides are trying to agree on a joint position despite differences on trade issues including subsidies and market access.
The US Chamber of Commerce on Monday (2 July) denounced President Donald Trump's handling of global trade disputes, issuing a report that argued tariffs imposed by Washington and retaliation by its partners would boomerang badly on the American economy.
The EU has threatened the US with countermeasures worth $294 billion if the Trump administration imposes further tariffs on European cars as a result of the ongoing investigation into whether they pose a possible threat to national security.
The EU leaders agreed “in substance” on Thursday (28 June) on a set of proposals to improve the World Trade Organisation, which should pave the way for finding common ground with US President Donald Trump and de-escalating the ongoing trade dispute. But Italy blocked their formal adoption until the migration issue was fully addressed.
Harley-Davidson announced on Monday (25 June) it would move some production out of the US to avoid EU tariffs and it might not be the last to do so. That has prompted European consumers’ organisations and importers to warn of the negative impact on consumers.
The “horror” summit finally happened. But contrary to what European Commission top official Martin Selmayr expected two years ago, Donald Trump was enough to throw decades of Western Alliance down the drain.
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.
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.
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.
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 new German Economy Minister Peter Altmaier will meet with senior US officials on Monday and Tuesday (19-20 March) to discuss the Trump administration's tariffs on steel and aluminium shortly before EU Commissioner Cecilia Malmström arrives in Washington, officials confirmed to EURACTIV.
The EU financial support to farmers, including to Spanish olive producers, does not distort trade, European Commission sources told EURACTIV.com in light of the rising tensions between Brussels and the US government over trade.