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Economy

Pharma tariffs: The EU's confident it can dodge US measures

US President Donald Trump announced on Thursday 100% tariffs on pharmaceutical products imported into the US, but the European Commission remains hopeful that the deal concluded with Washington this summer—setting 15% tariffs on EU goods—will also apply to the sector.

Economy

US drops tariffs on EU cars to 15%

The measures concerning cars will apply retroactively from 1 August. Negotiations on aluminium and steel, which remain heavily taxed at 50%, are only just beginning.

Europe News

EU's green demands are jamming trade talks with India

India is pushing back against the inclusion of a dispute settlement mechanism to enforce green standards in the trade deal currently under negotiation with the EU.

Economy

European Commission concludes free trade deal with Indonesia

The Commission has signed a political agreement guaranteeing access for swathes of EU products to the Indonesian market. Jakarta will also benefit from preferential tariffs, including on highly controversial palm oil.

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Economy

EU Commissioner Sefcovic flies to Indonesia to finalise trade deal

Securing access to a new market would be a win for the EU Commission, which is pursuing a trade diversification agenda since relations soured with the US following its imposition of tariffs.

Economy

EU industry struggles with new US rules on imports of steel and aluminium

The US, which slapped 50% tariffs on EU steel and aluminium in June, requires importers to provide proof of origin for these materials when they are part of a finished product: a headache for European industry.

Europe News

Could military business be the game changer for EU-India trade deal ?

Defence and security policies could become the backbone of a new partnership between India and the EU, according to the new EU-India strategy. The document is to be presented on Wednesday by the EU Commission in view of the signature of a €150-billion free trade agreement.

Economy

Clothes imports up 14% in 2025 amid fierce competition from China

The textile industry is sounding the alarm as imports in the fast fashion sector continue to grow steadily.

Europe News

EU and India chase down trade deal with wrangling over food

The fact that agriculture is now being formally addressed in EU-India trade negotiations signals that talks are edging toward the finish line, according to experts.

Europe News

European Commission doubles its bets to gain influence in the Arctic

The European Commission's proposal to double its financial support for Greenland marks a turning point in defending the EU's strategic interests in the Arctic region in the face of Russian, Chinese and American ambitions.

Europe News

Commission launches Mercosur deal ratification amid tensions in France

The European Commission is giving in to French demands by strengthening oversight of the most sensitive agricultural markets, in the hope of defusing resistance from farmers.

Economy

Commission's EU-US deal broker to be grilled in Parliamentary hearing

As the EU’s legislative process kicks off, MEPs will begin debating the EU-US tariff deal on Wednesday. A heated exchange with the European Commission is expected.

Business

EU reports first quarterly trade surplus with Russia in two decades

EU–Russia trade volume fell to its lowest level since 2002 in the second quarter of 2025. The EU also reported a trade surplus for the first time in more than 20 years.

Economy

Does the EU-US trade deal break WTO rules?

By granting tariff advantages to the US, the EU risks violating WTO international trade rules. The political impact could be significant.

Economy

EU Commission's US trade deal set for rocky reception in Parliament

The EU Commission has launched implementation of its trade agreement with the US, promising to ease the burden on the EU automotive sector. But the adoption of the text is not guaranteed, with some MEPs denouncing the agreement as unbalanced.

Europe News

Exclusive: EU countries push to abolish trade barriers with the Med

In the forthcoming Pact for the Mediterranean, the EU considers relaunching an attempt at deeper integration with Mediterranean countries, amidst instability in its relations with the US and China.

Europe News

EU, US closer to clinching trade deal text as Washington shares update

The technical details of the tariff exemptions are long overdue, but the European Commission is optimistic that the text will be finalised soon.

Economy

Who got the best trade deal with the US - the EU or UK?

The EU and UK both concluded trade agreements with the US almost three months apart setting new tariffs on their imports. According to the Commission, the EU got the better deal.

Economy

EU Commission 'surprised' by German minister's jibe on trade deal

The European Commission defended its US trade deal, saying it emerged from clear consultation with member states - including Germany - following a jibe by German Finance Minister Lars Klingbeil criticising the EU’s weakness in negotiations with the US.

Economy

Tariffs: EU Commission to suspend retaliation by another six months

As the EU and the US continue negotiating a joint statement to formalise their tariff deal, the EU executive is again postponing a package of countermeasures that were due to enter into force on 7 August.