EU ministers pledged on Monday to accelerate trade negotiations with Washington as President Trump’s looming 30% tariffs threaten to upend transatlantic commerce.
European Union ministers have agreed to prioritise negotiations with the United States to prevent sweeping 30% import tariffs announced by President Donald Trump, warning that such measures would have devastating consequences for EU-U.S. trade.
European Trade Commissioner Maros Sefcovic described the new tariff threat as a serious turning point in negotiations. “A 30% tariff rate would make it almost impossible to continue trading as before,” he said ahead of a ministerial meeting in Brussels. “We must do everything we can to avoid this super-negative scenario.”
While Trump has set August 1 as the deadline for imposing the tariffs, EU diplomats believe there is still time to reach a deal. The European Commission has proposed suspending its first package of counter-tariffs worth €21 billion and is considering a second package targeting €72 billion in U.S. goods.
However, officials remain divided on the bloc’s response. Danish Foreign Minister Lars Lokke Rasmussen urged unity but stressed the EU must be ready for all outcomes: “If you want peace, you have to prepare for war.”
France has taken a tougher stance, with Trade Minister Laurent Saint-Martin calling for broader retaliation. He urged the EU to consider targeting U.S. services or invoking its "anti-coercion" tool, designed to counter external economic pressure.
Despite signs that U.S. negotiators remain open to compromise, Sefcovic warned the EU must brace for “all possible scenarios,” signalling turbulent weeks ahead for transatlantic trade.
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy S...
Donald Trump’s special envoy Steve Witkoff and senior adviser Jared Kushner will travel to Islamabad on Saturday for Pakistan-mediated talks ...
Iran is pursuing a dual-track strategy in the Strait of Hormuz, balancing cooperation with South Korea while increasing military pressure, as tensi...
Around 14% of Central Asia’s population - about 12 million people - are facing food shortages, according to the United Nations. The...
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and productio...
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy Steve Witkoff and adviser Jared Kushner to Islamabad for talks with Iran under Pakistani mediation.
Donald Trump’s special envoy Steve Witkoff and senior adviser Jared Kushner will travel to Islamabad on Saturday for Pakistan-mediated talks with Iran, the White House said.
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and production of critical minerals, the U.S. State Department confirmed late on Thursday.
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday, exclusively to Reuters.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
The U.S. military is redirecting at least three Iranian-flagged tankers after intercepting them in Asian waters near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Meanwhile, Tehran said U.S. breaches, blockades and threats are undermining “genuine negotiations.”
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
Diplomatic efforts to end the Iran war are intensifying, with the White House confirming that U.S. President Donald Trump will send special envoy Steve Witkoff and adviser Jared Kushner to Islamabad for talks with Iran under Pakistani mediation.
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
Russia and Ukraine have swapped prisoners of war, according to officials on both sides. Ukraine’s President Volodymyr Zelenskyy said 193 prisoners, including soldiers and border guards, had been returned from Russia, some injured and facing criminal charges.
Türkiye and the United Kingdom on Thursday signed a wide-ranging strategic partnership agreement to boost bilateral cooperation, especially in defence. The deal, signed in London, signals a “new era” in relations between the two NATO allies.
The U.S. and the European Union are set to sign a memorandum of understanding on Friday to establish a partnership on the procurement and production of critical minerals, the U.S. State Department confirmed late on Thursday.
Russian emergency services have contained a major fire at the Tuapse oil refinery on the Black Sea coast, local officials said on Thursday, ending a four-day effort after a Ukrainian drone strike.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment