The EU aims to collaborate with Trump to address China's "non-market policies," as trade tensions rise. It is also considering protective measures to shield key industries from foreign competition.
The European Union has expressed a strong interest in collaborating with the U.S. President Donald Trump to address China's "non-market policies," according to recent statements by EU trade chief Maroš Šefčovič. This initiative aims to counteract competitive threats posed by China's economic practices.
Šefčovič emphasized the importance of transatlantic cooperation in tackling these challenges, highlighting that the EU, the U.S, and Japan had previously united during Trump's first term to address similar concerns regarding China's economic behavior.
This move comes amid heightened global trade tensions, with President Trump recently threatening new tariffs against both China and the EU. He announced discussions about imposing a 10% punitive duty on Chinese imports, citing issues such as fentanyl trafficking. Trump also expressed concerns over the EU's trade surpluses with the United States, suggesting potential tariff measures in response.
In response to these developments, the EU is considering strategies to strengthen its economic position. One such proposal involves allowing governments to favor European bidders in public procurement processes, a move reminiscent of Trump's "America First" policy. This draft plan aims to protect critical EU sectors from cheaper foreign competitors, particularly from China. However, critics argue that the policy might conflict with existing EU laws and World Trade Organization rules, which mandate non-discrimination in procurement.
The EU's willingness to collaborate with the Trump administration reflects a strategic approach to navigate the complexities of global trade dynamics and to address shared concerns over China's economic practices.
The European Commission is exploring alternative legal mechanisms to maintain pressure on Moscow if Hungary blocks the renewal of EU economic sanctions due to expire in July.
Azerbaijan and the European Union have deepened discussions on the development of the Caspian-Black Sea-Europe green energy corridor, a strategic project set to enhance energy connectivity and diversify supply routes between Central Asia and Europe.
European Council President António Costa has highlighted Albania and Montenegro as frontrunners in the EU accession process, emphasizing the importance of enlargement for regional stability and prosperity.
The UK and EU are set to announce a groundbreaking defence and security agreement aimed at countering shared threats, particularly from Russia.
European foreign ministers signed the Lviv Statement supporting a special tribunal and a U.S.-backed ceasefire, during a visit to Ukraine that included a memorial tribute to fallen soldiers.
The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 2.8% in 2025, a downgrade from its February 2025 forecast, due to weaker domestic and external demand and a tighter-than-expected monetary policy.
The Black Sea is transforming into a vital global hub for trade, energy, and logistics, and Türkiye is positioned at its center, according to Lazar Comanescu, Secretary General of the Black Sea Economic Cooperation Organization (BSEC).
Vietnam and Azerbaijan plan to expand cooperation in oil exploration and production. Several energy sector agreements were signed during the recent state visit of To Lam, General Secretary of the Communist Party of Vietnam, to Azerbaijan.
Pakistan will observe Youm-e-Marka-i-Haq annually on May 10 in remembrance of the nation’s resilience and sacrifices during the recent military escalation along the border with India, following a ceasefire facilitated by international diplomacy.
The 78th Cannes Film Festival has officially opened, offering a 12-day celebration of cinema featuring premieres, directorial debuts, and thought-provoking documentaries.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Pope Leo XIV made a surprise visit to the Basilica of Our Lady of Good Counsel in Genazzano. AnewZ covered the event, with journalist Maria Rodriguez Abalde on-site. She witnessed the occasion firsthand and documented key moments. More images and footage will be available soon.
President Xi Jinping has announced a new $9 billion yuan-denominated credit line and expanded infrastructure investment for Latin America and the Caribbean, aiming to strengthen China's presence in the region while encouraging balanced and diversified cooperation.
The Black Sea is transforming into a vital global hub for trade, energy, and logistics, and Türkiye is positioned at its center, according to Lazar Comanescu, Secretary General of the Black Sea Economic Cooperation Organization (BSEC).
Pakistan will observe Youm-e-Marka-i-Haq annually on May 10 in remembrance of the nation’s resilience and sacrifices during the recent military escalation along the border with India, following a ceasefire facilitated by international diplomacy.
Eurovision week is here, and the 69th Eurovision Song Contest begins tonight in Basel, Switzerland, with 15 acts competing for 10 spots in Saturday’s Grand Final.
King Charles III and Queen Camilla will welcome French President Emmanuel Macron and First Lady Brigitte Macron for a state visit to the United Kingdom from July 8 to 10, Buckingham Palace announced.
The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 2.8% in 2025, a downgrade from its February 2025 forecast, due to weaker domestic and external demand and a tighter-than-expected monetary policy.
The Black Sea is transforming into a vital global hub for trade, energy, and logistics, and Türkiye is positioned at its center, according to Lazar Comanescu, Secretary General of the Black Sea Economic Cooperation Organization (BSEC).
Vietnam and Azerbaijan plan to expand cooperation in oil exploration and production. Several energy sector agreements were signed during the recent state visit of To Lam, General Secretary of the Communist Party of Vietnam, to Azerbaijan.
Pakistan will observe Youm-e-Marka-i-Haq annually on May 10 in remembrance of the nation’s resilience and sacrifices during the recent military escalation along the border with India, following a ceasefire facilitated by international diplomacy.
The 78th Cannes Film Festival has officially opened, offering a 12-day celebration of cinema featuring premieres, directorial debuts, and thought-provoking documentaries.
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