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.
Hungary’s persistent attempts to undermine EU efforts in support of Ukraine have pushed member states to seriously consider invoking Article 7 of the EU treaty — the bloc’s most severe disciplinary tool, which could strip Budapest of its voting rights, The Guardian reports.
Talks in Paris between U.S. officials and European leaders have kickstarted a new diplomatic format aimed at shaping Ukraine's post-war future, with the involvement of Europe’s three most powerful countries.
Greece has submitted its long-awaited maritime spatial plan to the European Union, outlining how it will organize various maritime activities such as fishing, tourism, offshore energy, and more.
At the IV Antalya Diplomatic Forum, Turkish President Recep Tayyip Erdogan reiterated Türkiye’s commitment to Europe’s security and emphasized the country’s desire for full European Union membership.
Chinese President Xi Jinping urged EU unity against tariff "bullying" during Spanish PM Sanchez’s visit, calling for deeper China-EU ties to defend globalization and economic stability amid escalating trade tensions with the U.S.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
Pope Francis, the first Latin American pope and a transformative figure in the Roman Catholic Church, has passed away at the age of 88, the Vatican confirmed in a video statement on Monday.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Australia’s top political leaders doubled down on plans to ban social media access for children under 16, showing rare unity on the issue ahead of the May 3 election even as pressure from tech giants is expected to mount.
Ukrainian President Volodymyr Zelenskyy on Tuesday stated his readiness to negotiate with Russia “in any format” once a ceasefire takes effect. Meanwhile, Russian President Vladimir Putin has reportedly proposed halting his invasion at the current front lines, according to the Financial Times.
Russian President Vladimir Putin has reportedly suggested halting his invasion at current front-line positions as part of a peace initiative with U.S. President Donald Trump.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
With rising global tensions and growing risks to shipping, China is reshaping its trade strategy by constructing a new railway to Europe — one that deliberately avoids its close ally, Russia.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
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