Bangladesh to raise U.S. imports to lower tariffs
Bangladesh’s interim leader, Muhammad Yunus, said the country will expand imports from the U.S. to further reduce tariffs on Bangladeshi goods, part...
European leaders gathered in Brussels on Monday for a one-day retreat to discuss defense strategy and the implications of U.S. President Donald Trump’s new tariffs, amid growing concerns over geopolitical tensions and Europe’s military capabilities.
European Union leaders convened in Brussels on Monday for an informal retreat to discuss strengthening the continent’s defense capabilities and addressing the economic and political impact of U.S. President Donald Trump’s recent tariff decisions.
The meeting, billed as a “retreat” rather than a formal summit by European Council President Antonio Costa, aims to foster open discussions without the pressure of immediate decisions or official declarations.
A key focus of the talks is the geopolitical landscape, particularly the EU’s relationship with the United States. Trump’s decision over the weekend to impose tariffs on imports from Canada, Mexico, and China has heightened concerns among European officials, who fear similar measures could be directed at the bloc.
Trump, who began his second term on January 20, has also been vocal about European nations increasing their own defense spending, urging them to reduce reliance on the U.S.-led NATO alliance. His stance is expected to be a major point of discussion as EU leaders assess their military capabilities, potential funding strategies, and avenues for deeper defense cooperation.
The retreat comes as European leaders seek to navigate an increasingly complex global security environment, with tensions with Russia also weighing heavily on the agenda. While no official decisions are expected, the gathering serves as a crucial platform for shaping the EU’s long-term defense strategy and response to shifting transatlantic relations.
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