President Ilham Aliyev meets Goldman Sachs global affairs President Jared Cohen in Munich
President Ilham Aliyev met with Jared Cohen, President of Global Affairs at The Goldman Sachs Group, Inc., in Munich on 14 February to discuss ongoing...
The European Commission’s plan to impose additional duties on up to 26 billion euros ($28 billion) of U.S. imports could significantly disrupt Europe’s livestock sector, which heavily relies on imported grains for animal feed, according to industry association FEFAC.
The new tariffs, part of the EU’s countermeasure to Washington’s levies on steel and aluminum, would reintroduce a suspended 25% duty on products such as corn from April 1 and extend additional duties to soybeans and other goods from April 13. FEFAC President Pedro Cordero warned that these measures would "adversely affect the resilience and competitiveness of EU livestock production systems," as higher feed costs could squeeze margins for farmers and meat producers across the bloc.
FEFAC highlighted that feed grains might serve as a bargaining chip in a negotiated settlement between the EU and the U.S. to avoid these tariffs. Cordero noted that with the EU’s current imports of U.S. feed commodities at around 4 billion euros, there is potential to double this figure to 8 billion euros. Such an increase could help reduce the existing U.S. agricultural trade deficit with the EU, which has long been a sticking point in transatlantic trade discussions.
The reimposition of the tariff on U.S. corn is particularly concerning for key European markets. With the 25% duty back in force, major importers like Spain could find U.S. corn prohibitively expensive, further straining the supply chain for animal feed. Market reactions were swift, as Chicago corn and soybean futures fell on Wednesday, reflecting growing apprehension among traders that Trump’s tariff policies and the EU’s countermeasures may dampen U.S. farm exports.
As the trade conflict continues to escalate, the agricultural sector is bracing for potential disruptions. The evolving tariff landscape underscores the complex interplay between trade policy and domestic economic interests on both sides of the Atlantic.
Europe heads into the Munich Security Conference, on Friday (13 February), amid deepening unease over U.S. policy, as President Donald Trump’s hard-line stance on defence, trade and territory fuels doubts about Washington’s long-term commitment to transatlantic security.
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday (13 February), framing America’s renewed strength against to mounting pressure on Iran amid stalled nuclear talks.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
Speaking at Munich Security Conference, Ukrainian foreign minister Andrii Sybiha calls for decisive steps ahead of expected Geneva talks
Ukrainian President Volodymyr Zelenskyy said on Saturday that Russia’s decision to change the leadership of its delegation for upcoming peace talks in Geneva appeared to be an attempt to delay progress.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
Former U.S. President Barack Obama has spoken out after a video depicting him and former first lady Michelle Obama as apes was briefly shared on President Donald Trump’s Truth Social account.
Israel’s Foreign Minister Gideon Saar will attend U.S. President Donald Trump’s first Board of Peace meeting of leaders in Washington on 19 February, an Israeli official said on Saturday.
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