European ministers ready new sanctions to pressure Russia over Ukraine war
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
The European Union has responded to U.S. President Donald Trump’s threat to impose a 50% tariff on EU goods by calling for respectful trade negotiations and emphasizing the need to avoid escalating tensions.
Following President Trump’s announcement of a possible 50% tariff on imports from the EU, the European Union highlighted the importance of maintaining trade discussions based on mutual respect. EU Trade Commissioner Maros Sefcovic reaffirmed the EU’s dedication to achieving a fair and balanced agreement.
While Trump expressed frustration with the slow progress of negotiations and indicated tariffs could start on June 1, he also mentioned potential flexibility depending on European investment in the United States. Officials from France, Germany, Ireland, and the Netherlands voiced concerns and urged a de-escalation of the situation. The EU has signaled readiness to respond with countermeasures if necessary, though such actions are currently paused as negotiations continue.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
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European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
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