European Union leaders renewed economic sanctions on Russia for another six months on Thursday and reviewed the latest U.S. trade proposals during a summit in Brussels.
French President Emmanuel Macron said the EU remains open to a swift and pragmatic trade deal with Washington but called for fair terms. “Our goodwill should not be seen as a weakness,” he told reporters. “If the U.S. maintains its baseline tariff of 10%, Europe’s response must carry equal weight.”
European Commission President Ursula von der Leyen confirmed that the EU had received a new document from Washington. “We are ready for a deal,” she said, adding: “At the same time, we are preparing for the possibility that no satisfactory agreement is reached. All options remain on the table.”
German Chancellor Friedrich Merz echoed the call for a streamlined process, saying the EU should pursue a “quick and simple” agreement. He noted that von der Leyen had also proposed exploring a new trade body led by European nations, as the World Trade Organization faces challenges.
The renewed push for a U.S.-EU trade agreement comes as President Donald Trump promotes updated tariff policies with global partners. Trump announced Wednesday that the U.S. had signed a trade deal with China and suggested a similar agreement with India may follow.
Separately, EU officials confirmed the extension of sanctions on Russia, citing the ongoing war in Ukraine. The measures will remain in place for another six months.
Leaders are expected to return to the trade agenda in July, with talks set to intensify in the coming weeks.
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U.S. President Donald Trump removed his 40% tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July to ...
Axios has published the full 28-point framework drafted by the U.S. administration, outlining a proposed settlement between Ukraine and Russia built o...
South Africa and the European Union vowed to defend multilateralism on Thursday (November 20), ahead of the G20 summit, as they signed a partnership o...
More international support is needed to stabilise the Palestinian fiscal situation, the European Commissioner for the Mediterranean Dubravka Suica sai...
Axios has published the full 28-point framework drafted by the U.S. administration, outlining a proposed settlement between Ukraine and Russia built on security guarantees, territorial provisions and long-term economic arrangements.
South Africa and the European Union vowed to defend multilateralism on Thursday (November 20), ahead of the G20 summit, as they signed a partnership on critical minerals.
More international support is needed to stabilise the Palestinian fiscal situation, the European Commissioner for the Mediterranean Dubravka Suica said on Thursday (November 20).
Russian President Vladimir Putin visited the command post of the Russian forces “West” grouping on Thursday (November 20), meeting with Chief of Russia’s General Staff Valery Gerasimov and senior military officials, the Kremlin said.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
Iran's air force, heavily reliant on aging F-14A Tomcat jets, faces a growing technological gap as its neighbors rapidly modernize their air forces with advanced fighter jets and air defense systems.
A fresh wave of floods and landslides triggered by heavy rainfall in central Vietnam since the weekend has claimed at least eight lives, according to a government report on Wednesday. Traders have also cautioned that the extreme weather could disrupt the ongoing coffee harvest.
Germany has returned 12 royal-era cultural artefacts to Ethiopia in a ceremony in Addis Ababa, marking a formal step in ongoing cultural cooperation between the two countries.
An off-the-cuff remark by new Prime Minister Sanae Takaichi that triggered Japan's biggest bust-up in years with powerful neighbour China was not meant to signal a new hardline stance.
Ukrainan President Volodymyr Zelenskyy said after talks with a top U.S. Army official on Thursday he was ready for "honest" work with Washington on a plan to end the war in Ukraine, while European allies pushed back against punishing concessions to Russia.
U.S. President Donald Trump removed his 40% tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July to punish Brazil over the prosecution of its former president, Trump ally Jair Bolsonaro.
Axios has published the full 28-point framework drafted by the U.S. administration, outlining a proposed settlement between Ukraine and Russia built on security guarantees, territorial provisions and long-term economic arrangements.
South Africa and the European Union vowed to defend multilateralism on Thursday (November 20), ahead of the G20 summit, as they signed a partnership on critical minerals.
More international support is needed to stabilise the Palestinian fiscal situation, the European Commissioner for the Mediterranean Dubravka Suica said on Thursday (November 20).
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