During his first term, Trump imposed tariffs of 25 percent on steel imports and 10 percent on aluminum imports from the EU, Canada and Mexico, sparking a trade war with the bloc, which hit back with tariffs on American goods including whiskey, motorcycles and denim, worth around $6 billion.
Long reputed to be Russia-friendly, Hungarian Prime Minister Viktor Orban has often railed against the continuation of the EU sanctions, claiming that they impose an intolerable burden on the Hungarian economy and provide no solution for the carnage in Ukraine.
The European Union is keen to partner with countries around the world and is "open for business," European Commission chief Ursula von der Leyen said Tuesday.
BRUSSELS — Hold your ground. That’s France’s advice for the EU as Brussels mulls ways to placate Donald Trump. The U.S. president has threatened tariffs against the bloc unless it buys more American fossil fuels. And EU officials are keen to engage, even readying a package of potential goodies for Trump.
The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a more business-friendly Brussels after five years of heavy focus on green goals.With US President Donald Trump promising tariffs and a gargantuan AI push,
In rare admission, senior official says bloc should be ‘ready to explore deeper EU-US cooperation on economic security’ vis-a-vis Beijing.
The EU will on Wednesday publish an economic blueprint that aims to cut regulations around supply chain standards and corporate sustainability as well as reducing the bloc's reliance on China for
Business leaders in Davos joined calls by U.S. President Donald Trump for the European Union to speed up efforts to reduce regulation and increase competition to prevent the bloc from falling further behind other developed markets.
After US Secretary of State Marco Rubio was sworn in last week, he made a flurry of calls to key allies which gave some indication as to where the second Donald Trump administration's priorities lie.
President Trump’s first policy announcements had cast a long shadow over proceedings in Davos, even before he addressed the World Economic Forum virtually and invited business to come and make their products in America or face tariffs.
Sir Keir Starmer is facing pressure from European leaders to join a €500 billion defence scheme, amid threats to Nato by Donald Trump.
NYU finance professor David Yermack weighs in on the potential risks and benefits of investing in crypto and more specifically, Bitcoin.