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Eu Trade

All articles tagged with #eu trade

world25 days ago•7 min saved

Canada presses Europe to seal trade ties as it pivots from the US

Canada’s Mark Carney urges EU lawmakers to ratify and deepen the CETA trade deal to diversify Ottawa’s economy away from the US amid Trump-era tensions. He will address the European Parliament as Ottawa hosts an investor summit to attract billions in investment, arguing the tighter Europe–Canada links would boost resilience and prosperity. The deal is already functioning de facto in many areas, 10 EU states have yet to ratify, and Canada aims to advance broader agreements with Europe while keeping the door open to restarting talks with the US.

via Financial Times|

#canada #eu-trade #european-union

world3 months ago•79 min saved

Brexit's price tag: UK economy stalls as curry houses and car makers feel the pinch

Brexit has weakened the UK economy, reducing GDP by about 6–8%, investment by 12–13%, and productivity by 3–4%, with labor shortages hitting curry houses that relied on Eastern European workers and a costlier, slower auto sector, as the government seeks closer EU ties to revive growth amid rising public frustration with Brexit.

via AP News|

#brexit #car-industry #eu-trade

business4 months ago•5 min saved

EU Expands Trade Defences to Shield Entire Sectors From China

The EU will broaden its use of trade defence tools by deploying import quotas and tariffs more systematically across whole sectors, such as chemicals, metals, and clean‑tech, to counter perceived unfair Chinese competition. The goal is a real rebalancing rather than breaking with China, but the blunt measures could affect all trading partners; discussions at a Friday meeting may include a proposed resilience tool to curb supplier concentration and a push to diversify European supply chains.

via Financial Times|

#business #china #eu-trade

business4 months ago•5 min saved

EU pushes multi-sourcing rules to curb China’s grip on critical parts

The European Union is drafting rules that would require companies to source critical components from at least three different suppliers, with a cap of roughly 30-40% from any single supplier, in an effort to diversify away from China. Targeting sectors like chemicals and industrial machinery, the plan aims to counter Beijing’s export controls and reduce Europe’s trade deficit by leveraging free-trade networks to broaden sourcing, while signaling possible punitive tariffs on Chinese chemicals and machinery as the proposal advances in early-stage discussions ahead of May and June meetings.

via Financial Times|

#business #chemicals #eu-china-relations

world5 months ago•5 min saved

Spain pushes for a balanced EU-China trade as Sánchez visits Beijing

During a three-day visit to Beijing, Spain's PM Pedro Sánchez warns that the EU-China trade deficit is unsustainable, citing Spain's 42.3 billion euro deficit with China, and urges Beijing to open its market to European goods while seeking greater market access for agriculture and industry and more investment; he also positions Spain as a gateway to Europe.

via France 24|

#beijing #china #eu-trade

world7 months ago•5 min saved

UK keeps all options open as US tariffs loom

Downing Street says nothing is off the table if the US does not honour the current UK‑US tariff deal, but stresses no one wants a trade war, as Washington moves to a 15% global tariff that would largely bypass the sector-specific deals with the UK; talks remain constructive and all options are on the table to protect British business, while the EU pauses its deal and analysts warn of potential UK damage if the broader tariff goes ahead. The policy uses Section 122 of the 1974 Trade Act, with exemptions for some items, and officials urge clarity on how UK exports will be treated.

via BBC|

#eu-trade #global-tariff #tariffs

world8 months ago•14 min saved

EU Commission pledges to move ahead with Mercosur trade pact despite Parliament delay

The European Commission says it is ready to implement the EU-Mercosur trade deal despite the European Parliament voting to refer the pact to the European Court and delay its adoption.

via AP News|

#eu-trade #european-commission #european-parliament

world9 months ago•8 min saved

Canada's Trade Strategy and US Relations in 2025-2026

Amid strained US-Canada relations under Trump, Canada is rapidly diversifying its trade away from the US, focusing on Europe, the Middle East, China, and India, with a new trade strategy expected soon to reduce dependence on the US and adapt to a shifting global economic landscape.

via Politico|

#canada #china-india #eu-trade

world9 months ago•5 min saved

Trump's 2026 Trade and Economic Impact: What Investors Need to Know

In 2025, Trump's return to the White House led to a significant increase in US tariffs, impacting global trade, but the economy showed resilience and global markets remained relatively stable. Key issues for 2026 include legal challenges to tariffs, ongoing US-China trade negotiations, and the future of trade agreements with Canada and Mexico, with uncertainties about the continuation of tariffs and trade policies.

via Reuters|

#2026-outlook #eu-trade #trade-tariffs

world1 year ago•3 min saved

Poland Seeks Chinese Support Amid Border Dispute and Trade Agreements

The closure of Poland's border with Belarus has halted a crucial €25 billion Chinese export route to the EU, impacting trade and e-commerce deliveries, amid geopolitical tensions and upcoming high-level talks between China and Poland to resolve the issue.

via Kyiv Post|

#belarus #china #eu-trade

world1 year ago•4 min saved

EU Considers Countermeasures Against Trump's 30% Tariffs

EU trade ministers strongly oppose US President Trump's 30% tariffs on the EU, considering them 'absolutely unacceptable,' and are preparing countermeasures while seeking a negotiated trade deal, amid ongoing trade tensions and potential global economic impacts.

via PBS|

#countermeasures #eu-trade #trade-negotiations

world1 year ago•3 min saved

EU Faces Trade Uncertainty Amid US Tariff Threats

EU trade chief Maros Sefcovic indicated that US tariffs threatened to make ongoing trade negotiations almost impossible, despite the EU's preference for reaching a deal. While some EU countries call for tougher retaliatory measures, others advocate caution due to reliance on US defense. The EU is preparing for all outcomes, including potential countermeasures, amid rising tensions over Trump's tariff threats.

via DW|

#eu-trade #eu-us-relations #retaliatory-measures

world1 year ago•4 min saved

Trump Imposes 30% Tariffs on EU and Mexico Amid Trade Disputes

US President Donald Trump announced a 30% tariff on all EU goods starting August 1 due to stalled trade negotiations, with similar tariffs on Canadian and Mexican imports, prompting EU warnings of countermeasures and heightened tensions in international trade relations.

via DW|

#eu-trade #tariff-threats #trade-negotiations

business1 year ago•4 min saved

Global Auto Industry Faces Rare Earth Supply Crisis Amid China's Export Restrictions

China has offered expedited export licenses for rare earth elements to EU and US auto companies, easing concerns over supply shortages that threaten automotive production, amid ongoing trade tensions and export restrictions. This move is seen as a diplomatic gesture and a response to previous tariffs, but industry experts remain cautious about the practical implementation and broader supply chain impacts.

via CNBC|

#auto-industry #business #china

business1 year ago•6 min saved

Trump's EU Trade Negotiations Accelerate Amid Market Hopes and Tensions

President Trump unexpectedly escalated a trade war with the EU by threatening 50% tariffs, then paused the threat after negotiations, leading to market volatility and a tense six-week negotiation period, with both sides expressing cautious optimism and strategic posturing.

via CNN|

#business #eu-trade #market-impact