The European Union (EU) has been placing sanctions on Russia since the beginning of the full-scale war in Ukraine. These sanctions are meant to pressure Russia into stopping its attacks. However, the EU can only continue these sanctions if every country in the group agrees.
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.
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 United States will defend its interests, and Europe will defend its own interests – that is part of international relations," António Costa, the president of the European Council, told Euronews in an exclusive wide-ranging interview.
US businesses would suffer more if Donald Trump were to impose tariffs on EU exports to the United States, France's top diplomat says.
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,
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.
Trump on Friday said the coming tariffs would stack on top of any existing levies. But he also indicated he would look to lower the rate on oil in the tariffs planned for Saturday. Trump has vowed a 25% tariff on Canada and Mexico and a 10% tariff on China.
Some have called for Canada to join or at least form closer relations with the European Union amid tariff threats from the U.S. Is it even possible?
Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones - a universal tariff on foreign-imported goods - to ones aimed at specific sectors,
Secretary of State Marco Rubio embarks this weekend on his first foreign trip in office. He's heading to Central America to press President Donald Trump’s top priority — curbing illegal immigration — and bring the message that the U.