EU sanctions ‘could spark German fish-finger shortage,’ industry chief warns
Possible sanctions on Russia could prompt a fish-finger shortage in Germany, local media in the country has reported.
Trade
Latest reporting and analysis on trade.
EU’s Borrell warns EU-China trade war could be ‘unavoidable’
“We mustn’t be naive, we have no interest to get into a trade war… but maybe it’s unavoidable, it’s also in the logic of things.”
China launches anti-dumping investigation into EU dairy products
Trade tensions between Brussels and Beijing appear to be deteriorating, with China opening an anti-dumping investigation into European Union subsidies for certain…
German defence stocks down after report of freeze on Ukraine military aid
German defence stocks fell on August 19, after the German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) reported that the finance ministry would not approve…
Trump blasts EU after Commissioner demands X censorship
"I know the European Union very well. They take great advantage of the United States in trade. They're not as tough as China but they're bad."
Poland signs billion-dollar Raytheon missile deal
Poland has signed a $1.2 billion deal with American weapons manufacturer Raytheon to make missile components.
Italy sees ‘beach-umbrella protest’ as licence row resurfaces
Italy's balneari (beach managers) closed their umbrellas for a few hours on August 9 in a symbolic protest against the government's failure to resolve a dispute…
Demand for alcoholic beer declines in Europe
According to new Eurostat figures, the European Union's production of alcoholic beer has declined, while non-alcoholic beer production has risen.
Report casts doubt on German economic viability
Germany's economy is facing challenges that threaten the viability of its growth model, a report has claimed.
Paris, Barcelona and Brussels ‘worst European capitals for robberies’
The European cities suffering the most robberies are Paris, Barcelona and Brussels, according to statistics published by Eurostat and the UK police.
Meloni arrives in China, aims to boost trade balance
Italian Prime Minister Giorgia Meloni arrivies in China on July 26 for the first time since she took office in 2022.
Beijing angry as EU slaps tariffs on Chinese biodiesel
Officials in Beijing have expressed their displeasure after the European Union imposed new tariffs on imported Chinese biodiesel.
Hungary borrowed 1 bln euros from Chinese banks in April
Hungary borrowed €1 billion from Chinese banks in April to finance infrastructure and energy projects, government debt agency AKK said on Thursday.
IN DEPTH: Airbus tries to get a grip after stock market plummet
Aerospace multinational Airbus has said it wanted to avoid further delays in aircraft deliveries and was working with suppliers to avoid supply chain problems.
US headed for a recession in 2025, Europe be warned
Professor Steve H. Hanke, one of America’s leading economists, has some crisp words about America's economic future, and Europe had better listen.
Unilever to axe a third of office jobs in Europe
Unilever, a leading British multinational in the consumer goods section, wants to get rid of one in three European office jobs, or 3,200 employees.
Singapore approves 16 insects for human consumption as EU concerns linger
In the EU, six applications for insects intended to be marketed in different forms have been authorised: Alphitobius diaperinus larvae products, dried mealworms,…
French Left must ‘face reality’ over infeasible spending hikes
François Villeroy de Galhau, Governor of the Bank of France, has demanded left-wing policymakers "face reality" and understand further hikes in French spending…
German exports crash as deliveries to China tumble 10 per cent
Economists have expressed dismay at a sudden drop in Germany's exports with deliveries to China crashing by more than 10 per cent in just one month.
German government clinches 2025 budget deal in line with debt brake
Germany's coalition government has clinched an agreement on the budget for 2025 that will adhere to the country's strict spending rules following months of negotiations,…
China-built EVs hit with duties in biggest EU trade case yet
The European Union will impose tariffs of up to 37.
Germany bans VW from selling ‘sensitive tech’ to China over security concerns
Germany has banned car manufacturer Volkswagen from selling a firm possessing "sensitive technology" to China over security fears.
China and EU hold technical talks on impending EV tariffs
Chinese and EU officials held several rounds of technical talks over Brussels' proposed tariffs on Chinese electric cars on July 4, China's commerce ministry said…
German car industry urges EU to drop tariffs on China-made cars
Germany's VDA auto association has urged the European Commission to drop its planned tariffs on China-made electric vehicles in a last-ditch effort to influence…
China tightens grip on crucial rare earths
China's State Council announced the approval of new regulations on the management of rare earth materials, strengthening government control.
China warns EU of potential trade war over ‘unfair’ electric cars probe
China's commerce minister Wang Wentao warned that escalating tensions with the European Union could lead to a "trade war".
EU-Ukraine trade: Permit-free agreement for freight extended
Ukraine and the European Commission have extended their freight liberalisation agreement, enabling Ukrainian cargo to enter the EU without permits for another year.
China strikes back with anti-dumping investigation into EU pork
China has launched an anti-dumping investigation into pork and pork byproducts imported from the European Union.
Belgian beer consumption sinks to all-time low
Belgian brewers had a lousy 2023 as both consumption and export significantly dropped, despite the country’s reputation as a paragon of beer production.
China ‘undermining green transition with unfair EV subsidies’
China is "undermining" Europe's "green transition" with its "unfair" use of subsidies for electric vehicle (EV) manufacturing, the European Commission has claimed.