EU to impose tariffs of up to 25 per cent on Chinese EVs
The European Commission will notify carmakers on Wednesday that it will provisionally apply additional duties of up to 25 per cent on imported Chinese electric…
Trade
Latest reporting and analysis on trade.
EU Commission to postpone Chinese EV tariffs decision
The European Commission will postpone its decision on Chinese electric vehicle tariffs until after the European election on June 9, German magazine Spiegel…
Brexit ‘myth’ de-busted: EU to ban smoky-bacon crisps
The so-called pro-Brexit "myth" of a European Union ban on smoky-bacon flavour potato crisps is now set to become reality after Member States gave the go-ahead for…
Dairy farmers to EU: Help us or face more tractor protests
While the latest Brussels protest would be a "friendly" affair, this would not be the case with future demonstrations should lawmakers not take their concerns seriously,…
China dwarfs EU investment in bloc’s own back yard
China is dwarfing European Union investment in countries in the bloc's own neighbourhood, from Morocco to Turkey.
Belgium buckles, will hand Ukraine billions in tax on profits from frozen Russian assets
Pressure from the European Union and G7 members on Belgium to hand over billions of euros collected in taxes on profits from immobilised Russian assets has had an…
Bundesbank chief opposes joint EU borrowing beyond NextGenEU
Germany’s central bank chief voiced doubts over the need for joint European Union debt issuance.
Belgian PM wants European boycott of Israeli business from Occupied Territories
The move would block agricultural products like dates, olive oil, and wine from the Occupied Territories from entering the EU
Xi Jinping visits Europe at a time of internal division
Xi Jinping has begun his first European visit in five years, one likely to be dominated by the war in Ukraine and growing economic tensions between Beijing and Brussels.
Gazprom plunges to first annual loss in 20 years as trade with Europe hit
Kremlin-owned gas giant Gazprom said on Thursday, May 2 it plunged to a net loss of 629 billion roubles ($6.
EU ‘throwing out’ rulebook for Ukraine accession
The European Union is "throwing out" its own rulebook to enable the accession of Ukraine into the bloc, an influential policy expert in Hungary claimed.
Scholz’s botched China trip should be a wake-up call for Europe
You would think a European leader spooked by the prospect of transactional politics under a new Donald Trump administration might brush up on his bargaining skills…
EU launches investigation into Chinese medical device market
The European Commission launched an investigation on Wednesday into Chinese public procurement of medical devices, in the latest move to try to protect European Union producers…
‘Russian economy to outgrow all advanced nations in 2024,’ IMF forecasts
The International Monetary Fund (IMF) predicted the Russian economy will this year grow faster than those of the Western countries trying to isolate it.
Fragmented Europe to make new bid for US-style capital market
After years of struggling to raise capital in European Union markets, Mews - a hospitality software firm with Czech roots -finally secured funding by registering…
Germany courts Beijing as Scholz and Macron push for EU-China trade ‘rebalancing’
German Chancellor Olaf Scholz and French President Emmanuel Macron are advocating for a "rebalancing" of trade between Europe and China amid Berlin's efforts to…
Antwerp’s diamond chief not forever as he quits ‘over sanctions on Russian stones’
Ari Epstein, the Chief Executive of the Antwerp World Diamond Centre (AWDC), has resigned.
China’s trade minister warns EU over ‘green’ tech probes
China's top trade official warned Brussels against protectionism, saying Beijing was puzzled by European Union inquiries into "green" technology exports and the…
This will hurt: France braces for budget cuts
After decades of spending beyond its means, France must in the coming weeks show how it will avoid a budget crunch that is putting its credit ratings at risk and…
Despite farmers’ anger, EU to renew trade deal with Ukraine
European Union institutions have struck a deal to extend an agreement allowing the tariff-free importation of Ukrainian agricultural products - despite protests…
European Commission examines complaint about Hungary’s tax on foreign retailers
The European Commission is looking into a complaint about Hungary's tax on retailers, saying it will "ensure appropriate follow-up" after the Austrian government…
EU and Japan reach new tech deal, irking China
Japan and the European Union have agreed a new deal aimed at boosting both countries' technology sectors amid growing hostilities between China and the West.
EU-Canada free trade agreement in peril after French Senate rejection
The EU's free-trade agreement with Canada has been overwhelmingly rejected in France's Senate, which voted it down by 211 votes to 44.
France’s Macron says EU-Mercosur proposal is ‘very bad deal’ on visit to Brazil
French President Emmanuel Macron said on Wednesday during his visit to Brazil that a potential agreement between the European Union and the South American Mercosur…
European regulators close in on Big Tobacco’s new tea sticks
European governments are weighing the introduction of tougher rules on cigarette makers' new zero-tobacco heat sticks, moving to close the loopholes they were designed…
EU members call for revision of anti-deforestation law
A group of EU countries led by Austria is calling for urgent revisions to the bloc's anti-deforestation law set to go into effect at the end of the year, saying…
EU agrees new limits on Ukraine farm imports
The European Union reached a provisional agreement to grant Ukrainian food producers tariff-free access to its markets until June 2025, albeit with new limits on…
EU farmers win MEPs’ backing in Ukraine agri-trade spat
The European Parliament has backed European Union farmers on the sensitive topic of Ukrainian agricultural trade.
‘Wake up or there’ll be no coffee to smell,’ German trade group warns Brussels
Europe's coffee merchants are sleepwalking into a caffeine crisis, the German Coffee Association (GCA) has warned.
Trump’s ‘nationalism a danger to US’, German Vice Chancellor warns
Former US president Donald Trump's “nationalism” poses a danger to his own country, Germany's Vice Chancellor Robert Habeck claimed.