February 27, 2025 4:30 PM

Trump tariff policy an attack on EU industry and jobs, Italy’s business lobby says

Trump tariff policy an attack on EU industry and jobs, Italy's business lobby says U.S. President Donald Trump's threat to introduce tariffs on European Union imports would undermine the bloc's companies and its workforce and require a strong response from the EU, Italy's business lobby said late on Wednesday. Trump has said his administration will soon announce a 25% "reciprocal" tariff on goods from the EU, including cars. "The threat is not only of an impact on trade dynamics. The truth is...

February 27, 2025 11:12 AM

EU vows swift, firm response after Trump says tariffs coming on EU imports

The European Commission said on Wednesday it will react "firmly and immediately against unjustified barriers to free and fair trade" after U.S. President Donald Trump said his administration would soon announce a 25% tariff on imports from the EU. "The EU will react firmly and immediately against unjustified barriers to free and fair trade, including when tariffs are used to challenge legal and non-discriminatory policies," a commission spokesperson said in response to a request for comment on ...

February 27, 2025 9:18 AM

Trump to impose 25 percent tariffs on EU, claims bloc was ‘formed to screw US’

US President Donald Trump has said that his administration has made a decision to impose 25 per cent tariffs on products from the European Union (EU), including cars and claimed that the EU -- a 27-country bloc -- was "formed to screw the US". "We have made a decision. We'll be announcing it very soon, and it'll be 25 per cent generally speaking, and that'll be on cars and all other things," Trump told reporters on Wednesday at a White House Cabinet meeting. The EU is the US's third largest tr...

January 9, 2025 5:19 PM

Armenian government approves bill to launch EU accession bid

Armenia's government on Thursday gave approval to a bill that calls for the country, once part of the Soviet Union, to launch a bid to join the European Union. Armenia has in recent years deepened ties with the West at the expense of its traditionally close relations with Moscow, which it has accused of failing to defend it from longtime rival Azerbaijan. The bill was drawn up following a successful petition. In a document seen by Reuters, the government backed its introduction to parliament,...

January 8, 2025 3:16 PM

EU will not tolerate attacks on its borders, France says after Trump Greenland comments

The European Union will not let other nations attack its sovereign borders, France's foreign minister said on Wednesday, responding to comments by U.S. President-elect Donald Trump on taking over Greenland. Trump declined on Monday to rule out military or economic action as part of his avowed desire to have the U.S. take control of Greenland, as well as the Panama Canal. French Foreign Minister Jean-Noel Barrot said he did not believe the U.S. would invade the vast Arctic island that has been ...

January 8, 2025 10:28 AM

EU Council President calls India “one of EU’s main global partners” in conversation with PM Modi

European Council President Antonio Costa held a telephonic discussion with Indian Prime Minister Narendra Modi, describing India as one of the European Union’s (EU) primary global partners. The conversation, held on Tuesday, emphasized strengthening ties and formulating a new strategic agenda to bolster cooperation between the two sides. Recalling his earlier interaction with PM Modi during the Pravasi Bharatiya Divas in 2017, Costa expressed enthusiasm for the forthcoming EU-India Summit, sl...

October 21, 2024 2:59 PM

Moldova’s EU referendum goes to wire after Sandu decries vote meddling

A knife-edge majority of 50.17% voted "yes" in Moldova's pivotal referendum on joining the European Union, nearly final results showed on Monday, after President Maia Sandu said Sunday's twin votes had been marred by "unprecedented" outside interference. The tight finish - with fewer than 1.5% of the ballots still to be counted - is far from a resounding endorsement of the pro-EU path that Sandu has pursued over four years at the helm of the small ex-Soviet republic tugged between Russia and th...

October 15, 2024 12:08 PM

Iran condemns EU, UK sanctions on Tehran, denies providing ballistic missiles to Russia

Iran condemned new EU and British sanctions on Tehran and denied providing ballistic missiles to Russia, spokesperson for Iran's Foreign Ministry, Esmaeil Baghaei, said in a post on X on Tuesday. The European Union agreed on Monday to impose sanctions on seven people and seven organisations, including airline Iran Air, for their links to Iranian transfers of ballistic missiles to Russia. The listings also include Saha Airlines and Mahan Air and Iran's Deputy Defence Minister Seyed Hamzeh Ghala...

September 20, 2024 5:31 PM

EU to provide Ukraine with loan worth up to 35 bln euros, von der Leyen says

The EU will grant a loan of up to 35 billion euros ($39 billion)to Ukraine to help the country stuck in a grinding war with Russia, EU Commission President Ursula von der Leyen announced on Friday. The loan, which was announced while the bloc's Commission chief was on a visit to Kyiv, is part of a wider plan among G7 nations to raise funds using proceeds from Russian assets frozen to sanction the country for invading its neighbour. "Relentless Russian attacks means Ukraine needs continued EU s...

September 18, 2024 11:00 AM

Meta faces hefty EU antitrust fine over classified ads practices: report

Meta Platforms Inc. is facing a hefty fine in the EU over its alleged efforts to dominate the classified advertising market, the Financial Times reported on Wednesday, citing people familiar with the matter. EU regulators will claim Facebook's parent company links its free Marketplace services with the social network in an effort to undermine its rivals, the newspaper said. The bloc's decision could come as early as next month and would mark one of the final investigations overseen by the EU's...