European Union | DD News

June 29, 2025 9:28 AM

EU plans to add carbon credits to new climate goal, document shows

The European Commission is set to propose counting carbon credits bought from other countries towards the European Union's 2040 climate target, a Commission document seen by Reuters showed. The Commission is due to propose a legally binding EU climate target for 2040 on July 2. The EU executive had initially planned a 90% net emissions cut, against 1990 levels, but in recent months has sought to make this goal more flexible, in response to pushback from governments including Italy, Poland and ...

June 27, 2025 10:02 AM

EU leaders discuss new US trade proposal as deal clock ticks down

European Union leaders discussed new proposals from the United States on a trade deal at a summit in Brussels on Thursday, with Commission President Ursula von der Leyen not ruling out tariff talks could fail and saying "all options remain on the table". Time is running out for the bloc to find a common position before a respite on higher tariffs threatened by U.S. President Donald Trump expires on July 9, which could hammer exporters from cars to pharmaceuticals. European leaders were meeting...

June 26, 2025 2:49 PM

EU leaders meet to decide on whether to back quick US trade deal or seek better terms

European Union leaders are to tell the European Commission on Thursday whether they want to reach a quick trade agreement with the United States on terms that favour Washington or keep fighting for a better deal. A quick deal seems to be the preferred option for most, officials and diplomats said, as the EU can then seek to address the unfavourable bias with some rebalancing measures of its own. "I support the Commission, I support the President of the European Commission in her endeavours to ...

June 17, 2025 10:58 AM

EU readies ban on Russian gas imports by end of 2027

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural gas by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals will set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier Russia, made after Moscow's 2022 full-scale invasion of Ukraine. An internal Commission summary of the upcoming prop...

June 12, 2025 12:43 PM

EAM Jaishankar’s Brussels visit reinforces India’s ties with EU, Belgium

External Affairs Minister Dr. S. Jaishankar concluded a three-day official visit to Brussels from June 9 to 11, reinforcing India’s deepening ties with both the European Union and Belgium. In a major boost to India-EU relations, Jaishankar met European Commission President Ursula von der Leyen and European Parliament President Roberta Metsola, and co-chaired the first-ever India-EU Strategic Dialogue with EU High Representative and Vice-President Kaja Kallas. Jaishankar and von der Leyen rea...

June 5, 2025 12:10 PM

Indian delegation meets EU representatives in Belgium, conveys firm resolve against terrorism

An all-party Indian Parliamentary delegation, led by BJP MP Ravi Shankar Prasad, held a series of high-level engagements in Brussels on Wednesday with Members of the European Parliament (MEPs), emphasising India's resolute stance against cross-border terrorism. The Indian MPs visited the European Parliament and engaged with MEPs, including from the Delegation for Relations with India, the Committee on Foreign Affairs (AFET), and the Committee on Security and Defence (SEDE). The delegation brie...

May 28, 2025 12:55 PM

EU almost on track to reach 2030 climate goal

The European Union is nearly on track to reach its main climate target for this decade, with countries' existing CO2-cutting plans set to bring the bloc within one percentage point of the goal, the European Commission said on Wednesday. The EU is on course to reduce its net greenhouse gas emissions by 54% by 2030, compared with 1990 levels - just shy of its legally-binding goal of a 55% cut, the Commission said in an analysis of existing policies in the EU and its member countries. The analysi...

May 26, 2025 9:01 AM

Trump agrees to delay EU tariffs until July 9

U.S. President Donald Trump backed away on Sunday from his threat to slap 50% tariffs on imports from the European Union next month, agreeing to extend the deadline until July 9 for talks between Washington and the 27-nation bloc to produce a deal. Trump on Friday said he was recommending a 50% tariff go into place on June 1 because of frustration that talks with the EU were not moving quickly enough. The threat roiled global financial markets and intensified a trade war that has been punctuate...

May 16, 2025 4:56 PM

EU readying new sanctions to increase pressure on Russia, von der Leyen says

The European Union is working on a new package of sanctions to increase pressure on Russian President Vladimir Putin over the war in Ukraine, EU Commission President Ursula von der Leyen said on Friday as leaders from across Europe met in Tirana. The EU, however, has already adopted 17 sanction packages - the latest one this week - and diplomats say it is increasingly difficult to get the necessary unanimity among the bloc's 27 members to pass new measures. "He does not want peace, so ...

April 17, 2025 10:43 AM

The Domino Effect of U.S. Tariffs: Why the World Can’t Ignore Trump’s Tariff War

President Donald Trump’s latest tariff salvo has ignited a fierce global trade war, slapping a 10% baseline tariff on all U.S. imports, with steeper "reciprocal" duties of 104% on China, 49% on Cambodia, 46% on Vietnam, and 20% on the EU, targeting trade surpluses and alleged unfair practices. Once considered allies, countries like Canada face 25% tariffs, prompting swift retaliation and fears of economic fallout. Trump defends the moves as vital for national security and American jobs where t...