English

Peggy Corlin

Economy

Tensions high as China and EU prepare another meeting on rare earths

Maros Šefčovič's meeting with his Chinese counterpart is cancelled. Instead, EU and Chinese experts will discuss China's rare earth export controls in Brussels.

Europe News

EU countries mull response to China's squeeze on rare earths

China's restrictions on rare earths are expected to be raised during a meeting of EU leaders as capitals mull how to respond.

Economy

EU Commission calls for no escalation with China over rare earths

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.

Economy

Feeling the strain: Italian pasta makers boil over Trump tariffs

Faced with the threat of exorbitant US tariffs, Italian pasta producers are hoping for political support — and that they will not have to wait for a legal resolution to their case.

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Economy

EU trade chief Šefčovič slams China’s rare earth export curbs

EU Trade Commissioner Maroš Šefčovič took aim at China and its new trade policy on rare earths on Tuesday, denouncing "unprocessable" Chinese requests on EU companies.

Economy

EU Commission slaps three major fashion brands with €157 million fine

An investigation launched in 2023 revealed that Gucci, Chloé and Loewe imposed their own pricing policies on retailers, thereby increasing product prices and reducing consumer choice. Gucci was hit the hardest, with a fine of €119 million.

Economy

'Not up for discussion': Brussels rejects US pressure on climate rules

In response to US demands to roll back the EU's environmental legislation, the European Commission defended its autonomous power to adopt laws.

Economy

European Parliament lawmakers vote against the Mercosur deal

Inserted into a parliamentary resolution, a few lines welcoming the Mercosur agreement were rejected by a majority of European lawmakers on Wednesday.

Economy

European Commission wields protectionist powers to shield EU steel

EU tariffs on steel imports will be doubled to 50% beyond a reduced quota, compared to the volumes currently entering duty-free.

Economy

Is basmati rice Indian or Pakistani? Do not ask the EU Commission

From the Punjab plains to Brussels — who would have thought that the dispute over basmati’s origin would end up on Europeans' plates?

Economy

'Time is running out' for Europe’s steel workers, sector tells the EU

Suffocated by Chinese overcapacities and US tariffs, the European steel industry says its very survival is at stake, urging the European Commission to introduce strong protective measures.

Economy

Trump threatens to slap 100% tariffs on movies made abroad

A few months after initial threats, the US president is once again targeting the non-American film industry.

Economy

Pharma tariffs: The EU's confident it can dodge US measures

US President Donald Trump announced on Thursday 100% tariffs on pharmaceutical products imported into the US, but the European Commission remains hopeful that the deal concluded with Washington this summer—setting 15% tariffs on EU goods—will also apply to the sector.

Economy

US drops tariffs on EU cars to 15%

The measures concerning cars will apply retroactively from 1 August. Negotiations on aluminium and steel, which remain heavily taxed at 50%, are only just beginning.

Europe News

EU's green demands are jamming trade talks with India

India is pushing back against the inclusion of a dispute settlement mechanism to enforce green standards in the trade deal currently under negotiation with the EU.

Business

Does Airbus need some of Boeing's Trump-style advocacy?

While US President Donald Trump has feted and advocated for large orders, there's no hard-hitting advocate for Airbus. But experts tell Euronews that with a full order book, the European air champion might not need one.

Economy

European Commission concludes free trade deal with Indonesia

The Commission has signed a political agreement guaranteeing access for swathes of EU products to the Indonesian market. Jakarta will also benefit from preferential tariffs, including on highly controversial palm oil.

Economy

EU Commissioner Sefcovic flies to Indonesia to finalise trade deal

Securing access to a new market would be a win for the EU Commission, which is pursuing a trade diversification agenda since relations soured with the US following its imposition of tariffs.

Economy

EU industry struggles with new US rules on imports of steel and aluminium

The US, which slapped 50% tariffs on EU steel and aluminium in June, requires importers to provide proof of origin for these materials when they are part of a finished product: a headache for European industry.

Economy

Clothes imports up 14% in 2025 amid fierce competition from China

The textile industry is sounding the alarm as imports in the fast fashion sector continue to grow steadily.

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