Two of the world’s most interconnected global economies are hurtling towards a collision with the US President preparing to unveil a raft of new tariffs on America’s closest trading partners. No one on either side of the Atlantic knows what to expect.
Brussels is readying itself for tough talks with US President Donald Trump over trade. While projecting a stoic image, many are still concerned despite some EU member states trying to look on the bright side.
European Commission President warns that in trade “a lot is at stake for both sides” in a carefully worded message to new US President Donald Trump.
Three European Union member states see a need for increased EU support of the battery industry. Swedish Industry Minister Busch sees EU regulation as “a maze” and said Europe’s economy was crushed in an industry war between the United States and Asia.
A controversial free trade agreement between the European Union and countries in the South American trade bloc Mercosur continues to divide Europe, with Germany and Spain pushing for the deal and France leading fierce opposition. Will this year see the end of decades of negotiations?