European Union

Trump gives EU until Jul 4 to ratify trade deal with US or face ‘much higher’ tariffs

The announcement comes after the EU fails to finalise its long-delayed trade deal during overnight talks

The tentative agreement, which needs to be formally endorsed by EU governments and the European Parliament in the coming months, came after nine hours of negotiations.

EU countries, lawmakers clinch provisional deal on watered-down AI rules

The changes to the AI Act are part of the European Commission’s push to simplify a slew of new digital rules

European Union lawmakers are now negotiating with capitals over final amendments to the trade agreement, including a potential expiry date.

US to adopt 25% car levy soon unless EU clears trade deal

President Donald Trump is accusing the bloc of taking too long to ratify the agreement

Demand in the bloc’s dominant services industry weakened further last month, declining at the sharpest pace since October 2023.

Euro zone services activity slumps in April on weak demand, PMI shows

[LONDON] Euro zone services activity contracted in April for the first time in almost a year, hit by weakening demand and deteriorating export business as the Middle East war weighed on consumer-facin...

One of the European Union’s goals of engagement with Asean is to build economic competitive advantage relative to other world powers, including the US.

Asean-EU summit: Forging a strategic front amid Middle East turmoil

As geopolitical volatility reshapes the global order, leaders from both blocs stressed that the security of their regions is ‘more interlinked than ever’

The Trump administration last year imposed a 25% tariff on global automotive imports under a national security trade law, but reached a separate deal with the EU in August to lower those duties to a net 15%.

Trump says he will raise tariff on autos from European Union to 25%

EU officials criticise move as arbitrary, warn of firm response

Tartu Science Park in Estonia. Across the EU, cleantech has experienced a steep drop in funding since 2022.

Competing for capital: Estonia’s cleantech sector adapts to rising national security priorities 

Its startups in the field say their tech can boost energy resilience and support the low-carbon transition

European Commission President Ursula von der Leyen noted that the EU has spent an extra 27 billion euros on fossil fuel imports since the war began in late February.

Von der Leyen warns Iran war may damage Europe for years

The continent is now sagging under elevated oil and gas prices

Europe’s AI rules, considered to be the strictest in the world, came amid concerns about the impact of the technology on children, workers, companies and cybersecurity.

EU countries, lawmakers fail to reach deal on watered-down AI rules

[BRUSSELS] EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks ...

EU foreign policy chief Kaja Kallas said the 27-nation bloc was seeking Asean’s cooperation on its sanctions against Russia.

EU’s top diplomat calls on South-east Asia countries to seek alternatives to Russian oil

Kaja Kallas warns that the purchase of Russian oil is also helping Iran maintain its closure of Hormuz