EU unleashes 18th sanctions package
Digest more
Trump has escalated his demands on the EU following weeks of negotiations over a possible framework deal, the Financial Times reported.
The Trump administration is pressing the European Union to accept blanket tariffs in the range of 15% or more, well above the level the bloc had initially negotiated with the U.S., people familiar with the matter said.
A possible meeting of the leaders of Russia, the United States and The PRC at the celebration of the 80th anniversary of the end of the Second World War in China will not like the European Union and Ukraine,
Crafting a budget for 27 countries stretching from Lapland to Lisbon is a fiddly process. In fiscal terms the “multi-annual financial framework”, as it is known in Brussels patois, is of peripheral concern.
The EU’s Data Union Strategy aims to boost AI-friendly data use, streamline rules, and expand global data flows. But GDPR remains off the table. Unfair B2B data sharing, lack of incentives for public institutions need more attention.
President Trump has introduced a plan for 30% tariffs against the EU in part because of those deficits. However, McKelvey explained the resulting trade wars might hurt Texas businesses.
A law letting the government block freedom of movement could be a deal-breaker for the EU. Yet a fudge might still be found. Switzerland’s government seems, after decades of hesitation, to have come round on the need for tighter integration with Europe, even if some Swiss would prefer to stop the clock. ■
European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
Foreign ministers from the EU's 27-member nations are meeting in Brussels in the wake of a new aid deal for Gaza, largely forged by the bloc's foreign policy chief Kaja Kallas and Israeli Foreign Minister Gideon Saar.
The AI Act applies to AI models that the commission deems to carry systemic risks that could significantly affect "public health, safety, fundamental rights, or society," reports Reuters. It also includes the most well-known "foundational models" from companies like Meta, OpenAI, Google, and Anthropic.