NEW DELHI: India and the European Union have concluded negotiations for a free trade agreement that will cover goods, services and other aspects of engagement with the deal set to be announced by leaders from the two sides on Tuesday, commerce secretary Rajesh Agrawal said. “It will be a balanced, forward-looking deal for better economic … Read more
“This would be a very good story for our agriculture sector. I believe we are aiming to start a completely new chapter in the field of cooperation in the automotive sector, in machinery,” EU trade chief Maroš Šefčovič told POLITICO. On trade in services, the trade chief said that sectors like telecoms, maritime and financial … Read more
The European Union is preparing for another round of trade talks with the US and warned that it may speed up retaliatory measures if President Donald Trump follows through on his tariff threats, the latest of which includes a 50 per cent levy on steel and aluminum imports. The European Commission, which handles trade matters … Read more
The Spanish Economy Minister, Carlos Body, met on Tuesday in Washington with his American counterpart, Treasury secretary, Scott Besent, in the highest bilateral meeting held between the two countries since Donald Trump’s return to the White House. The meeting was preceded by Besent’s own criticism for the approach of the Government of Pedro Sánchez to … Read more
The first face-to-face meeting between the EU and the United States since the White House imposed tariffs on imports to the US will take place on Monday when EU trade commissioner Maroš Šefčovič meets commerce secretary Howard Lutnick and US trade officials in Washington, DC. EU countries including Ireland will be watching anxiously for … Read more
Amid global condemnation of the announcement of import tariffs by Donald Trump, Ireland has urged caution on EU leaders and officials preparing the bloc’s response to the US move. Taoiseach Micheál Martin said that the European response should be “considered and measured and the action should be proportionate, aimed at defending the interests of our … Read more
China should cultivate more friends in global politics, as these partnerships with other countries could be the trump card in Beijing’s rivalry with the US, according to a leading Chinese international relations expert. Li Wei, a professor of international relations at Renmin University in Beijing, said on Saturday that whichever of the two powers could … Read more
There is no doubt there is a “serious level of risk” of what could occur to the Irish economy if tariffs were imposed, with the Department of Finance currently undertaking scenario planning, the Minister for Public Expenditure has said. Jack Chambers said tariffs would impose greater costs on households and businesses and would disrupt overall … Read more
There is a “window for negotiation” before tariffs on steel imports announced by the US kick in next month, Tánaiste Simon Harris has said. Trade ministers from the 27 European Union states held a video call to discuss the impact of looming tariffs, which US president Donald Trump intends to put on steel and aluminium … Read more