EU to Unveil Budget Plan
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European Union, Tariffs
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EU Threatens US With Counter Tariffs
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US and EU 'making progress' on trade deal
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The European Commission on Wednesday proposed a 2 trillion euro ($2.31 trillion) EU budget for 2028 to 2034, with a new emphasis on economic competitiveness and defence and plans to overhaul traditional spending on farming and regional development.
The European Commission advanced a $2.3 trillion budget proposal that would boost EU defense spending through the next three years.
The European Union's financial capabilities depend on this bill, which was presented to members of the European Parliament on Wednesday. It sets the amount of available resources for seven years, distributes them among the 27 member states and allocates funds to the various EU-wide policies.
Analysts have kept their forecasts for prices in the European Union’s carbon market roughly steady with the spectre of tariffs from the United States and weak industrial output weighing on expectations.
A second tranche of retaliatory tariffs under consideration by the European Union would hit more than $7 billion in annual U.S. ag exports, according to a copy of a list obtained by Agri-Pulse.
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 European Union’s trade chief is traveling to Washington to meet U.S. officials, as the bloc seeks to revive talks on an outline trade deal. EU Trade Commissioner Maroš Šefčovič is expected to hold separate in-person meetings this week with Commerce Secretary Howard Lutnick and U.
The European Union is seeking updates and more action from Israel on implementing a new deal to deliver humanitarian aid to Gaza.
President Donald Trump's 30 percent tariffs on European Union imports may raise costs for everything, possibly including your fave item.
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