European Union — Page 35

Organization · 1448 published stories · 219 outlets

EU leaders ask Brussels to come up with new trade weapons to counter China shock

EU leaders have instructed the European Commission to develop new trade defence instruments against Chinese overcapacity, including tools modeled on the US Section 301 tariffs. The move comes amid escalating trade tensions, with Volkswagen reportedly planning major job cuts and Beijing canceling high-level meetings. Analysts warn of a full-blown trade war while others see a climate opportunity in China's green tech exports.

1 outlet · 9 articles Jun 19

Hegseth announces review of US forces in Europe, warns allies over spending at NATO meeting

US Defense Secretary Pete Hegseth announced a review of US military presence in Europe at a NATO meeting in Brussels on Thursday, criticizing allies for insufficient defense spending and lack of support during the Iran conflict. Hegseth also indicated that US dues to NATO would become conditional on allies meeting spending targets. The review has raised questions about the future of the US commitment to European defense, with NATO Secretary General Mark Rutte downplaying concerns.

7 outlets · 7 articles Jun 18