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The Latest Breaking News from European Union

Porsche reports significant plunge in European and Chinese deliveries

Although North American deliveries soared 37% in the first three months of the year, they were not enough to offset Porsche’s steep falls in other key markets.

Euronews

Germany to send ‘clear signal’ of ‘strong, effective government’ under new coalition, says Friedrich Merz – as it happened

Presumed future chancellor says coalition has ‘strong plan’ after negotiations as polling shows popularity of far-right AfD

The Guardian - UK

Brexit to blame for London suffering biggest exodus of millionaires in the world, Lisa Nandy claims

The Culture Secretary vowed to secure ‘a far better deal with the European Union’ after a damning report found the capital is no longer one of the world’s top five wealthiest cities

Evening Standard

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Bow ties, handkerchiefs and ice cream: How the EU is set to respond to Trump’s tariffs creatively

Brussels is set to target US red states as it looks to respond to Washington’s tariffs in a targeted way

The Independent UK

Pharma companies warn EU Commission to negotiate and reduce non-tariff barriers

The EU executive and top pharmaceutical companies shared a video call to address concerns over potential US tariffs on drugs and other medical products.

Euronews

S&P 500 sees one of biggest days since second world war after Trump levies pause – as it happened

Trump claims ‘China wants to make a deal’ after raising tariffs to 125%, while 90-day pause for most countries sparks market surge

The Guardian - UK

China announces 84% tariffs on all US goods in response to Trump’s 104%

US Treasury secretary indicates openness to trade agreements after stock markets fall further in Europe

The Guardian - UK

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Vietnam, Spain Pledge To Upgrade Ties After Tariff Shock

The leaders of Spain and Vietnam pledged on Wednesday to upgrade ties to the highest level, as the two countries attempt to manage the fallout from enormous tariffs imposed by Washington.

International Business Times

Travel warning as strikes cancel Europe flights and leave trains at standstill

Easyjet flight attendants are set to walk out for hours on Wednesday

The Independent UK

Trump's tariffs enter force, upending economic ties with Europe

US tariffs on European goods jumped to 20 percent on Wednesday, hitting everything from French wine to German cars. Brussels is firing back with its own measures, opening a wider trade fight that could hit key industries in France and across Europe.

Radio France Internationale

US yachts, coffee and soybeans - what's on the EU's tariff hitlist today?

A list of US products set to be hit by 25% customs duties from 15 April includes orange juice and coffee, but Bourbon whiskey escapes.

Euronews

Planning bill ‘throws environmental protection to the wind’, say UK nature chiefs

Heads of 32 charities warn proposals could push species towards extinction and lead to irreversible habitat loss

The Guardian - UK

Who's who in the EU-US trade war?

From Commissioner Maroš Šefčovič to influential advisor Peter Navarro, Euronews breaks down the main characters in the EU-US trade war.

Euronews

Dialogue with EU over tariffs still on the cards, says US State Department | Radio Schuman

In an exclusive interview with Euronews, US deputy spokesperson department Mignon Houston said that negotiations over tariffs are still possible.

Euronews

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The Guardian - UK

Britain cannot afford to gamble on America returning to its senses. We must urgently look elsewhere

Ministers are insisting that Trump’s regime can still be a friend. It’s a delusion and a lie, says Guardian columnist Rafael Behr

International Business Times

EU Plan To End Russian Fertiliser Imports Unsettles Farmers

The EU's plans to impose tariffs on fertiliser imports from Russia in a bid to increase pressure on Moscow over the Ukraine war have alarmed European farmers worried about possible price hikes.

Evening Standard

UK braced as more US tariffs kick in amid fears of widespread economic damage

Countries across the world are braced for potential widespread economic damage from Donald Trump’s global tariffs.

The Independent UK

Ireland’s deputy premier Harris to meet commerce secretary Lutnick in US

Ireland’s deputy premier Simon Harris will meet US commerce secretary Howard Lutnick, a key critic of the Irish Government’s fiscal policies.

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The Conversation

‘Germany is back’: 3 ways NZ can benefit from Europe’s renewed centre of power

It’s unlikely many New Zealanders paid close attention to Foreign Minister Winston Peters’ statement late last year that “New Zealand and Germany are committed to enhancing their partnership”.

Barchart

Stocks Tumble as US-China Trade War Set to Escalate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.95%. June E-mini S&P futures (ESM25 ) are down -1.58%, and June E-mini Nasdaq futures...

The Conversation

Bringing manufacturing back from overseas isn’t an easy solution to Trump’s trade war

The past week has seen the United States single-handedly rewrite the underlying paradigm for global trade. And while it is fair to say that the methods are extreme, the underlying goal of the policy is not unique to the US.

Euronews

Brussels bets on alcohol-free wine as drinking habits across EU change

The European Commission recently presented measures to strengthen the competitiveness of the wine sector and that includes the promotion of alcohol-free wine.

The Independent UK

European Union border agency investigates Greece over alleged rights violations

The European Union’s border protection agency says it is investigating multiple alleged human rights violations by Greece in dealing with illegal immigration

Investors Business Daily

Trump Tariffs: $1 Trillion Tax Hike Hits At Midnight; S&P 500 Goes South

Trump tariffs will approach the $1 trillion tax-hike threshold if reciprocal tariffs and an extra 50% tax on Chinese imports take effect at midnight.

The Independent UK

NHS medicines could be at risk due to Trump tariffs and global trade friction, ministers warned

Ministers must treat medicines supplies as a ‘defence’ issue as it faces ‘hostile activity’ over the brewing trade war

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