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The Latest Breaking News from European Union

Are Trump's tariffs as bad as the Smoot-Hawley Act, which is blamed for deepening the Great Depression? They're actually worse

Those dreading a return to the Smoot Hawley days think this time around could be even worse given the size and scale of Trump's new tariffs.

Fortune

Irish Government hoping for negotiated settlement on US tariffs

Senior figures in Ireland’s Government have expressed hope for a negotiated settlement to mitigate the impact of US tariffs.

The Independent UK

Global markets in turmoil as Trump tariffs wipe $2.5tn off Wall Street

Economists say levies of between 10% and 50% have dramatically added to the risk of a worldwide downturn

The Guardian - UK

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'Everyone Worried' By Trump Tariffs In France's Champagne Region

With the United States the largest export market for champagne, producers of France's leading sparkling wine had little to celebrate on Thursday about facing an additional 20 percent tariff, although they held out hope for negotiations.

International Business Times

Britain can retaliate or negotiate with Trump – but there is no way we can win at this game

Starmer will try to calm the situation and focus on May’s local elections, but one thing is clear: our ties with Europe are more crucial than ever, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Macron lashes out against Trump's 'brutal' tariffs, calls for a pause in investment

The European Union 'must not rule out anything' to retaliate against the so-called Liberation Day tariffs, Emmanuel Macron said.

Euronews

UK Avoids Worst US Tariffs Post-Brexit, But No Celebrations

More than four years after the UK's withdrawal from the European Union became effective, Britain has escaped harsher US tariffs, facing only half of the 20 percent imposed on its EU neighbours.

International Business Times

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Greens, socialists hope centrist alliance will limit scale of EU deregulation

The European Parliament has voted to delay key rules on corporate sustainability pending a reduction of their scope, on the same day the Trump administration appeared to be targeting EU regulatory standards with a punitive 20% import tariff.

Euronews

What will Trump do when his tariffs backfire?

The US president’s tariffs are almost certain to have dire consequences and he is not impervious to market decline or public opinion

The Guardian - UK

Macron meets industry heads as Trump tariffs shake key French sectors

French President Emmanuel Macron was on Thursday meeting with the heads of sectors hit by new US tariffs on European Union goods. The 20 percent import tax, announced by President Donald Trump, will hit major French exports including aeronautics, wine and luxury items.

Radio France Internationale

Wall St Leads Rout As World Reels From Trump Tariffs

Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy would emerge victorious.

International Business Times

EU adjusts strategy to hit back at US tariffs

Caught by the throat by new US tariffs, the EU is honing its response strategy, attempting to leave a path open to negotiation to avoid a full-blown trade war.

Euronews

Did pharma sector dodge Trump’s tariffs? The EU's not so sure

The fear of a trade war over pharmaceuticals between the EU and the US has been avoided for now, but the European Commission remains on guard, considering further tariff deployments likely.

Euronews

EU leaders condemn Trump’s ‘catastrophic’ tariffs as trade war opens up

EU leaders look to take steps to counter the 20 per cent tariffs on exports to the US brought in by Donald Trump

The Independent UK

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Euronews

Who are the tech winners and losers of Donald Trump’s sweeping 'Liberation Day' tariffs?

When it comes to the tech industry, semiconductor manufacturers come out largely unscathed while e-commerce giants will see major changes that could affect what price their goods are sold.

Barchart

Stock Sharply Lower on Concern US Trade War Will Upend the Global Economy

The S&P 500 Index ($SPX ) (SPY ) today is down -4.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -3.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -5.11%. June E-mini S&P futures (ESM25 ) are down -4.10%, and June E-mini Nasdaq futures...

Evening Standard

Firms in Northern Ireland anxious about Trump tariffs, O’Neill says

Deputy First Minister Emma Little-Pengelly said it was important that any retaliatory EU tariffs on the US did not penalise Northern Ireland.

Euronews

Bulgaria's government survives no-confidence vote brought by pro-Russia party

The conservative GERB party condemned the motion as an attempt to derail Bulgaria’s desire to adopt the euro at the beginning of 2026, a move that would consolidate its European integration.

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The Conversation

How the UK and Europe could respond to Trump’s ‘liberation day’ tariffs

In a carefully choreographed address from the White House Rose Garden, US president Donald Trump announced a massive package of trade tariffs. These include 20% on imports from the European Union, 24% on those from Japan, 27% for India, and 34% for China. The UK gets the lowest rate, at…

Euronews

EU digital rules are fair, because they apply to everybody, says Henna Virkkunen

The European Commissioner Vice-President for Technology denies that EU digital rules run counter to freedom of speech. In an interview with Euronews, she said these laws are just setting obligations for online platforms to assess systematic risks. "We are not regulating the content at all," she said

Euronews

EU-Uzbekistan enhanced partnership agreement could be signed as early as June

The EU's António Costa and Ursula von der Leyen will be taking part in the first-ever EU-Central Asia summit on Friday held in the Uzbek city of Samarkand.

Euronews

What are GMOs and why do they remain so controversial? | Euronews Tech Talks

What are GMOs and why are they a topic of debate? Researcher and EFSA expert Josep Casacuberta joins Euronews Tech Talks to answer these questions.

The Independent UK

Trump’s trade war latest: UK’s 400-page list of US goods that could face retaliatory action

UK threatens to retaliate to Trump’s tariffs and draws up 400-page hitlist of US goods to tax

Euronews

How is the EU developing trade and investment ties with Central Asia?

Uzbekistan President, Shavkat Mirziyoyev, shares his views with Euronews on developing trade and investment opportunities with Europe as the EU-Central Asia summit gets under way.

The Guardian - UK

Keir Starmer accuses Reform UK of ‘fawning over Putin’

PM uses launch of Labour local election campaign to attack Nigel Farage over past comments about Russian leader

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