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The Latest Breaking News from Ursula von der Leyen

Europe’s trade deal with the US was dead on arrival – it needs to be buried. Here’s how to do it

Nothing is agreed until everything is agreed. The EU should now steel itself and reject the terms imposed by Donald Trump, say Georg Riekeles and Varg Folkman of the European Policy Centre

The Guardian - UK

Deal or no deal? World leaders walk tightrope in tariff negotiations with Trump

Trading partners are at a loss as US president imposes and pauses steep duties with seemingly no rhyme or reason

The Guardian - US

White House keeps tariff pressure on EU car industry

The US executive order published on July 31 imposes 15% tariffs on EU products, as outlined in the agreement reached by the US and EU presidents. However, it doesn't lower tariffs on cars, which remain at 25%.

Euronews

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EU chief's texts to a pharma boss during pandemic were likely erased, the NYT reports

The New York Times reports that text messages between European Commission President Ursula von der Leyen and a pharmaceutical boss during the COVID-19 pandemic were seen by her top adviser and have likely been destroyed

The Independent UK

The Guardian view on Trump’s tariffs: both a political and an economic threat

Editorial: The August deadline has come, but the dangers to international relations and to world trade are both as real as ever

The Guardian - UK

The Latest: Trump extends Mexico trade talks for 90 days, while Aug. 1 deadline nears for others

President Donald Trump said Thursday that there would be a 90-day negotiating period with Mexico after a call with that country’s leader, Claudia Sheinbaum, as the 25% tariff rates stay in place

The Independent UK

Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place

Nations are scrambling to finalise the outlines of a trade framework with Trump in order to avoid him imposing higher tariff rates that could upend economies and governments.

Euronews

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OPINION - Brexit schmexit, we're in tariff era now and Britain is finally feeling the benefits

For all the comedy drama of Donald Trump’s Scottish visit, the implications for UK Plc and London as its fulcrum are positive. Or rather, are a lot less negative than the EU-US trade deal, which left the EU Commission boss Ursula von der Leyen looking as if she had swallowed…

Evening Standard

The EU holds its breath as 1 August US tariff deadline looms

The EU Commission expects the US to keep its word and implement new tariff rates agreed on Sunday. Without a joint statement, it hopes that forthcoming US executive orders will provide relief to sectors heavily impacted since the start of the trade dispute.

Euronews

Viral photo of young Angela Merkel is real but the future 'world leaders' with her are not

A viral picture falsely purports to show former German Chancellor Angela Merkel as a teenager, alongside other world leaders including European Commission President Ursula von der Leyen.

Euronews

Customs duties: What will be the possible impact on consumers in Europe?

The prices of European products are likely to rise in the United States. Conversely, the trade agreement should not cause inflation in Europe, as the EU has not introduced counter-tariffs on American products.

Euronews

EU’s controversial trade truce with Trump faces mounting backlash

Reaction has been pouring in to the newly struck EU-US trade deal, with the EU facing growing criticism over a compromise many see as a strategic misstep under pressure from Washington.

Radio France Internationale

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Euronews

The battle over the EU's €2 trillion budget has begun

The European Commission has proposed a €2 trillion long-term budget which would controversially merge agricultural and cohesion funds. Commission President Ursula von der Leyen defended the move as effective, but critics have warned it could undermine rural and regional development.

Euronews

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Euronews

EU and US spin conflicting versions of trade deal, sowing confusion

The European Commission and the White House are making contradictory claims about the content and scope of the EU-US trade deal.

The Independent UK

Higher US tariffs part of the price Europe was willing to pay for its security and arms for Ukraine

The EU-U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to American demands

Euronews

Greek government cautious on new EU-US trade deal reached with Trump

Greek finance minister and other trade officials share their thoughts on the tariff agreement reached between US President Donald Trump and European Commission President Ursula von der Leyen.

Euronews

US-EU trade deal wards off tariff escalation but threatens growth

The 15% rate removes Trump's threat of a 30% tariff. But it effectively raises the tariff on EU goods from 1.2% last year to 17%.

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Benzinga

Trump's EU Trade Deal An Act Of 'Submission,' Says French PM: 'It's A Dark Day'

France's prime minister slammed the trans‑Atlantic trade pact announced by U.S. President Donald Trump and European Commission President Ursula von der Leyen, branding it “submission” by the European Union.

The Independent UK

EU vowed $600B US economy investment from Trump trade deal. Hours later, European bloc admitted it can’t back that promise

The EU cannot compel private companies to invest in the United States

International Business Times

Europe's Carmakers Still Nervous Despite EU-US Trade Deal

Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the struggling German sector, remain deeply worried about the long-term impact.

The Guardian - UK

Von der Leyen ducks Trump’s trade blitz – but deal exposes EU’s faultlines

Europe may have staved off an economic clash, but the compromise leaves the bloc facing higher tariffs and internal discord

Evening Standard

Stocks falter as EU-US trade deal rally fizzles out

The deal, struck at talks in Scotland over the weekend, will see US tariffs of 15% on most imports from the EU.

International Business Times

Home From Home: Trump Showcases His Resorts In Golf Diplomacy

Ever-confident of his own prowess and deaf to claims of a conflict of interest, Donald Trump has been hosting European leaders and getting in some golf while proudly promoting his luxury Scottish resorts.

The Independent UK

US-EU trade deal: Key takeaways from agreement struck by President Trump and Ursula von der Leyen

Trump spent months pressuring Washington’s trading partners with the threat of steep tariffs

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