Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
Category: European Commission
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business: -
E.U. Pushes Ahead With South American Trade Deal Despite Legal Challenge
The New York Times – Business:The provisional application of the agreement with Brazil, Argentina, Paraguay and Uruguay is intended to diversify Europe’s trading relationships.
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Europe and China Take Step to Resolve Dispute on Electric Vehicles
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
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European Union Agrees to Landmark Free-Trade Deal With South America
The agreement with Argentina, Brazil, Paraguay and Uruguay represents a push for deeper global cooperation, in contrast to the United States turning to coercion in its dealings with other countries.
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Europe May Roll Back Combustion Engine Ban
A proposal to revise an E.U. law requiring carmakers to stop producing combustion engines by 2035 would offer some relief to automakers, but it sets back the region’s climate goals.
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Why Europe and the United States Are Still Haggling on Trade
While the two sides reached a broad agreement months ago, American officials will visit Brussels this week to discuss the details. Europe has a wish list, but so does the United States.
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France Blocks Orders From Shein as It Expands Its Crackdown
Customs officials were ordered to inspect more than 200,000 packages entering the country at Charles de Gaulle Airport.
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E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.