Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.
Category: European Commission
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Europe Heads for Another Energy Shock in a Vulnerable State
The region’s stores of natural gas are running at the lowest level in years, and filling them up is increasingly daunting as the U.S.-led war in Iran pushes up prices.
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Surging Energy Costs Put German Industry ‘Really in Danger’
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
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Trump to Target Forced Labor in Global Tariff Scheme
The Trump administration is expected to begin a trade investigation into whether dozens of countries have policies to combat forced labor.
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
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.
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E.U. Pushes Ahead With South American Trade Deal Despite Legal Challenge
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.