President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
Category: European Union
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A Second Trump Term Is Set to Scramble Trade Alliances
Europe’s new pact with South America, its largest deal to date, could be a sign of how countries will diversify trade relationships as Donald Trump threatens tariffs.
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As Trump Threatens Tariffs, Europe and South America Strengthen Ties
The European Union and five South American countries have reached an agreement to establish one of the largest trade zones in the world.
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Europe’s Leaders Seek Greater Unity to Counter Trump’s ‘America First’ Agenda
At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.
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Spain Looks to Grant Residency to Nearly 1 Million Migrants
The government said a new rules could give legal status — and work permits — to about 300,000 people a year over the next three years to address gaps in the labor market.
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New York Times Takes European Commission to Court Over Covid Vaccine Deal
The news outlet is pushing the Commission to release text messages between the E.U.’s top official and Pfizer as they negotiated a vaccine contract.
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Mexico Signals It Could Hit Back With Tariffs at U.S.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
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Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.
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Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to to protect Europe’s automotive sector, but they could escalate a trade war with China.