Author: staff

Europe has potential retaliatory measures to U.S. President Donald Trump’s latest threat on steel and aluminum tariffs ready to go, the chair of the European Parliament’s trade committee said on Saturday. “We have our countermeasures ready for the unjustified tariffs on steel and aluminum. If what has been announced really becomes reality, then we should apply these counter-tariffs immediately,” German MEP Bernd Lange said in a post on X. Trump announced on Friday a new 50 percent tariff on steel and aluminum would take effect on June 4, up from the previous rate of 25 percent.

“That was the case last year, but that’s still the case. So we only see this intensifying,” Brekelmans said. Brekelmans also expressed concern over Europe’s dependence on China for critical raw materials. China is “using their economic position for geopolitical purposes and also to pressure us,” the minister said. “Both on the European Union level, but also on the national level, we need to make bigger steps in order to reduce those dependencies,” Brekelmans said. Swedish Deputy Prime Minister Ebba Busch raised the point at the EU Competitiveness Council earlier this month, warning: “The dependency on Russian gas will seem…

European club football’s biggest prize is at stake between two teams that have keenly felt the pain of falling at the last hurdle in recent years. Inter was a losing finalist against Manchester City in 2023 and PSG lost in its only final so far against Bayern Munich in 2020. Supporters were gearing up for the evening game by making their way to the designated fan zones hours before kick-off. Many stopped en route to sample Munich’s gastronomy on a beautiful warm day in the Bavarian capital. Near Odeonsplatz, where the Inter fans were to gather, many stopped at neighbouring…

“Comparing the Taiwan question with the Ukraine issue is unacceptable,” China’s embassy in Singapore said in a Facebook post on Saturday. “The two are different in nature, and not comparable at all,” the embassy added, accusing Macron of a “double standard.” U.S. Defense Secretary Pete Hegseth told the Shangri-La forum on Friday that a threat from China in Asia could be “imminent.” Any Chinese military move on Taiwan “would result in devastating consequences for the Indo-Pacific and the world,” Hegseth said. Macron also warned that Europe’s credibility was at stake over the perception it had given a “free pass” to…

The numbers are a sign that Trump’s policies may be starting to chip away at the global trade deficit, which the president views as a key problem for the U.S. economy. And tariffs were not yet pushing prices higher for consumers in April, in a boon to Trump. “I would argue this is exactly what the administration laid out, and this is so far what is playing out,” Joe LaVorgna, the chief economist at SMBC Nikko Securities and a former Trump economic adviser, said on CNBC. Though the drop-off in spending could be an indication that the economy is slowing,…

Hegseth previously told delegates at the Singapore conference that “we’re pushing our allies in Europe to own more of their own security — to invest in their defense.” “Thanks to President Trump, they are stepping up,” Hegseth said. He described Poland and the Baltic States as “model allies.” Pointing to divisions within Europe over military spending, Kallas said “some of us have realized a long time ago that we need to invest in defense.” “The European Union has shifted gear and reimagined our own paradigm as a peace project backed up with hard defense,” she said. European countries formally adopted…

On Wednesday and Thursday, two separate courts destroyed the legal basis of Trump’s so-called reciprocal tariffs on some 60-odd countries and the EU. An appeal in the first case reinstated the tariffs — at least while the legal process drags on. The case might ultimately end up in front of the Supreme Court. “This hopefully means that we can get a more constructive approach and not just a unilateral request of concessions, which we just can’t accept,” Benifei added, referring to American demands that tech, food and product safety regulations be curbed. As the twists and turns of the trade…

One of the most effective ways to achieve a comfortable lifestyle is by developing multiple streams of income.Recent research by Sage reveals that 32% of 24–44-year-olds have a second job, alongside 28% of those aged 45–54. Meanwhile, 68% of 16–34-year-olds report having multiple income streams or side hustles in addition to their main employment.Euronews spoke to financial influencer Jenny Okpechi (@savvymoneygirl) about how she built a multiple six-figure investment portfolio – and why she believes it’s crucial for young people to start investing early.Building a multiple six-figure portfolioWhile a multiple six-figure portfolio might sound impressive, Okpechi emphasised that her success…

The presidential race will have a big say on whether Poland plays in the EU’s big league or if it retreats back into isolation alongside other populist-governed countries in Central Europe like Hungary and Slovakia. During PiS’s eight years in power it got into fights with the EU and other allies over efforts to politicize the justice system, attacks on LGBTQ+ rights, tightening abortion rules and using state money for party aims. However, it also directed a deluge of money toward poorer voters and gave often-ignored people from smaller towns and villages a sense that their more conservative values were…

By Euronews Georgia Published on 30/05/2025 – 20:58 GMT+2Police in Georgia have detained a second opposition leader within days as protests against the ruling Georgian Dream party and its perceived Russia-friendly stance continue in the South Caucasus country.Lawyers for Nika Melia, one of the figureheads for Georgia’s pro-Western Coalition for Change, said his car was stopped by police on Thursday.Soon after, he was bundled away by a large group of people in civilian clothing.According to the interior ministry, Melia has been detained on charges of verbally insulting a law enforcement officer.A court placed Melia in pre-trial detention but the length of…