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The Department for Business and Trade (DBT) has told British firms the new steel quotas will be finalized within two to three weeks, said a senior business representative granted anonymity to speak candidly about private discussions. The Trump administration could potentially enact the measures through an executive order, they pointed out. Fully removing the tariffs will also require changes to rules of origin in the U.S., including for U.K. car exports and car parts. “We don’t have clarity on auto parts,” the senior business representative said, adding businesses have “not been told by DBT how many other areas would need…

However, this overlooks a third — and probably better — option: shrugging off Trump’s threats. Truth is, there are a whole host of flaws to both the negotiation and retaliation strategies. When it comes to negotiating, for example, the EU would need to know U.S. demands in order to ink a deal. But this a problem because no one has a clue what Trump really wants from Europe. Current hypotheses include a revamp of VAT systems, EU pledges to import more U.S. LNG or defense kit, and promises to decouple from China — though it may well be something else…

However, the role comes amid growing scrutiny of peers’ outside interests and mounting questions about where parliament should draw the line on second jobs. James Bolton-Jones of campaign group Spotlight on Corruption, which presses for more transparent and accountable institutions in the U.K., warned that Berry’s paid gig with the firm could undermine his ability to weigh in on government AI policy. “For a shadow minister covering a crucial sector like AI to be dispensing paid-for advice to a firm operating in that sector is an obvious and unacceptable conflict of interest that risks undermining robust and clear-eyed opposition scrutiny…

BRUXELLES — Ne vous attendez pas à ce que l’Europe et les Etats-Unis concluent un accord commercial de grande envergure simplement parce que le président américain Donald Trump menace d’imposer des droits de douane allant jusqu’à 50% sur les produits de l’UE d’ici le 9 juillet. L’Europe n’a aucune envie de revivre le cauchemar de sa dernière tentative : le Partenariat transatlantique de commerce et d’investissement (Transatlantic Trade and Investment Partnership, ou TTIP en anglais). Saluées en 2013 comme une tentative de créer un bloc commercial occidental contre la Chine, les négociations du TTIP ont échoué trois ans plus tard,…

A Nawrocki win would continue that policy of obstruction, representing a huge political danger for Tusk. Opinion polls show support for his coalition eroding as voters grow frustrated over its inability to follow through on most of the promises it made during the 2023 campaign — ranging from undoing PiS’s legal reforms to prosecuting former officials on allegations of wrongdoing, changing Poland’s draconian abortion laws and more. “A victory for Mr Trzaskowski will provide the Tusk government with renewed momentum and a clear two-and-a-half-year run before the next parliamentary election, during which it can rebuild its support base and restore…

The court found the 1977 International Emergency Economic Powers Act, which Trump has cited as his basis for ordering massive increases in import duties, does not authorize the use of tariffs.A three-judge panel ruled on several lawsuits arguing Trump exceeded his authority, casting doubt on trade policies that have jolted global financial markets, frustrated trade partners and raised uncertainty over the outlook for inflation and the global economy. The Trump administration filed an appeal, and it was unclear if the White House will respond to the ruling by pausing all of its emergency power tariffs in the interim.Many of Trump’s…

Ola Källenius on Tariffs, Europe & the Strength of Germany’s Economy – POLITICO Skip to main content

Published on 29/05/2025 – 5:40 GMT+2Elon Musk is leaving his government role as a top adviser to US President Donald Trump after spearheading efforts to reduce and overhaul federal bureaucracy under the newly created Department of Government Efficiency (DOGE).His departure, announced on Wednesday evening in a post on his own social media platform, X – formerly Twitter – marks the end of a turbulent chapter that included thousands of layoffs, dismantling of government agencies and reams of litigation.The billionaire entrepreneur struggled in the unfamiliar environment of Washington, accomplishing far less than he had originally hoped to.He dramatically reduced his government…

BRUSSELS — EU Sport Commissioner Glenn Micallef said there’s no way a flagship European event like football’s Champions League final should ever be held outside the continent. There have been persistent suggestions for years that the annual iconic game — which this year takes place on Saturday in Munich between Inter Milan and Paris Saint-Germain — could one day head to the U.S., where football is a growing market, or big-spending Saudi Arabia. “These are European competitions and European competitions should be played in Europe, I think that’s quite clear. It’s the European Cup, come on,” Micallef said. “You can…

Published on 29/05/2025 – 4:56 GMT+2A federal court blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, throwing his signature set of economic policies that have rattled global financial markets into doubt.The ruling from a three judge panel at the US Court of International Trade based in New York came after several lawsuits against the Trump policies. The lawsuits argued that Trump’s “Liberation Day” tariffs exceeded his presidential authority.Trump has repeatedly said tariffs would force manufacturers to bring back factory jobs to the United States and generate enough revenue to reduce federal budget deficits.The…