Trade is booming within the European Union. The exchange of goods among the member states is flourishing on the EU's internal market. But there are worries about trade relations outside the EU. US President Donald Trump is putting the EU under pressure with punitive duties. Also, Europe likewise faces major challenges in structuring its trade relations with Britain after the British withdrawal from the EU.
Trade
Internal market flourishes, but protectionism looms
German price levels 5 per cent higher than EU average in 2017
Frankfurt – Consumer price levels in Germany were 5 per cent higher than the average in the European Union’s 28 member states in 2017, statistics released Friday showed. The most expensive country within the bloc was Denmark, where the price level was 41.5 per cent above the EU average, according to data from the Federal […]
Free trade negotiations between Australia and the European Union
Trade in goods between Australia and the EU could increase by 37 per cent in the case of an ambitious trade deal and the trade in services could increase by 8 per cent.
EU countries give green light to retaliatory tariffs against US
European Union countries back a plan to impose trade tariffs against the US.
US tariffs on car imports are a double-edged sword
US President Trump's threat to tax imported cars in the name of national security risks weakening domestic manufacturers, but could accelerate renegotiation of the North American Free Trade Agreement.
Europe’s arsenal against Trump’s trade offensive
The EU has prepared a series of counter-measures to respond to Washington's imposition of punishing import tariffs on steel and aluminium, as fears grow of an all-out global trade war.
EU announces retaliatory tariffs on US from July
The European Union on Wednesday announced it will start imposing duties from July on a list of U.S. products in response to President Donald Trump's decision to slap tariffs on steel and aluminum imports from Europe.