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
EU urges big powers to avert trade ‘conflict and chaos’
The EU urges the US, China and Russia to work together to ease worsening global trade tensions, warning that they could otherwise spiral into "conflict and chaos".
EU, China move closer to bilateral investment deal after summit
China and the EU signed their first joint declaration since 2015 following a meeting between Juncker, European Council President Donald Tusk and Chinese Premier Li Keqiang.
Trump hails ties with UK despite Brexit criticism
US President Trump plays down his attack on Britain's Brexit plans, praising PM May's leadership and insisting ties between the two countries "have never been stronger".
Trump’s many trade wars: a summary
The United States has launched what China called the "largest trade war in economic history" between the world's top two economies, imposing tariffs on goods worth around $34 billion annually.
EU: US tariffs on European car imports could cost the US 14bn dollars
EU vehicle imports to the US are stable and "do not threaten or impair the health of the US industry and economy," the letter says, adding that the US automobile industry is "healthy."
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 […]