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EU trade chief calls for new tool to diversify supply away from China

BRUSSELS — EU trade chief Maroš Šefčovič has called for a new “diversification instrument” to help ensure that industry is not dependent on single sources of supply in sensitive sectors such as chips and rare earths. “Diversification requires a dedicated instrument,” Šefčovič said at the European Policy Center’s Brussels Economic Security Forum on Friday. “The model I have in mind is the Energy Union — a crucial undertaking for Europe,” said the EU trade chief, citing an initiative that he...

Politico EU 5d ago

Trump never wanted to invade Greenland, US envoy to EU says

U.S. President Donald Trump’s threats to invade Greenland earlier this year were misunderstood, the American ambassador to the European Union said Friday. “It got interpreted that we were somehow threatening Greenland’s territorial integrity,” but “the president never said we were going to invade,” Andrew Puzder told attendees at the Brussels Economic Security Forum. During his second term in office, Trump has repeatedly floated the idea of annexing...

Politico EU 5d ago

Trade commissioner pledges ‘new tool’ to diversify suppliers and cut reliance on China

The European Commission is preparing a new tool to curb the bloc's dependence on China, with Trade Chief Maroš Šefčovič saying on Friday that companies could be required to source from at least three different suppliers. EU Trade Commissioner Maroš Šefčovič pledged on Friday a new instrument designed to help European businesses diversify suppliers and prevent shortages of critical materials from China. “Diversification now requires a dedicated instrument,” Šefčovič said at the Brussels...

Euronews 5d ago

Newsletter: Bust to boom? Europe’s most exclusive club might be getting bigger

Dozens of European leaders and heads of state from the six Western Balkan countries will be in Montenegro on Friday for talks about how to grow the European Union. Also in the newsletter: how Europe balances trade with the US and China. Good morning, Brussels.

Euronews 5d ago

Trump 'still disappointed' with NATO over Iran, warns US Ambassador

US Ambassador to the EU Andrew Pudzer says NATO allies made a 'big mistake' not assisting the US in the war in Iran. In an interview with Euronews, he said Europeans had an obligation to help, given America's history of defending the European continent. Trump is still upset with NATO countries for not coming to the assistance of the US when it first waged war on Iran, US Ambassador to the EU, Andrew Pudzer has warned.

Euronews 5d ago

Newsletter: The moving pieces of the EU’s enlargement

Also in this newsletter: The EU's trade chief to meet his Chinese counterpart in Paris amid escalating trade tensions; and Europe Today speaks exclusively to Lebanese culture minister Ghassan Salamé after Israel and Lebanon agreed a conditional ceasefire overnight. Good morning from Brussels. We start with a major development in Ukraine’s bid to join the European Union.

Euronews 6d ago

Newsletter: The EU’s battle of wills

With two major elections taking place on the EU's periphery over the weekend, many have viewed them as a bellwether for future Russian intimidation efforts. Good morning, Brussels. Angela Skujins here on newsletter duties.

Euronews 2d ago

Europe pours money into ocean research as Trump guts science funding

PARIS — The European Union wants to plug a gaping hole in ocean research left behind by the administration of U.S. President Donald Trump. The trouble is, it has a lot less cash to splash.  Last week, the European Commission launched the “OceanEye” program, which aims to make the EU “a global leader in ocean intelligence” by investing in critical ocean observation technologies and data collection on how oceans evolve. It came two weeks after the...

Politico EU 2d ago

Voices: ‘We are so polarised post-Brexit’: Readers on rebuilding Britain’s future in Europe

‘We are so polarised post-Brexit’: Readers on rebuilding Britain’s future in Europe As The Independent launches Europe: The Way Back, readers remain split over Brexit’s legacy and Britain’s future in Europe, but agree the country still needs to confront the issue - Bookmark - CommentsGo to comments Ten years on from the Brexit referendum, Britain’s relationship with the EU remains one of the country’s most divisive political issues. Readers responding to the launch of The Independent’s...

The Independent UK 6d ago