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'Both sides are committed' to US-EU trade deal, US Trade Representative Jamieson Greer says
'Both sides are committed' to US-EU trade deal, US Trade Representative Jamieson Greer says To display this content from YouTube, you must enable advertisement tracking and audience measurement. One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site.
Patience imperative for EU-China trade relations, Australian trade minister says
As Europe tries to stabilise turbulent trade relations with China, Australian Trade Minister Don Farrell recommends that Brussels hold its nerve. Australian Trade Minister Don Farrell told Euronews's flagship morning programme Europe Today that his message for the Europeans when dealing with China over trade is simple: “patience”.
EU trade chief to meet China envoy amid heated trade tensions
Brussels is moving to crack down on Chinese overcapacity flooding the EU market, despite Beijing’s retaliation threats. The European Commission confirmed to Euronews on Wednesday that EU trade chief Maroš Šefčovič will meet his Chinese counterpart, trade envoy Li Chenggang, on the sidelines of an OECD ministerial meeting in Paris on Thursday. The visit comes as EU-China relations remain strained, with Brussels seeking to crack down on Chinese overcapacity and tackle a record-high €359.9...
EU trade chief wants to emulate US intensity in talks with China
PARIS — EU Trade Commissioner Maroš Šefčovič wants to take a page from Washington’s playbook in trade talks with China. After meeting with Chinese trade envoy Li Chenggang in Paris on Thursday, the bloc’s trade chief told reporters that the EU will engage in deeper negotiations with Chinese authorities to resolve “what is becoming an unsustainable trade deficit with China.” Šefčovič suggested the bloc might draw inspiration from the groundwork done by the U.S....
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...
EU trade chief swipes at China’s overcapacity, but seeks ‘meaningful’ talks with Beijing
EU trade chief swipes at China’s overcapacity, but seeks ‘meaningful’ talks with Beijing Maros Sefcovic made the remarks after meeting China’s chief trade negotiator, but says both sides are focused on mutual success EU trade chief Maros Sefcovic has called for practical approaches and “meaningful discussion” to tackle the growing trade concerns between Brussels and Beijing, following his meeting with China’s chief international trade negotiator, Li Chenggang, on the sideline of a...
How much is EU trade with the US falling?
Exports to the US dropped by nearly a third in the first three months of 2026, as the EU prepares to implement its side of a trade deal with Washington. The impact of Trump's tariffs on the EU market is already becoming tangible, with a negative trade trend second only to that with Iran. In the first three months of 2026, the EU lost 30% of the value (€) in goods exchanged with the US compared with the same period last year, according to Eurostat.
China rejects OECD report on industrial subsidies as ‘one-sided’ amid EU trade tensions
China rejects OECD report on industrial subsidies as ‘one-sided’ amid EU trade tensions The dispute comes as industrial policy becomes a major point of contention in global trade, particularly in hi-tech and strategic sectors “The report’s definition of ‘subsidies’ lacks a unified standard and statistical framework, and deviates from consensus under multilateral frameworks such as the World Trade Organization,” the Ministry of Commerce said in a statement on Thursday. “It attributes the rise...
Trade MEPs back EU–US deal despite watered-down safeguards
Members of the European Parliament's trade committee approved the EU-US trade deal, paving the way for its final adoption in June, despite some MEPs' concerns over US President Donald Trump's coercive approach. Lawmakers on the European Parliament's Committee on International Trade on Tuesday approved legislation eliminating EU duties on most US industrial goods, paving the way for a final adoption of the EU-US deal in plenary later this month. The two legislative files which formed the deal...
EU trade lawmakers back compromise on deal with Trump
BRUSSELS — The European Parliament’s trade committee approved by a wide majority a compromise struck with EU governments and the Commission on legislation to implement a trade deal with the United States. Lawmakers backed, by 31 votes to six, with three abstentions, changes to legislation under which the EU agreed to eliminate tariffs on U.S. industrial goods and some agricultural products — a key pillar of the agreement struck last summer at Donald Trump’s golf resort in Turnberry,...