U.S. President Donald Trump has promised to address a longstanding trade deficit with the European Union, saying he will reverse that by imposing tariffs or making the EU buy more U.S. oil and gas. In an "America First Trade Policy" memo issued on his first day back in the White House on Monday,
Ursula von der Leyen casts Europe as an economic heavyweight that can forge new alliances during another “America First” presidency.
Mr Trump has also withdrawn the US from the Global Tax Deal - an agreement on a global minimum corporation tax.
The return of U.S. President Donald Trump to the White House is a wake-up call for European Union countries to fix their economies and become more competitive, the EU's senior financial officials said on Monday as Trump was sworn in for a second term.
How to deal with Donald Trump's disruptive return to the White House and the tempestuous forays of his billionaire ally Elon Musk into European affairs?
US President Donald Trump has said he is considering imposing a 10% tariff on imports of Chinese-made goods as soon as 1 February. Trump said discussions with his administration were "based on the fact that they're sending fentanyl to Mexico and Canada".
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Volodymyr Zelensky has warned European leaders Donald Trump will ignore them if the continent doesn’t take better care of its own defences.
The U.S. is already the EU’s second-largest gas supplier and largest source of LNG — a result of Russia's decision to cut supplies following its invasion of Ukraine. Thus far in 2025, EU countries have imported over half of their LNG from America.
Europe will respond to any tariffs imposed by President Donald Trump in a proportionate way, the European Union’s commissioner for the economy told CNBC Wednesday.