The European Union has imposed a €2.95 billion antitrust fine on Google, sparking a sharp response from U.S. President Donald Trump, who threatened a broader trade investigation into the EU. The penalty, targeting Google’s advertising technology business, marks the fourth such fine levied against the company in the past decade. Trump Pushes Back on EU Penalty In a statement posted …
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What’s the tax change for parcels being sent to the US?
The United States has ended a long-standing tax-free allowance on parcels arriving from Europe valued under $800 (€685), a change that takes effect today. From now on, only letters, documents, and small gift parcels worth under $100 (€85) will be exempt from tariffs. Any package sent from Ireland or elsewhere in Europe to the US above this threshold will be …
Read More »European leaders set to join Trump-Zelensky meeting
European leaders will gather in Washington alongside Ukrainian President Volodymyr Zelensky on Monday, seeking a pathway to end Russia’s invasion after U.S. President Donald Trump abandoned his push for an immediate ceasefire during his recent summit with Russian President Vladimir Putin in Alaska. Building a Coalition in Washington European Commission President Ursula von der Leyen confirmed she would attend the …
Read More »Alaska meeting: Ceasefire and sanctions avoided in summit win for Putin
Russian President Vladimir Putin scored a major diplomatic win at his Alaska summit with U.S. President Donald Trump, convincing Washington to abandon its long-standing push for a ceasefire before peace negotiations in Ukraine. The move marks a sharp policy shift that has unsettled European allies and placed new pressure on Kyiv ahead of President Volodymyr Zelensky’s upcoming visit to Washington. …
Read More »Trump and Putin to meet Friday to discuss Ukraine peace deal
Trump and Putin to Meet in Alaska for High-Stakes Ukraine Talks US President Donald Trump has announced he will meet Russian President Vladimir Putin next Friday, August 15, 2025, in Alaska, with the prospect of a potential peace deal for Ukraine that could involve territorial exchanges. The war, which began with Russia’s full-scale invasion in February 2022, has claimed tens …
Read More »Taoiseach Hopes EU-US Trade Deal Signed by Weekend
Taoiseach Micheál Martin has expressed optimism that a new trade framework agreement between the European Union and the United States could be finalized before the end of the weekend. Speaking from Luxembourg, Martin emphasized the importance of bringing clarity to ongoing trade tensions between the two economic powerhouses. Progress Toward a Trade Accord Martin described the anticipated deal as a …
Read More »Ireland Can Meet Tariff Challenge, Says Donohoe
Ireland’s economic fundamentals remain strong, according to Finance Minister Paschal Donohoe, who addressed mounting concerns over potential U.S. tariffs that could hit the European Union as early as August. While the minister expressed confidence in the country’s resilience, he cautioned that proposed trade penalties from the U.S. could pose serious risks to job creation and overall growth. Tariff Threat Looms …
Read More »EU’s von der Leyen Survives Confidence Vote in Parliament
European Commission President Ursula von der Leyen has withstood a no-confidence vote brought forward in the European Parliament, largely initiated by far-right lawmakers accusing her administration of violating legal norms and eroding public trust in the European Union. Outcome of the Vote The motion, which required a two-thirds majority to pass, ultimately failed to gather enough support. Of the voting …
Read More »Trump Hits EU and Mexico with 30% Tariffs as Trade War Escalates
U.S. President Donald Trump has announced a sweeping plan to impose 30% tariffs on imports from the European Union and Mexico beginning August 1. The declaration, shared via official letters posted on Trump’s Truth Social platform, comes after prolonged trade negotiations with the two key partners failed to produce a satisfactory agreement. Both Mexico and the EU expressed frustration at …
Read More »Taoiseach says business aid over tariffs too early to call
Taoiseach Micheál Martin has reaffirmed that Ireland’s top priority is safeguarding jobs and economic stability, expressing confidence that the country will overcome the challenges posed by new US import tariffs. His comments came after US President Donald Trump announced a 20% levy on EU imports, igniting concern across European capitals and especially in Ireland due to the country’s heavy reliance …
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