A high-stakes trade agreement between the European Union and the United States is edging closer, centered around a proposed 15% base tariff on EU goods. While both sides have inched toward consensus, past attempts have faltered late in negotiations—most recently due to pushback from the White House. Whether this deal will break that cycle remains uncertain. Framework of the Potential …
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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 »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 »Canada Sues Google Over ‘Anti-Competitive’ Ad Tech Practices
Canada’s competition regulator has filed a lawsuit against Google, accusing the company of engaging in anti-competitive practices in the online advertising sector. Google, which is the dominant provider of advertising technology tools in Canada, is being scrutinized for its role in the automated ad auctions that determine which ads appear when people visit websites. According to the Competition Bureau, Google …
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