Davos, Jan 20 (IANS) European Commission President Ursula von der Leyen said on Tuesday that the European Union (EU) is set to finalise a “historic” free trade agreement (FTA) with India.Addressing the World Economic Forum (WEF) here, she describing the upcoming trade pact as historic.“There is still work to do. But we are on the cusp of a historic trade agreement,” she told the gathering, adding that the pact could create a market of nearly two billion people.Von der Leyen is set to vis…
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Brussels, Jan 19 (IANS) The transatlantic rift over Greenland deepened remarkably on Sunday as Europe mounted a rare, unified rebuke to punitive tariff threats from US President Donald Trump.In the strongest coordinated response so far, the eight countries directly targeted by the proposed tariffs — Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, and the United Kingdom — issued a joint statement declaring “full solidarity” with Denmark and Greenland, Xinhua news agency repo…
Brussels, Jan 18 (IANS) Bernd Lange, chair of the European Parliament’s Committee on International Trade, urged the European Commission to trigger the EU’s anti-coercion instrument after US President Donald Trump threatened additional tariffs on a group of European countries over Greenland.”It is also now high time to use the Anti-Coercion Instrument (ACI) … and formulate a clear EU response,” Lange said in a LinkedIn post, urging the Commission to start the ACI procedure immediately, Xinhua n…
Brussels, Jan 18 (IANS) US President Donald Trump’s threat to impose new tariffs on eight European countries unless Denmark accept a deal over Greenland has drawn swift rebukes from Nordic capitals and major European leaders, fueled calls for an EU-level response, and cast fresh doubt over the implementation of last year’s EU-US tariff “truce.”In a social media post on Saturday, Trump said the United States would levy a 10-per cent tariff from February 1 on goods from Denmark, Norway, Sweden, Fr…
Paris, Dec 24 (IANS) French President Emmanuel Macron on Wednesday criticised US visa restrictions against former European Commissioner for Internal Market Thierry Breton and four other European figures, calling the measures as “intimidation and coercion” aimed at undermining European digital sovereignty. Macron’s statement comes after the US announced that it is banning Breton and four other European citizens involved in curbing hate speech from US soil as part of a sanctions package targetting…