MEPs voted on Wednesday to support the 267 workers made redundant after Tupperware Belgium closed down following bankruptcy, according to a European Parliament press release. A Commission proposal to mobilise €1.6 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) to support 267 workers laid off following the bankruptcy and closure of Tupperware Belgium in February 2025 won Parliament’s support on Wednesday. The decision was adopted by 562 votes in favour and 53 against, with 19 abstentions.
Read more
The European Union should only accept new U.S. ​tariffs that recreate the ‌substance of the deal agreed between the two sides in Scotland ​last year, the chair of ​the European Parliament's trade committee ⁠said on Thursday, Reuters reported. Bernd Lange ​said that Washington's launch of new 'Section 301' investigations ​into unfair trade practices had been expected, but they provided no clear ​commitment from the U.S. ​administration to uphold the terms of the ‌agreement ⁠struck at U.S. President Donald Trump's Turnberry golf course.
Read more
Wall Street stocks declined on Monday after the European Union delayed a trade deal with the U.S. after Donald Trump said he would impose new blanket 15pc global tariffs, The Telegraph reported. The tech-heavy Nasdaq Composite and the S&P 500 both shed 1.2pc, while the Dow Jones industrial Average fell 1.5pc. The European Parliament’s trade committee had been due to vote on Tuesday about whether to adopt a deal that would have lowered duties on both sides of the Atlantic. However, the plan has been thrown into disarray after the Supreme Court struck down swathes of the U.S.
Read more
The European Commission demanded on Sunday that the United States stick to the terms of an EU-U.S. trade deal reached last year, after the U.S. Supreme Court struck down Donald Trump's global tariffs and he responded with new levies across the board, Reuters reported. The Commission, which negotiates trade policy on behalf of the 27 EU member states, said Washington must provide "full clarity" on the steps it intends to take following the court ruling. After the court struck down Trump's global tariffs on Friday, the U.S.
Read more
Business registrations in the EU rose by 0.5% in the final quarter of 2025 compared with the previous quarter, while bankruptcy declarations increased by 2.5%, the Brussels Times reported. The figures cover the fourth quarter of 2025 and compare it with the third quarter, Eurostat reported on Monday. Registrations increased in five of eight parts of the “business economy” — a broad grouping of non-financial market sectors.
Read more
The European Parliament gave its first major backing to the digital euro on Tuesday, endorsing the European Council's negotiating stance for a central bank digital currency with both online and offline functionality, Reuters reported. The endorsement matters because the European Central Bank needs Parliament's legislative approval before it can issue a digital euro, meaning its goal of a 2029 launch depends on lawmakers signing off.
Read more
The European Union must simplify its regulations to make the bloc more competitive against the likes of the United States and China, European Commission President Ursula von der Leyen said ahead of summits of EU political ‌and business leaders, Reuters reported. EU growth has been persistently lower than that of the United States over the past two decades, with EU productivity and innovation, ‌particularly in fields like AI, falling short. "Let me take the U.S. example again. One financial system, one financial capital," von der Leyen said on Wednesday.
Read more

EU Tariffs on Imports of China-Made EVs

The European Commission has imposed additional duties on imported electric vehicles made in China since 2024, though under European Union rules carmakers can now negotiate tariff exemptions for individual electric models imported from China, Reuters reported. In February 2026 the Commission approved, in a first such move, a request by Volkswagen's Cupra brand to free its Tavascan SUV coupe, which is made in China, from import tariffs in exchange for a minimum price and annual quota model.
Read more
India and the European Union struck a long‑delayed deal on Tuesday that will slash tariffs on most goods, aiming to boost two‑way trade and reduce reliance on the United States amid growing global trade tensions, Reuters reported. The deal is expected to double EU exports to India by 2032 by eliminating or reducing tariffs in 96.6% of traded goods by value, and will lead to savings of 4 billion euros ($4.75 billion) in duties for European companies, the EU said.
Read more