The EU executive will present fresh guidelines on Wednesday meant to reinforce the bloc’s market protection in the face of rising foreign risks, EuroNews.com reported. The doctrine's launch comes after months of tense exchanges with China, which has restricted exports of rare earths and chips – both crucial to several strategic EU industries. The EU is also grappling with a sharp shift in the trade policy of its closest ally, the US, whose nationalist, protectionist approach has put Brussels under extreme pressure, resulting in what many see as an unbalanced trade deal reached in July 2025.
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Stellantis Chairman John Elkann on Tuesday warned the European auto industry risks an "irreversible decline" if the European Union does not soften its stance on cuts in carbon emissions to grant automakers more flexibility, Reuters reported. The European Commission is due to present a package of proposals for its scheduled review of EU carbon emissions regulation for the auto industry on December 10.
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Europe is jeopardising its own future by missing the boat on artificial intelligence and must ​quickly remove obstacles that prevent the diffusion of this new technology,‌ European Central Bank President Christine Lagarde said on Monday, Reuters reported. Firms in the U.S.‌ and China are investing heavily in AI, generating a debate on whether this exuberance is fuelling a financial bubble or signalling a technological leap.
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The United States on Monday demanded that the European Union make its regulation of the tech sector more "balanced" in exchange for a reduction of U.S. tariffs on steel and aluminium imports from the bloc, Reuters reported. At a meeting in Brussels, EU ministers urged U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer to implement their July trade deal, with cuts to U.S. tariffs on EU steel and their removal from EU goods such as wine and spirits.
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European Union governments and the European Parliament have reached agreement on harmonising the 27-nation bloc's insolvency laws to make it easier to invest across the EU and create a more liquid EU capital market, the EU Council said in a statement, Reuters reported. Work on harmonising some key aspects of the 27 different national bankruptcy laws has been going on for a decade, slowed down by vested interests, different national legal cultures and traditions and turf wars between justice and finance ministries.
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European Union ministers on Thursday voted to eliminate duty-free status for small parcel imports, joining the United States in upending a popular mechanism for e-commerce platforms to directly ship orders across borders to households at low cost, Freight Waves reported. The agreement would eliminate the 150 euro customs threshold, equivalent to $174, below which shipments are exempt for paying duties in 2028, dependent on the successful completion of a centralized EU customs data hub that would replace fragmented national systems for processing trade flows.
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Europe's existing crypto rules already contain safeguards against risks posed by stablecoins, the region's banking supervisor told Reuters, ​after the European Central Bank warned that the tokens could threaten financial stability. The ECB and the ‌European Systemic Risk Board (ESRB) have urged Brussels to ban the “multi-issuance” model, where global ‌stablecoin firms treat tokens they issue in the EU as interchangeable with those outside the bloc.
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Chinese companies in the European Union say business conditions in the bloc have deteriorated for a sixth consecutive year, with rising labour costs and political challenges pressuring their operations, according to a survey published on Wednesday, Reuters reported. The survey for the China Chamber of Commerce to the EU of 200 Chinese companies and organisations said that the bloc's performance in research, talent, digitalisation and market access represented obstacles.
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The European Parliament began debating on Tuesday whether to make the EU-U.S. tariff deal conditional on concessions from Washington and limited in time, which could reignite trade tensions with the Trump administration, Reuters reported. Under the deal, the United States is broadly imposing 15% tariffs on EU goods, while the European Union removes many of its duties on U.S. imports, a step that the European Parliament and EU governments need to approve.
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Europe’s top official for winding down failed lenders is seeking reassurances that the US won’t stand in the way of regulators elsewhere forcing bondholders to take losses when big banks fail, Bloomberg News reported. Dominique Laboureix said that he has recently convened a group at the Financial Stability Board (FSB) that is “working seriously” on the matter. “In these topics, you cannot achieve 100% of comfort all around the globe with all the authorities,” Laboureix, who leads Europe’s Single Resolution Board, said in an interview.
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