The EU is targeting two Chinese banks for facilitating illegal trade with Russia as part of new sanctions, marking a significant step against third-country lenders. Meanwhile, the UK has reached a deal with Spain to allow free movement between Gibraltar and Spain, resolving a long-standing issue post-Brexit, while Italy faces pressure to increase military spending ahead of a NATO summit.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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