The EU and United Arab Emirates have initiated trade talks in response to US tariffs, with European Commission president Ursula von der Leyen agreeing to launch negotiations for a Comprehensive Economic Partnership Agreement. President Donald Trump had threatened reciprocal tariffs on both the EU and UAE, but has since paused them for 90 days. The UAE, a major oil producer, has pursued numerous bilateral trade deals and is looking to deepen economic ties with the EU through liberalizing trade in goods, services, and investment, focusing on strategic sectors such as renewable energy and critical raw materials.
Full Article
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? 🔎
Read more