This article discusses the EU’s plans to impose higher tariffs on Ukrainian imports, which could significantly impact Ukraine’s economy during its ongoing conflict with Russia. Key issues include the EU’s €150bn defense loan scheme, where major EU countries are divided on participation rules for non-EU arms producers, with France advocating for stricter limits that could hinder defense projects in nations like Italy and Germany. Additionally, NATO foreign ministers will convene in Antalya to address U.S. President Trump’s demands for increased defense spending among allies, with expectations of a push towards a 5% GDP target.
