Connect with us

Politics

EU trade ministers discuss US tariffs

Published

on

eu-trade-ministers-discuss-us-tariffs

Trade relations with the US

Ministers held a discussion on the EU’s trade relations with the US, providing guidance for the forthcoming work.

In light of the recent developments, particularly the (partial) imposition of US tariffs, the ministers took this opportunity to assess the impact of these new tariffs and explore the potential for negotiating mutually acceptable solutions, which remains the EU’s preferred approach.

Further to the EU’s response in relation to the US tariffs on steel and aluminium, which is currently under preparation, ministers also addressed the possibility of further proportionate countermeasures if needed.

The EU deeply regrets the new US tariffs and remains committed to dialogue, seeking a negotiated solution acceptable for both sides. Today’s Council shows the member states are united and determined to defend interests of citizens and businesses alike. We support the European Commission and our response will be guided by patience and firmness. All options remain on the table.

Michał Baranowski, Undersecretary of State at the Ministry of Economic Development and Technology of Poland, responsible for Trade

Looking ahead, the Commission and member states will carefully assess any potential new US measures, as well as the latest tariffs announced (a 20% tariff on the EU).

The aim is to ensure that the EU’s approach remains both balanced and effective, protecting our economic interests while keeping the door open for mutually advantageous solutions.

  • EU relations with the United States (background information)

Trade relations with China

The Council reviewed the current state and future outlook of EU-China trade relations.

Commissioner Šefčovič briefed ministers on the status of the EU’s trade ties with China following his visit to the country. He reported on his discussions with Vice Premier He Lifeng, Minister of Commerce Wang Wentao, and Minister of Customs Sun Meijung, focusing on how to improve and rebalance trade and investment relations between the EU and China.

China remains a key trading partner for the EU: it is the EU’s third-largest trading partner and the second-largest in terms of trade in goods. However, the growing trade imbalances continue to raise concerns.

The EU-China trade deficit for 2024 reached €304.5 billion; while this is an improvement compared to the 2022 figures (€397 billion), it nonetheless represents a record high in terms of volume. In 2024, Chinese foreign direct investment (FDI) into the EU reached its highest level in the past five years, amounting to €185 billion, while EU FDI in China remained stable at €184 billion.

Author

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Record number of alerts in 2024 for dangerous non-food products in the EU

Published

on

By

record-number-of-alerts-in-2024-for-dangerous-non-food-products-in-the-eu

The European Times

© FRVS+MPCP 2022. The European Times® News is registered as an EU Trademark. All rights reserved. The European Times® and the logo of The European Times® are EU trademarks registered by FRVS+MPCP.

Members/Partners of

GNS Press - The European Times

About Us

Popular Category

DISCLAIMER OPINIONS: The opinions of the authors or reproduced in the articles are the ones of those stating them and it is their own responsibility. Should you find any incorrections you can always contact the newsdesk to seek a correction or right of replay.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

DISCLAIMER PHOTOS: We mostly used photos images that are readily available online, from free sources, or from the people promoting the news. If by any chance it happens that we have used one of your copyrighted photos, please do not hesitate to contact us and we will take it down without question. We do not make profits as this is a not for profit project to give voice to the voiceless while giving them a platform to be informed also of general news, and it is completely free.

Editor Picks

Author

Continue Reading

Politics

Habitats directive: Council agrees on the targeted proposal to change the protection status of the wolf

Published

on

habitats-directive:-council-agrees-on-the-targeted-proposal-to-change-the-protection-status-of-the-wolf

Today, member states’ representatives (Coreper) approved the Council’s mandate on changing the protection status of the wolf, aligning EU legislation with the updated Bern Convention. The mandate includes a targeted amendment of the habitats directive – the EU law that implements the Bern Convention – to reflect the revised protection level of wolves from ‘strictly protected’ to ‘protected’.

The objective is to provide more flexibility in managing wolf populations across EU countries, in order to improve coexistence and to minimise the impact of the growing population of the species, including socioeconomic challenges. Member states may have stricter protection levels in place.

The Council’s position contains no changes vis-à-vis the initial Commission’s proposal on this targeted amendment of the habitats directive.

Member states’ representatives endorsed the objective of aligning EU legislation with the recent decision of the Bern Convention which entered into force on 7 March 2025, following the EU proposal to modify the protection status of the wolf from strictly protected to protected species.

While wolves would no longer be under the status of strictly protected species, member states should still ensure the wolf favourable conservation status and apply monitoring measures which may lead to temporary or local bans on hunting. Moreover, EU funding and support will still be available for coexistence and prevention measures and state aids for compensating affected farmers may remain in place.

However, member states still have the possibility to list the wolf as a strictly protected species in their national legislation, and to have stricter measures in place for its protection.

Next steps

The European Parliament aims to adopt its position in May 2025. If this position is identical to the Council’s mandate, the Council will then formally adopt the amending directive.

Background

The Bern Convention, which was adopted in 1979 and entered into force in 1982, is an international treaty under the aegis of the Council of Europe which aims to ensure the conservation and protection of wild plant and animal species and their natural habitats.

To this end, the convention imposes legal obligations on contracting parties, protecting over 500 wild plant species and more than 1 000 wild animal species.

Its decision-making body, the Standing Committee, meets every year in Strasbourg. The EU and its member states are parties to the Bern Convention.

On 20 December 2023, the Commission forwarded to the Council a proposal for a decision to adapt the protection status of the wolf under the Bern Convention. Changing the protection status of the wolf under the Bern Convention is a prerequisite for any corresponding changes to its status at EU level. On 26 September 2024, the Council adopted a decision to submit, on behalf of the European Union, a proposal to amend the conservation status of the wolf. The decision of the Bern Convention entered into force on 7 March, allowing the EU to adapt the corresponding laws.

The conservation status of the wolf has shown a positive trend over the last few decades. The species has successfully recovered across the European continent, and the estimated population has almost doubled in 10 years (from 11 193 in 2012 to 20 300 in 2023).

This continued expansion has led to socio-economic challenges, in particular as regards coexistence with human activities and damage to livestock. According to the latest available data from member states, wolves are estimated to kill at least 65 500 heads of livestock each year in the EU.

Author

Continue Reading

Politics

We’re Moving In: A New Home for AMLA in Frankfurt

Published

on

we’re-moving-in:-a-new-home-for-amla-in-frankfurt

We’re Moving In: A New Home for AMLA in Frankfurt

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Newsdesk

– Advertisement –spot_img

– Advertisement –

We’re excited to share a major milestone for AMLA —we have officially signed a lease for our new office space in Frankfurt!

Our future home will be located in the iconic MesseTurm, where we’ll be occupying the top floors. The lease agreement marks the beginning of our permanent presence in Frankfurt and our long-term commitment to the city.

This is a big step for AMLA as we establish our first-ever official seat. With sweeping views from the upper floors and modern office infrastructure, our new space will support a dynamic, collaborative work environment and position us to deliver on our mission.

“After kindly being hosted in the building since the start of the year, we are excited to make our long-term stay in the building official,” said Bruna Szego the Chair of AMLA. “We look forward to continuing our work in this vibrant and welcoming environment, and to deepening our connection with the city of Frankfurt.”

We’re thrilled to become part of the Frankfurt community and contribute to the city’s growth, innovation, and international relevance.

Source link

More from the author

– EXCLUSIVE CONTENT –spot_img

Author

Continue Reading

Trending

Copyright © 2023 EuroTimes