The European Union plans to urge India to lower its high tariffs on cars and wine to boost trade, as it seeks to reduce its reliance on China, a senior official from the bloc said, ahead of a visit by the European Commission president to New Delhi.
Areas of tension sure to be on the agenda, although problems between Europe and US could provide space for positive discussions.
EU, climate change
The anniversary was being marked as U.S. policies on Russia and Ukraine shift under President Donald Trump. Here's the latest: BEIJING — China’s President Xi Jinping had a call with Russia’s President Vladimir Putin Monday,
French official ‘dismayed’, refers to ‘allegations of political pressure’ on what was once the city’s largest opposition party.
Still, Trump blames the VAT for the U.S. trade deficit with the European Union, which hit $236 billion in 2024, according to the Census Bureau, second only to China. “A VAT tax is a tariff,” Trump told reporters Thursday.
China considers Germany and the European Union as a whole as strategic partners, and it wants stronger cooperation with them in the spirit of free trade and multilateralism, the Chinese foreign minister told the German chancellor on Saturday.
During the G-20 summit in India in September 2023, India, the United States, the UAE, Saudi Arabia, France, Germany, Italy, and the European Union (EU) announced plans to create the India-Middle East-Europe Economic Corridor (IMEC) and signed the IMEC memorandum.
The rapid advancements in artificial intelligence by Chinese companies like DeepSeek are transforming the global economic landscape, while the U.S. and European Union struggle to keep pace. DeepSeek’s ability to develop cutting-edge AI models despite reportedly not having access to the most advanced American chips has caught the attention of researchers worldwide.
Two European startups have achieved key milestones in electric vehicle (EV) battery recycling, a crucial step toward meeting upcoming EU regulations, reducing dependence on China, and cutting carbon emissions.
China has been "doing its best" to push for negotiations with the European Union over its tariffs on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday, almost four months after the punitive import curbs took effect.
China told the European Union it is ready to step up communication with the bloc, enhance mutual understanding and jointly provide more stability to the world, according to remarks its foreign minister made to the EU policy chief.
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