On Wednesday, Parliament proposed measures to manage the influx and risks associated with cheap, poor-quality products bought on platforms outside the EU. The report, adopted with 619 votes in favour, 26 against and 46 abstentions, identifies ways to ease the pressure on customs and market surveillance authorities, which struggle to monitor and ensure that […]
Read More
New import surveillance tool to help EU prevent harmful trade diversion
The European Commission has set up a new surveillance tool to help protect the EU against sudden and potentially disruptive surges in imports. This system aims to prevent harmful trade diversion, which occurs when a significant amount of goods that cannot enter other markets due to high tariffs and other restrictions are redirected into the […]
Read More
Parliament approves new tariffs on Russian and Belarussian agricultural goods
MEPs backed increased tariffs on fertilisers and certain Russian and Belarusian agricultural goods on Thursday, seeking to reduce EU dependency on those imports. Plenary has endorsed the Commission proposal to increase by 50% EU tariffs on agricultural products from Russia and Belarus that were not yet subject to extra customs duties. The aim is to […]
Read More
New screening rules for foreign investment in the EU
On Tuesday, the International Trade Committee adopted revised rules for screening foreign investments in the EU. Under the new rules, more sectors, such as media services, critical raw materials and transport infrastructure, will be subject to mandatory screening by Member States, in order to identify and address foreign investment-related security or public order risks. The […]
Read More
Statement by President von der Leyen on the announcement of universal tariffs by the US
“President Trump’s announcement of universal tariffs on the whole world, including the EU, is a major blow to the world economy. I deeply regret this choice. Let’s be clear-eyed about the immense consequences. The global economy will massively suffer. Uncertainty will spiral and trigger the rise of further protectionism. The consequences will be dire for […]
Read More
420 trucks and buses were inspected and 208 violations were detected
In the joint action, Belgium, Croatia, Cyprus, Denmark, Italy, Lithuania and Romania hosted inspections. In total, 320 inspectors from transport, police, labour and many other national authorities joined forces with visiting inspectors from 12 Member States: Austria, Belgium, Bulgaria, Croatia, Hungary, Italy, Lithuania, the Netherlands, Poland, Portugal, Slovenia and Slovakia. During the enforcement action, hundreds of vehicles […]
Read More
Commission responds to unjustified US steel and aluminium tariffs with countermeasures
In response to the imposition of new, unjustified US tariffs on EU steel and aluminium imports, the Commission has launched swift and proportionate countermeasures on US imports into the EU. The Commission regrets the US decision to impose such tariffs, considering them unjustified, disruptive to transatlantic trade, and harmful to businesses and consumers, often resulting in […]
Read More
Statement on the US reciprocal tariff policy
“The European Commission views President Trump’s proposed “reciprocal” trade policy as a step in the wrong direction. The EU remains committed to an open and predictable global trading system that benefits all partners. The EU maintains some of the lowest tariffs in the world and sees no justification for increased US tariffs on its exports. […]
Read More
Commission authorizes the acquisition of BISA by Repsol and Bunge
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of BISA (from Spain) by Repsol (from Spain) and Bunge (from Switzerland). The transaction mainly relates to the processing of oilseeds and the production of biodiesel. The Commission concluded that the notified transaction would not raise competition concerns, given its […]
Read More