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Eu Trade Deal

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Paris tractors pressure EU to rethink Mercosur deal
world1 month ago

Paris tractors pressure EU to rethink Mercosur deal

French farmers blocked central Paris with tractors to pressure the government and the EU over the EU–Mercosur free-trade agreement, arguing it threatens French agriculture with cheaper South American imports. Organized by FNSEA and Jeunes Agriculteurs, protesters planned to stay overnight as talks continue, with a further demonstration planned at the European Parliament in Strasbourg on Jan 20 and government measures tied to the 2026 budget.

European Auto Stocks Drop Amid US-EU Trade Deal Tensions
business7 months ago

European Auto Stocks Drop Amid US-EU Trade Deal Tensions

European auto stocks like Volkswagen and BMW fell after a new US-EU trade deal included a 15% import tariff on European cars, despite the deal reducing potential tariffs and easing trade tensions. Investors may have expected more favorable terms, and the ongoing tariffs are expected to impact the European auto industry financially, while automakers like GM and Ford prepare for potential cost increases. The market reaction reflects cautious optimism about the deal's long-term effects.

Markets Steady as U.S.-EU Trade Deal Boosts Investor Confidence
business7 months ago

Markets Steady as U.S.-EU Trade Deal Boosts Investor Confidence

The stock market is experiencing gains with the S&P 500 approaching a record high, driven by risk-on sentiment following a trade deal between the US and EU that reduces tariff concerns. The Nasdaq and certain sectors like energy, consumer discretionary, and tech are leading, while market breadth remains weak with only a few stocks advancing. Investors are optimistic ahead of upcoming earnings and economic data.

Trump's Scotland Visit Blurs Politics and Business Amid Golf and Diplomacy
world7 months ago

Trump's Scotland Visit Blurs Politics and Business Amid Golf and Diplomacy

U.S. President Donald Trump arrived in Scotland for golf and talks with UK and EU leaders, aiming to finalize a trade deal with the EU amid ongoing controversies over his ties to Jeffrey Epstein. The trip also involves meetings with UK Prime Minister Keir Starmer and EU officials, with discussions on trade tariffs, Ukraine, and Gaza. Trump faces protests and unfavorable opinions in Scotland, but continues to push for a significant trade agreement and maintains focus on his domestic political issues.

Macron's UK Visit Highlights Diplomatic and Economic Tensions
world7 months ago

Macron's UK Visit Highlights Diplomatic and Economic Tensions

French President Emmanuel Macron's three-day state visit to the UK coincides with U.S. President Trump's threat of new tariffs, overshadowing the diplomatic events. The visit aims to strengthen UK-France relations and address issues like migration, trade, and security, while the EU seeks to negotiate a trade deal with the US amidst tensions over tariffs. The UK is showcasing its traditional pomp and pageantry, with a focus on reinforcing alliances amid complex global threats.