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The Latest News about The European Union

EU Council, Russian and American Leaders Reportedly Pulled into Urgent Meetings

Global leaders are reportedly engaged in urgently-called security/defense meetings, but no official explanation has been offered. And, according to Vice President Pence’s chief of staff, the public may not know why for weeks. Something’s Up First, President Donald Trump’s schedule for today was completely devoid of public events – a rare occurrence on a workday. Second, Air Force 2, carrying ...

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Trump Criticizes European Central Bank’s Tactics

Donald trump tweeting

President Donald Trump spent part of Tuesday morning criticizing the European Central Bank’s tactics to boost the European economy. “Mario Draghi just announced more stimulus could come, which immediately dropped the Euro against the Dollar, making it unfairly easier for them to compete against the USA. They have been getting away with this for years, along with China and others,” ...

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EU Regulators Take Aim At Google Over Silicon Valley Giant’s Business Model

European Union regulators fined Google a hefty $1.7 billion Wednesday on the basis that the Silicon Valley giant violated various anti-trust laws, The Washington Post reported Wednesday. Google engaged in “illegal practices” in a bid to “cement its dominant market position” in advertising markets, Margrethe Vestager, EU’s top competition commissioner, said in a press statement announcing the penalty. Additional criticisms ...

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European Parliament Follows US Lead In Recognizing Venezuelan Opposition Leader As Interim President

The European Parliament voted Thursday to recognize the Venezuelan opposition leader as the country’s legitimate interim president, following the steps of the United States, Canada and several other Latin American countries. Venezuelan National Assembly President Juan Guaido declared himself president Jan. 23 in the capital city of Caracas amid nationwide protests demanding Socialist President Nicolas Maduro step down after years of ...

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Trump Just Secured Another Major Trade Victory

The European Commission approved U.S. soybeans to be used in the production of biofuels, a decision that will fulfill President Donald Trump’s demand that the European Union buy more of the product. “Today’s decision is new proof that the European Union is delivering on our commitments,” EU Commission spokesman Margaritis Schinas said Tuesday. “[T]his means that as of today it ...

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Ford Is Slashing Jobs And Cutting Production But Not In The US

Ford Motor Company is overhauling its operations in Europe, potentially cutting thousands of jobs, closing factories and shutting down production of unprofitable vehicle models, The Wall Street Journal reports. The company’s reorganization comes as traditional car manufacturers struggle to clear new hurdles such as environmental policies against combustion engines and growing investment in electric vehicles. Troubled Brexit negotiations are also ...

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Gun Use Surges In Surprising Region

Gun ownership is on the rise across Europe, according to a Wall Street Journal report, which attributes the upturn in part to the increase in terrorist activity in the region as well as a general insecurity against rising crime. The Monday report also cited the Small Arms Survey, which noted the number of Europe’s unregistered weapons outnumbered legal ones by 44.5 million to 34.2 ...

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Limbaugh: Trade War Surrender, Trump Brings E.U. to Its Knees

On his nationally syndicated radio program Thursday, host Rush Limbaugh credited President Donald Trump for taking care of the European Union by forcing them to cave on trade barriers, essentially bringing them to their knees, said Limbaugh. When discussing the meeting between Trump and European Commission President Jean-Claude Juncker on Wednesday, in which the leaders agreed to work toward eliminating tariffs ...

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Canada, Mexico, EU will miss out on America’s red-hot economy as they push trade restrictions

Donald Trump success

America’s closest trading partners are in danger of becoming former close trading partners at a time when the American economy is booming and trade revenues are set to skyrocket. Mexico threatened to punish U.S. hog farmers this week with a punitive tariff on some of their products. In reality, the measure will just make pork legs more expensive for the ...

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Trump slaps EU, Canada, Mexico with Aluminum tariffs, Steel restrictions

The Trump administration has worked for months to come to agreements to limit the dumping of aluminum and steel into the United States. While the U.S. has reached satisfactory trade agreements with a few nations on aluminum and steel imports, most will be hit with severe tariffs and restrictions beginning at Midnight Thursday night ending a 2-month exemption for those ...

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Presidential Proclamation Adjusting Imports of Steel into the United States [Full Text]

Donald Trump signs tax reform into law 12-22-17

1.  On January 11, 2018, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effect of imports of steel mill articles on the national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). 2.  In Proclamation 9705 of March 8, 2018 (Adjusting Imports ...

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