The Latest News about The European Union

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 ...

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 ...

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 ...

The New York Times reported that President Donald Trump discussed pulling the US out of NATO, a bombshell which sent shockwaves through the Media, Hollywood, and the Swamp in DC. The reaction was quick from swamp officials such as Preet Bahara who tweeted “If true: Trump should immediately and publicly state his apparent wish to withdraw from NATO so he can ...

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 ...

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 ...

The European Union, China and Russia have agreed to establish a special financial channel that will allow them to continue trading with Iran while avoiding U.S. sanctions.

The European Union told Facebook to expect sanctions if the company doesn’t revise its “misleading” terms and conditions by the end of the year, The Guardian reported Thursday.

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 ...

Wikipedia is protesting the European Union’s copyright initiative, which many people believe will do significant damage to freedom on the internet and effectively make memes illegal.

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 ...

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 ...

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 ...

On January 19, 2018, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effect of imports of aluminum 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). In Proclamation 9704 of March 8, 2018 (Adjusting Imports of Aluminum Into the United ...

  by Will Racke Leaders from several European Union countries said Thursday they’re ready to negotiate with Washington on opening up their markets to more U.S. exports in exchange for a blanket exemption on industrial tariffs. At an EU-Western Balkans summit in Sofia, Bulgaria, leaders settled on several areas where they would be willing accommodate President Donald Trump’s administration, on ...