European Union countries have expressed broad support for one round of 30% retaliatory tariffs if the United States does not reach a trade deal with the EU.

A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

E.U. leaders are in Beijing to mark 50 years of diplomatic relations with China, but they have major disagreements over trade and Russia’s war against Ukraine.

Chinese leader Xi Jinping urged the European Union to make “the right strategic choice” and enhance cooperation with China, while EU leaders called for a rebalancing of trade ties, as the two sides tackle deep-seated grievances at a tense summit in Beijing.

The European Union and the United States could reach a framework deal on trade this weekend, ending months of uncertainty for European industry, EU officials and diplomats said on Friday.

In this Kings and Generals Modern Affairs documentary, we examine whether the European Union can emerge as a true global superpower. With 27 member states and the world’s third-largest economy, the EU has both reach and resources,

European leaders have called for a more balanced relationship with China during a summit with President Xi Jinping in Beijing.

Goldman Sachs and J.P. Morgan downsized their expectations for further rate cuts by the European Central Bank a day after the central bank kept rates steady, pointing to a resilient economy and hopes that a European Union-U.