Background

Why Beijing isn’t rushing to answer Trump’s tariff broadside

“She said Trump is unlikely to follow through on threats, such as imposing 100% tariffs on Canada, or on many of his other warnings to trade partners.”

[CNBC]

EU and India conclude landmark free trade agreement

“This deal is expected to double EU goods exports to India by 2032 by eliminating or reducing tariffs in value of 96.6% of EU goods exports to India. Overall, the tariff reductions will save around €4 billion per year in duties on European products.”

[European Commission]

EU legislators delay Mercosur deal

“However, the EU's powerful executive branch can provisionally apply the deal until then. EU leaders are expected to discuss the way ahead at an emergency summit focused on transatlantic relations on Thursday.”

[Associated Press]

EU launches task force to strengthen import controls on food safety

“The Task Force will focus in particular on food and feed safety, pesticide residues and coordinated EU monitoring actions on specific imported products. It brings together expertise from the Commission and Member States, and will contribute to further harmonising of import controls across the EU.”

[European Commission]

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