The European Union and the U.S. are moving toward a trade deal that could include a 15% U.S. baseline tariff on EU goods and possible exemptions, two European diplomats said on Wednesday, potentially moving President Donald Trump closer to another major trade agreement on the heels of the one he just unveiled with Japan.

Leaders of the European Union and Japan have launched an alliance aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the United States and China.

The European Union has begun consultations to further simplify environmental policies after cutting back an initial set of sustainability laws earlier this year in response to criticism from industries.

China and the EU are expected to publish a joint statement committing the two regions to more ambitious plans for cutting emissions ahead of the UN COP30 summit in Brazil, in an e

TOKYO: The EU and Japan pledged on Wednesday (Jul 23) to work together on championing a "free and fair" trade global system, as US tariffs and disputes with China rattle their economies. Brussels and Tokyo announced a "competitiveness alliance" to increase bilateral trade,

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.

By Sherin Elizabeth Varghese and Ashitha Shivaprasad (Reuters) -Gold prices extended losses on Wednesday following reports that the U.S. and European Union were closing in on a 15% tariff deal, dampening safe-haven demand,

NATO prepares for potential threats as EU defense chief highlights 2027 as a critical year when Russia and China could launch simultaneous military actions.