The European Commission plans to submit counter-tariffs on 93 billion euros ($109 billion) of U.S. goods for approval to EU members, while its trade chief will hold talks with U.S. Commerce Secretary Howard Lutnick.

STORY: The European Commission has plans for counter-tariffs on $109 billion of U.S. goods.And it aims to submit the proposal to EU member for approval on Wednesday (July 23).All while its trade chief is due to hold talks with U.

The European Union thought it had a trade deal with the US, until further concessions were requested from the White House last week.

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

The climate declaration is not expected to include new pledges, but instead reaffirm the two sides' commitment to address climate change, despite the EU and China being at odds over other issues including trade disputes and Russia's war in Ukraine.

The European Union and China are preparing a landmark joint statement on climate cooperation, a move that could help galvanize momentum ahead of the COP30 summit in Brazil later this year.

The European Union and the United States are heading towards a trade deal that would result in a broad tariff of 15% applying to EU goods imported into the United States, two diplomats said on Wednesday.

The European Union plans to quickly hit the US with 30% tariffs on some €100 billion ($117 billion) worth of goods in the event of no deal and if US President Donald Trump carries through with his threat to impose that rate on most of the bloc’s exports after Aug.