Donald Trump and Vladimir Putin are scheduled to meet face-to-face on Friday – the first time since Russia’s full-scale invasion of Ukraine.
If Donald Trump keeps his promise to impose duties of 30% on EU goods, European businesses will have to reconsider their entire export model, experts say.
The first quarter of 2025 is marked by significant changes in the structure of gas imports to the EU. For the first time, the bloc is buying more liquefied natural gas (LNG) than pipeline gas: 8.4 million tons versus 8.2 million tons, according to Eurostat data.
The EU executive is now considering contingency plans in case a new agreement with Ukraine is not concluded before the current tariff-free scheme expires in less than a month.
“This relationship is too valuable to allow it to be destroyed,” the CEO of the American Chamber of Commerce addresses the EU. US President Donald Trump’s tariffs have been postponed for 90 days, but the deadline is about to expire – can Europe and the US come to an agreement?