Europe will respond to any tariffs imposed by President Donald Trump in a proportionate way, the European Union's commissioner for the economy told CNBC Wednesday. "If there is a need to defend our economic interests we will respond in a proportionate way,

U.S. President Donald Trump has promised to address a longstanding trade deficit with the European Union, saying he will reverse that by imposing tariffs or making the EU buy more U.S. oil and gas.

Mr Trump has also withdrawn the US from the Global Tax Deal - an agreement on a global minimum corporation tax.

The bloc's defence push could potentially be used as leverage in a trade standoff with Trump, according to Stephane Sejourne, the EU's commissioner for industrial strategy, who noted Europe's economy needs to be in good health to allow for more security spending.

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term

BRUSSELS: The EU's top diplomat and Poland's prime minister said on Wednesday (Jan 22) that the bloc must heed US President Donald Trump's demand to spend much more on defence - faced with the

EU trade chief Maroš Šefčovič extended an olive branch to Washington on Wednesday, two days after the U.S. president was sworn in. He told POLITICO that Brussels was ready to talk with the new Washington administration — despite the repeated threats that Trump has made to hit the 27-nation bloc with tariffs.

US President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as February 1.

WARSAW — It's March 2027 and soldiers from a European peacekeeping force are patrolling the demarcation line separating Ukraine from Russian-occupied territory. The troops are tense.