EU

The European Commission has mobilised emergency assistance to Venezuela following devastating earthquakes that have claimed at least 1,430 lives and left over 50,000 missing. Responders from eight EU Member States, including Italy and Spain, are on the ground, with aid efforts coordinated through the EU’s civil protection mechanism.

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President Donald Trump has threatened a 100% tariff on goods from any country, particularly targeting European nations, that implement taxes on digital services provided by US companies. This escalation comes as countries seek revenue in increasingly digital economies, with unresolved tensions over digital tax regulations.

The UK and EU agreed a new 10-year fishing deal, giving EU boats continued access to British waters, in a major breakthrough, years after Britain left the EU. The agreement was seen as key to unlocking progress in wider trade discussions.

The UK’s leading business lobbying group, the CBI, is calling for a major reset in relations with the EU, saying the current post-Brexit setup is “no longer fit for purpose”. Ahead of a UK-EU summit on 19 May, the group has urged both sides to rebuild trust and take “practical steps” to reduce red tape, ease staff mobility, and coordinate on climate, defence and energy.

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