EU

The European Commission has retained its carbon border tax in a new plan for fertilisers, aimed at supporting farmers despite rising costs linked to carbon pricing. Commissioner Christophe Hansen stated the importance of maintaining competitiveness against cheaper imports while acknowledging the financial pressure on agriculture and food prices.

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Former German Chancellor Angela Merkel received the European Order of Merit on Tuesday. In her acceptance speech, she emphasised that Europe can no longer assume peace and security, highlighting concerns over Russia’s invasion of Ukraine and shifting US security policies that indicate a loss of established certainties.

Diplomats and MEPs reached an agreement to implement the EU-US pact, which removes duties on most US industrial goods imported into Europe. The deal follows US President Trump’s threat of 25% tariffs on EU cars, with MEPs negotiating terms amid ongoing tensions in transatlantic relations.

MIDDLE EAST CONFLICT UPDATE

This morning, the escalating tensions in the Middle East following recent attack on Iran has increased the price of energy by 30% and catastrophic the significant humanitarian impact.
Most European States are assessing how to support their allies in the Gulf and prepare for potential fallout from diplomatic and security failures.

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