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- EU and US officials prepare to revisit trade deal before 4 July deadline
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EU
EU governments and the European Parliament will revisit the EU-US trade deal discussions, following threats of higher tariffs from Trump. The urgency intensifies as the 4 July deadline approaches, marking a critical opportunity for finalisation before potential trade disruptions.
Indian Prime Minister Narendra Modi is on a European tour, having recently met Swedish counterpart Ulf Kristersson and European Commission Chief Ursula von der Leyen in Gothenburg. Discussions included advances on the EU-India trade agreement, which aims to significantly enhance investment and economic ties between India and Europe.
Former British health secretary Wes Streeting has condemned the UK’s exit from the European Union as a “catastrophic mistake” while announcing his candidacy for Prime Minister. Speaking at the Labour Party’s Progress conference, he advocated for rejoining the EU and urged current leader Keir Starmer to resign.
Spain’s government is set to legalise around 500,000 undocumented migrants, prompting various inaccurate claims regarding their rights, as stated by officials during the announcement. This development matters now amid ongoing discussions on immigration policy in Europe.
The European Commission’s Commissioner for the Mediterranean, Dubravka Šuica, has faced backlash from several EU member states, led by France, for attending the Board of Peace meeting in Washington without prior communication, raising concerns over foreign policy mandates and potential endorsement of the initiative.
EU member states will extend the carbon market regulation to prevent price spikes post-2030, according to Wopke Hoekstra, Commissioner for Climate, Net Zero and Clean Growth. This decision aims to ensure stable energy costs as the new emissions trading system launches in 2028.
António José Seguro, newly elected President of Portugal, won approximately two-thirds of the vote against André Ventura, marking a significant defeat for the far right. This result is crucial amid rising populism and ongoing tensions in Portuguese society.
The European Parliament and member states have drafted a procedure to select the hosting country for the future European Customs Authority, with formal approval anticipated shortly. This development is significant as it shapes the future of customs regulation in the EU.
The European Commission has unveiled a strategy to assist nine EU member states bordering Russia, Ukraine, and Belarus, aiming to mobilise billions of euros to combat economic and demographic decline. This move addresses urgent regional challenges.
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