Browsing: Ursula von der Leyen

EU Trade Commissioner Maroš Šefčovič on Tuesday urged the US to adhere to the EU-US trade deal established in Turnberry, as tensions rise over proposed US tariffs on EU cars. Šefčovič emphasised the need for a swift return to a 15% tariff cap amid ongoing negotiations.

European Commissioner for Trade Maroš Šefčovič is in Paris for critical discussions with US Trade Representative Jamieson Greer amid rising tensions over US tariff threats on European cars. French MEP Aurore Lalucq voiced scepticism towards US trustworthiness following a contentious trade deal, with further negotiations planned.

The US is set to withdraw 5,000 troops from Germany, a move announced by the Pentagon amid growing NATO tensions. Donald Trump cited European allies’ reluctance to engage in Middle Eastern conflicts as a factor. European leaders now face pressing security challenges ahead.

US President Donald Trump announced on Friday his intention to increase tariffs on cars and trucks from the European Union to 25% next week, citing non-compliance with a trade deal. The move exacerbates tensions amid ongoing negotiations regarding EU-US trade relations.

Hungary’s new Prime Minister Péter Magyar has defended appointing his brother-in-law, Márton Melléthei-Barna, as Minister of Justice amid opposition criticism. Magyar emphasised his administration’s commitment to restoring EU relations and unlocking critical funding while pledging to address past governance issues and improve public services.

Hungarian Prime Minister-elect Péter Magyar indicated that EU funds could soon be released to Hungary following productive talks with European Commission President Ursula von der Leyen. Their discussions addressed unlocking billions in frozen funding, necessary for economic support, amid a looming August deadline.

The European Commission is shifting towards a firmer stance on China, spurred by China’s threat of retaliation against the EU’s Made in Europe legislation. On 29 May, EU Commissioners will debate a new strategy amid rising pressures from industry and economic threats perceived from Beijing, signalling potential changes in trade policy.

EU leaders have committed to enhancing security and economic ties with Middle East partners while advocating for a diplomatic resolution to the Iran war. Talks in Cyprus included discussions on rising energy prices due to the conflict and the potential formation of a multinational force to secure the Strait of Hormuz.

Ursula von der Leyen’s chief adviser is in Budapest to negotiate the release of €10 billion, as Hungary aims to unfreeze the funds in exchange for specific reforms. Sources indicate that the negotiations are unrelated to Ukraine, focusing exclusively on Hungary’s compliance.

Hungary’s incoming Prime Minister Péter Magyar announced that oil flows from Russia via the Druzhba pipeline could potentially resume next week, following communication from Hungary’s MOL. This pipeline, delivering oil through Ukraine, was halted after damage from a Russian drone strike in January, straining relations with Kyiv.