The European Union called on Saturday for an “immediate de-escalation” between Afghanistan and Pakistan, as Islamabad launched air strikes in a flare-up of fighting. “We call on all actors for immediate de-escalation and a halt of hostilities following the sharp increase of violence in Afghanistan and Pakistan, including cross-border attacks and reported strikes over the…
“We are in the midst of a rupture, not a transition,” Canadian Prime Minister Mark Carney said in his speech at Davos on Monday. “Great powers have begun using economic integration as weapons, tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities to be exploited.” “You cannot live within the lie of mutual…
Europeans were reeling Sunday from President Trump’s announcement that eight countries will face a 10% tariff for opposing American control of Greenland. The responses to Mr. Trump’s decision ranged from saying it risked “a dangerous downward spiral” to predicting that “China and Russia must be having a field day.” Mr. Trump’s threat sets up a…
While the tariffs are for EU countries, the policy uncertainty under Trump is a reminder for India which is currently negotiating a trade deal with the US. (AI image) US President Donald Trump’s latest threat to impose tariffs on European Union countries – a move openly linked to Greenland, following these countries’ support for Denmark’s…
The European Union and the Mercosur on Saturday formally signed a long-awaited free trade agreement, closing more than 25 years of negotiations and creating one of the world’s largest integrated trading zones.The agreement was signed in Asunción, marking a significant geopolitical win for the EU at a time of intensifying global trade frictions, rising tariffs…