Despite previous reservations, France held a meeting with 10 EU countries to discuss a possible trade deal with Latin America's Mercosur bloc, a day after the United States unleashed a global trade war,

Banking regulator finds 60 out of 267 banks have insufficient US dollar funding to cover exposures in the currency

Alongside Wall Street, global stock markets took a beating after Trump unveiled a 10% baseline tax on all imports, as well as higher tariff rates for some major trade partners.

Aerospace firms sought to contain a minefield of pressures on Thursday after an Airbus-led body urged the European Union to hit back against U.S. President Donald Trump's tariffs and one of Europe's biggest airlines warned of higher fares.

The European Union has gone back to the drawing board for its 2040 climate target in a bid to make sure it can secure a majority among the bloc’s 27 member states and parliament.

WARSAW (Reuters) - European countries are already providing more than half of Ukraine's ammunition needs, recently put at two million rounds by Ukrainian President Volodymyr Zelenskiy, European Union foreign policy chief Kaja Kallas said on Thursday.

"They hate our beef because our beef is beautiful and theirs is weak," Lutnick said of the European Union.

The UK and the European Union are expected to work toward linking their carbon markets at a summit next month, a move that would underline improving relations five years after Brexit.

EU leader says Trump's latest tariffs are a major blow to the world economy and will hurt vulnerable people the most

Changes to future EU gas storage targets being negotiated by European Union countries could, if approved quickly enough, also soften this year's binding storage-filling requirements, EU diplomats told Reuters.