Europe Rushes to Negotiate a Trade Deal
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EU diplomats push for more aid to Gaza
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European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.
American company Venture Global reaches two major liquefied natural gas supply deals with European energy firms following trade discussions between President Trump and European leaders.
President Donald Trump on Saturday threatened duties of 30% on products from Mexico and the European Union, two of America’s biggest trading partners, in an ongoing tariff campaign that’s upended global trade since he retook office in January.
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European stocks ticked up on Tuesday after US President Donald Trump indicated he is open to more trade negotiations with the European Union and Nvidia Corp. said it planned to resume sales of its H20 AI chip to China after securing Washington’s backing.
Makers of the most advanced artificial intelligence systems face obligations for transparency, copyright protection and public safety. The rules are not enforceable until next year.
The European Union will invest €202m ($236m) in the International Fusion Materials Irradiation Facility – DEMO-Oriented Neutron Source.
The European Union has finalised a second list of countermeasures to target US goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles, and bourbon, if it decides to retaliate as transatlantic trade tensions intensify.
The European Union will meet with representatives from Elon Musk's xAI to discuss problems with its social network X and integrated Grok chatbot. Grok generated and spread antisemitic hate speech across X and praised Adolf Hitler. xAI issued an apology on Saturday and said the problematic content was generated following a code update.