On May 26, 2025, European Union Trade Commissioner Maroš Šefčovič engaged in constructive discussions with U.S. officials, including Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer, following President Donald Trump’s decision to postpone the imposition of 50% tariffs on EU goods until July 9. This extension provides both[Read More…]

France’s Court of Auditors has issued a stark warning about the nation’s escalating public debt and the unsustainable trajectory of social spending. The court cautioned that without significant fiscal reforms, France risks a “liquidity crisis” as early as 2027, jeopardizing the government’s ability to meet its financial obligations and maintain[Read More…]

On May 26, 2025, U.S. President Donald Trump postponed the implementation of a proposed 50% tariff on European Union (EU) goods until July 9, following a high-level discussion with European Commission President Ursula von der Leyen. This delay offers both sides additional time to negotiate a resolution to the escalating[Read More…]