The EU is preparing counter-tariffs targeting the US totaling $28B, and the UK has compiled a list of 8,000 US goods to mirror tariffs. EU countries will aim to present a united front against Donald Trump’s tariffs in the coming days, likely by approving the initial set of targeted counter-measures on US imports. The 27 EU count... #DonaldTrump #DutyTariff #EuropeanCommission #foreignTrade #GreatBritain #USduties
The EU suggests avoiding a trade war with the US by reducing dependence on Russian gas. The EU wants to increase imports of liquefied natural gas from the US to reduce dependence on Russian gas and convince the next US president, Donald Trump, not to impose tariffs on European goods. EU ... #Brussels #DonaldTrump #foreignTrade #LNG #Washington
European leaders urge Trump to support Ukraine and avoid trade wars. At the European Political Community summit in Budapest, EU leaders urged Donald Trump to maintain support for Ukraine, avoid trade wars, and refrain from disrupting world order during his second US pr... #DonaldTrump #foreignTrade #GeopoliticalFragmentation #LucFrieden #MarkRutte #UrsulavonderLeyen
Last year, Ukraine’s export of agricultural products to the EU decreased by 27.5%. According to Eurostat data, the total value of Ukrainian agricultural goods imported by the EU in 2023 decreased compared to 2022 by 27.5%, or by €3.6B, to €9.5B. As a result, Ukraine’s share among EU... #agroexportukraine #EUEconomy #Eurostat #foreignTrade #UkraineExport
The EU will spend €10B on a transport corridor from China to Europe through Ukrainian seaports, bypassing Russia. European and international financial institutions are allocating €10B to develop the Trans-Caspian transport corridor from China to Europe, bypassing Russia, said Valdis Dombrovskis, Vice President of... #ChinaEurope #foreignTrade #SeaExport #TransCaspianTransportCorridor #ValdisDombrovskis
Last year, Ukraine and the EU increased agricultural trade by 39%. The trade amount reached $16.5B, with a $9.7B surplus, the highest figure recorded during the association agreement, which surpasses the previous record of $11.9B by 39%, the Institute of Agrarian Eco... #agroexportukraine #foreignTrade #UkraineEUtrade
Trade between Germany and Ukraine declined but less than expected. Although trade flows between Germany and Ukraine declined by almost 7% last year, it was a smaller drop than expected, and business has been recovering since the late fall, according to Bloomberg. Ge... #foreignTrade #GermanyTrade #UkraineandGermany
Since the beginning of the year, Ukrainian goods have gained access to markets in six countries. In the eight months of 2022, 10 groups of Ukrainian goods gained access to foreign markets in six countries, the Ministry of Foreign Affairs reported. These goods include: meat products and partially ... #ExportofUkrainianGoods #foreignTrade
By the wider measure of goods and services, Ukraine’s foreign trade eked out a small surplus during the first half. Exports grew by 25.5%, to $35 billion, while imports rose by 28%, to $34.5 billion. Ukraine’s trade deficit with the EU dropped in half, to slightly less than $1 billion. Exports to EU nations were up... #foreignTrade #UkraineExport #UkraineForeignTrade #Ukrainetradedeficit
