Author: Press Room

EU holds back trade ‘bazooka’ as it seeks diplomatic solution with the US over Greenland

The European Union backed off from triggering a trade ‘bazooka’ in retaliation for US President Donald Trump’s tariff threats over Greeland during an urgent meeting in Brussels on Sunday, people familiar with the talks told Euronews. EU member states want to first prioritise dialogue and diplomacy with the US, and will in the meantime hold off from triggering any retaliatory measures, the sources said. The EU could however revive a €93-billion retaliation package targeting US products if Trump follows through on his threat to slap an additional 10% tariff on eight European countries — including Denmark, Germany and France —…

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What is the EU’s anti-coercion instrument, and how does it work?

Pressure is growing on European leaders to deploy its trade bazooka against the United States after President Donald Trump threatened fresh tariffs if Denmark does not agree to sell the territory of Greenland. In a scenario of coercion, the EU counts with a powerful tool in the anti-coertion instrument, and calls are intensifying for Brussels to trigger it. But how does it work? Euronews explains: What is the anti-coercion tool? Adopted in 2023, the tool was designed with the US and China in mind as the world’s two biggest economies become more assertive in pushing their national interests through tariffs…

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Pressure grows on the EU to deploy trade bazooka against Trump’s Greenland tariff threat

Calls are growing louder for the European Union to deploy its trade bazooka against the United States after President Trump said he would impose fresh tariffs on Denmark and its European allies until it agrees to sell Greenland in an unprecedented escalation. European leaders are coordinating their next move after the Trump administration threatened to slap a new 10% tariff on all products coming from eight European countries including Denmark, Germany and France, and suggested more retaliatory measures could follow until a deal is reached for the “complete and total purchase of Greenland.” Greenland is a semi-autonomous territory belonging to…

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Watch: What actually happens during the World Economic Forum in Davos?

Published on 18/01/2026 – 13:10 GMT+1 It is the ultimate VIP club. Expect 3,000 participants, including 60 heads of state. This year, US President Donald Trump has confirmed his return, joining leaders like Ukraine’s Volodymyr Zelenskyy and the EU’s Ursula von der Leyen. Among various topics, they will debate geopolitics, quantum economy, green growth and the future of AI. Our goal this year? To see how the world’s political and business elites set the global agenda in person. Last year, we wrote over 130 articles that attracted over quarter of a million page views, so we know you are interested…

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EU bets on Mercosur as geopolitics clash with eurosceptic backlash

Signed on Saturday with Argentina, Brazil, Paraguay and Uruguay, the EU-Mercosur deal is designed to bolster the EU’s geostrategic position. Yet it has already exposed deep political fault lines inside the bloc, with France emerging as the most vocal opponent. “We choose fair trade over tariffs, we chose a productive long-term partnership over isolation,” European Commission President Ursula von der Leyen said at the ceremony in Asuncion, Paraguay. She called the agreement, “25 years in the making”, an “achievement of a generation”, for “the benefit of generations to come”, in her message on X. That, however, goes against the wishes…

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EU vows coordinated response to Trump’s tariffs threat over Greenland sale

European leaders pledged a united response after US President Donald Trump threatened fresh tariffs until Denmark agrees to sell Greenland in an unprecedented escalation that could trigger a new trade war and break the transatlantic alliance. From Ursula von der Leyen to French President Emmanuel Macron and German Chancellor Friedrich Merz, EU leaders vowed to stay “united, coordinated and committed” to upholding Europe’s sovereignty after the Trump administration said additional tariffs of 10% would apply on eight European countries starting February 1. In a social media post on Saturday, Trump said all products from Denmark, Sweden, Norway, France, Germany, the…

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EU seals contentious trade deal with Mercosur countries

Published on 17/01/2026 – 17:58 GMT+1 •Updated 18:51 EU chief Ursula von der Leyen on Saturday hailed the choosing of “fair trade over tariffs” as the European bloc signed a major trade deal with South America’s Mercosur nations that has been 25 years in the making. “We choose fair trade over tariffs, we chose a productive long-term partnership over isolation,” Von der Leyen said at the ceremony in Asuncion, Paraguay. European Council head Antonio Costa said the deal sent “a message of defense of free trade, based on rules, of multilateralism and international law as the basis for relations between…

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Thousands take part in ‘Hands off Greenland’ protests in Denmark

By&nbspEuronews&nbspwith&nbspAFP Published on 17/01/2026 – 17:02 GMT+1 Thousands of people took to the streets of Denmark’s capital on Saturday to protest at US President Donald Trump’s push to take over Greenland. The protest followed Trump’s warning on Friday that he “may put a tariff” on countries that oppose his plans to take over mineral-rich Greenland, which is an autonomous territory of Denmark. They also coincided with a visit to Copenhagen by a bipartisan delegation from the US Congress that has made clear the opposition of many Americans to the Trump administration’s sabre-rattling. Waving the flags of Denmark and Greenland, the…

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Watch the video: Who will win Portugal’s presidential elections?

Published on 16/01/2026 – 9:29 GMT+1 Usually, Portuguese presidential elections are predictable. But not this time. Why? With rents soaring while wages stagnate, it pushes frustrated voters toward extremes. So, who is riding this wave of anger? First, The Veteran: António José Seguro. A former socialist leader pitching himself as the safe pair of hands who returns from political exile. Then, The Liberal: João Cotrim de Figueiredo. A pro-business MEP and a vice-president of Renew Europe, who promises to cut taxes and shake up the economy. Finally, The Showman: André Ventura. The far-right opposition leader, who is a former TV…

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European Commission urges heavy industry to back ‘Made in Europe’ manufacturing – leak

The European Commission is seeking support from heavy industry representatives, like the steel or aluminium sectors, to back a ‘Made in Europe’ component in upcoming legislation, a letter seen by Euronews shows. The aim is to revive a struggling industry in the face of competition from China and the United States. The call comes in the run-up to the EU executive’s announcement of the Industrial Accelerator Act (IAA). Its purpose is to boost the decarbonisation of energy-intensive industries while keeping European production competitive. A similar bill was adopted by the European Union in 2024 to prioritise the production of domestic…

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