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MercoPress, en Español

Montevideo, May 17th 2025 - 01:05 UTC

Tag: European Union

  • Thursday, April 24th 2025 - 07:13 UTC

    EC heavy fines on Apple and Meta for breach of Digital Market obligations

    Apple was found to have breached its “anti-steering” obligation under the DMA, while Meta was considered not to have given consumers the choice of a service that uses less of their personal data

    US tech giants Apple and Meta were fined €500 million ($572 million) and €200 million respectively. by the European Commission for breach of the EU's Digital Markets Act (DMA) obligations

  • Thursday, March 13th 2025 - 17:57 UTC

    Trump threatens to impose 200% tariffs on all EU alcoholic products

    Trump claimed that tariffs on European products “will be great for the wine and champagne businesses in the US”

    US President Donald Trump threatened Thursday to impose a 200% tariff on all European Union (EU) alcoholic products, including wines, champagnes, and other beverages, in response to the reinstatement of a 50% tariff on American whiskey. The EU's tariffs, announced by the European Commission on Wednesday, are set to begin on April 1 and fully take effect by April 13, targeting US$ 19.6 billion in US imports. This move retaliates against Trump's recent 25% tariffs on steel and aluminum imports starting Thursday. The EU tariffs also revive previous measures from 2018 and 2020, impacting US$ 8.7 billion in US goods, focusing on products from Republican-led states like soybeans, beef, and poultry.

  • Saturday, December 7th 2024 - 10:59 UTC

    FTA to represent 5.1% increase in Brazil's commerce with EU

    The results will be seen by 2044, it was explained

    A Brazilian expert foresees that the Free Trade Agreement (FTA) between the Southern Common Market (Mercosur) and the European Union (EU) will represent a 5.1% increase in commerce with the bloc that is already South America's largest country's second-largest partner, behind China, Agencia Brasil reported. These projections would mean a 0.34% rise in the Gross Domestic Product (GDP), the sum of goods and services produced in the country.

  • Friday, December 6th 2024 - 10:00 UTC

    Relief in Brazil, EU negotiators agree to delay anti-deforestation bill until end of 2025

    The “informal agreement” reached by the Parliament, Commission, and Council is scheduled to be voted during the Parliament’s next plenary session, December 16–19

    The implementation of the European Union Deforestation Regulation bill has been postponed until the end of 2025, following a provisional political agreement this week, between the European Parliament and the European Council.

  • Thursday, December 5th 2024 - 10:55 UTC

    Mercosur-EU deal at stake at Montevideo Summit starting Thursday

    Von der Leyen's presence is interpreted as a will on the part of most EU members to conclude the FTA

    The Southern Common Market (Mercosur) hopes to clinch the Free Trade Agreement (FTA) with the European Union (EU) during the two-day regional bloc's Summit starting Thursday in Montevideo with European Commission President Ursula von der Leyen as the main guest.

  • Friday, November 29th 2024 - 10:57 UTC

    France's Parliament gives thumbs down to EU-Mercosur FTA

    France's Senate joined the Lower House in an unusual display of consensus in an otherwise politically divided country

    France's Parliament was unusually united this week in rejecting the Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), thus yielding to protests from local farmers who fear unfair competition. The Senate gave its thumbs down Thursday, just one day after the Lower House did the same by 484 votes against 70.

  • Tuesday, November 26th 2024 - 09:47 UTC

    Brazilian House Speaker says reciprocity coming up for Carrefour

    “We are very bothered by European protectionism,” Lira said

    Brazil's Lower House Speaker Arthur Lira spoke Monday against Europe's protectionism, particularly that of France, and announced that a bill would be voted on this week providing for “economic reciprocity.” If approved, the Brazilian government would be prevented from signing any international agreements with clauses restricting the import of Brazilian products unless the signatory countries adopt equivalent environmental protection measures.

  • Friday, November 15th 2024 - 10:55 UTC

    France wants Mercosur-EU deal not signed

    France will do its utmost to prevent such an agreement from being signed, Armand was quoted as saying

    France will not be signing a Free Trade Agreement (FTA) between the European Union and the Southern Common Market (Mercosur), the Russian news service Sputnik reported Thursday. In fact, Paris will do its utmost to block it.

  • Sunday, November 10th 2024 - 15:23 UTC

    France lobbying among EU partners to veto trade agreement with Mercosur

    Minister Annie Genevard admitted Paris is trying to convince “a maximum number of countries”, to set up a veto system to impede the trade agreement EU/Mercosur

    French Agriculture minister, Annie Genevard has declared to her country’s media that Paris is trying to convince “maximum number of countries”, such as Belgium, Bulgaria, Austria, Ireland and “even maybe Italy” to set up a veto system to impede the signing of a trade agreement between the European Union and Mercosur, the South American trade group.

  • Thursday, October 10th 2024 - 10:03 UTC

    Italian Deputy PM pledges to help pull through EU-Mercosur FTA

    “Italy and Brazil will cooperate in every way because it is in the interest of our people,” Tajani said

    Italy's Deputy Prime Minister and top diplomat Antonio Tajani told a group of Brazilian businesspeople in Sao Paulo Wednesday that his country was facing “a great opportunity” to strengthen its economic and commercial presence in Latin America, particularly through the EU-Mercosur free trade agreement that is still pending ratification.

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