Tag: European Union

• Thursday, November 29th 2018 - 09:23 UTC

  Trump favors imposing tariffs to protect US auto industry; EU ready to react with retaliation tariffs

  

  President Donald Trump on Wednesday indicated he favours imposing import tariffs to protect the US auto industry, which was rocked by this week's announcement of job cuts at General Motors. In two tweets, the president said that extending tariffs already in place for foreign-built small trucks to the car sector would help domestic manufacturers.

• Wednesday, November 28th 2018 - 08:45 UTC

  UK economic analysis in support of Brexit deal; Theresa May visits Scotland

  

  The British government is due to publish its economic analysis on the long-term effects of Brexit on the UK. Various scenarios will be set out by the Treasury - with the Daily Telegraph saying it will predict £150bn in lost output over 15 years under no deal, with Theresa May's plan costing £40bn.

• Tuesday, November 27th 2018 - 08:44 UTC

  Italy confirms its high spending budget to “end poverty” and defies EU rules

  

  Italy's government says it will stick to its high-spending budget plans, setting up a potential stand-off with the European Union over its deficit. PM Giuseppe Conte, who held talks with deputies Matteo Salvini and Luigi Di Maio on Monday, said the objectives for 2019 had already been fixed.

• Monday, November 26th 2018 - 07:15 UTC

  EU approves UK's withdrawal as “the best and only possible deal”; Parliament is to vote early December

  

  EU leaders have approved an agreement on the UK's withdrawal and future relations - insisting it is the “best and only deal possible”. After 20 months of negotiations, the 27 leaders gave the deal their blessing after less than an hour's discussion.

• Monday, November 26th 2018 - 06:44 UTC

  Potential losses from EU Brexit deal could reach £100bn a year worse off by 2030

  

  The government's Brexit deal would leave the UK £100bn a year worse off by 2030, analysis by the National Institute of Economic and Social Research (NIESR) has claimed. The study commissioned by the People's Vote, which wants a second referendum, said GDP would shrink by 3.9% annually.

• Thursday, November 22nd 2018 - 08:16 UTC

  Theresa May moves to Brussels to iron out withdrawal deal ahead of Sunday's EU summit

  

  Theresa May will return to Brussels for Brexit talks this weekend as the UK and EU strive to do a deal in time for Sunday's summit of European leaders. After a two-hour meeting with EU officials, the prime minister said progress was being made on the future shape of EU-UK relations.

• Tuesday, November 20th 2018 - 08:48 UTC

  Spanish comments on Brexit will inspire no confidence in Gibraltar

  

  The Government has noted the comments about Gibraltar made by the Foreign Minister of Spain this morning following a meeting of the General Affairs Council of the European Union.
  The Chief Minister has immediately been in touch with the Prime Minister’s office in Downing Street.

• Tuesday, November 20th 2018 - 08:39 UTC

  France and Denmark have second thoughts about economic sanctions on Iran, after foiled attacks

  

  European Union foreign ministers showed cautious support on Monday for possible new economic sanctions on Iran in a shift of policy after accusations of Iranian attack plots in France and Denmark, diplomats said.

• Monday, November 19th 2018 - 06:49 UTC

  “Critical week” admits PM May, but warns sacking her won't make delivering Brexit any easier

  

  Theresa May has told her critics that getting rid of her as PM would not make delivering Brexit any easier. Mrs May defended last week's draft agreement for leaving the EU and said there was a “critical” week ahead.

• Friday, November 16th 2018 - 08:39 UTC

  Gibraltar, and BOTs, part of UK-EU withdrawal agreement and transitional period

  

  The proposed Withdrawal Agreement published on Wednesday by the United Kingdom and European Union makes it clear that its terms, including the transitional period, will apply to Gibraltar. According to a release from the Gibraltar government “this was the number one priority of the Cabinet and of the Government and it has been achieved. It means that Gibraltar will not crash out of the European Union in March 2019 and that things will largely remain as they are until the end of 2020”.