Europe

WTO Rules EU Can Impose Tariffs On $4B Of US Goods

The World Trade Organization (WTO) today officially authorized the European Union to impose $4 billion a year in customs duties on imports from the United States in retaliation for Washington’s subsidies to US aircraft manufacturer Boeing. However, according to Bloomberg, these duties are not expected to be introduced before the presidential election. The US has […]

EU Imposes 48% Tariff On Aluminum from China

The European Union will impose duties of up to 48% on imports of aluminum extrusions from China midway through an investigation into whether Chinese producers are selling at unfairly low prices. Czech aluminum producers and processors approve the European Union’s decision to impose a provisional duty of up to 48 percent on China’s aluminum products. […]

EU Imposes Tariffs On China, Indonesia, Taiwan Stainless Steel

The European Union will impose tariffs on imports of hot-rolled stainless steel coils and sheets from China, Indonesia, and Taiwan. The European Commission (EC) found in the investigation that they are sold at artificially low prices, according to its communication today. Anti-dumping duties enter into force on Thursday. After finding the EC, it determined that […]

EU Leaders Agree To Impose Sanctions On Belarus

The presidents and prime ministers of the European Union countries agreed after more than eight hours of negotiations, to adopt sanctions against representatives of the Belarusian regime and to take joint action against Turkey. According to the President of the European Council, Charles Michel. The agreement opens the way to a diplomatic solution to the […]

OKD Coal Mine
Poland To Close Coal Mines By 2049

The Polish government has agreed with unions to phase out coal mining in the country. According to the agreement, the last coal mines in Poland are to be closed in 2049. Until then, the government will subsidize coal mining. The deal will end an underground protest by about 200 miners, which began on Monday. The […]

EU To Appeal Apple Tax Ruling In Ireland

The European Commission has decided to appeal a court decision in July, overturning its order that Apple pay Ireland 13 billion euros in taxes. The European Commission concluded in 2016 that between 2003 and 2014, Apple had received unlawful aid in the form of a tax advantage from the Irish State and therefore ordered the […]

EU Warns Coronavirus Epidemic Worsening

The spike in COVID-19 cases in seven European countries, including the Czech Republic, is a matter of great concern, according to the European Centre for Disease Prevention and Control (ECDC). The number of seriously ill or hospitalized people in these countries is rising, and mortality is either growing or threatening to increase shortly. In addition […]