
EU Cuts Duty-Free Steel Import Quota by Nearly Half to Protect Domestic Industry
The EU has cut its duty-free steel import quota by 47%, imposing a 50% tariff on excess imports to protect domestic producers amid global overcapacity concerns.

The EU has cut its duty-free steel import quota by 47%, imposing a 50% tariff on excess imports to protect domestic producers amid global overcapacity concerns.

Germany's Economy Minister urges Turkey to exclude Russian gas from future EU energy deals, highlighting geopolitical and business strategy shifts amid ongoing conflicts.

Brazil’s Supreme Court sentenced Eduardo Bolsonaro to over four years in prison for advocating U.S. sanctions against Brazil, highlighting political risks for businesses.

Armenia’s parliamentary elections show Prime Minister Pashinyan’s party leading amid tense geopolitical dynamics between EU integration and Russian ties.

Russia warns Armenia that its growing ties with the EU may lead to suspension of duty-free gas and petroleum imports, threatening critical energy cooperation agreements.

EU Foreign Affairs Chief Kaja Kallas warns that Russia, China, and the US pursue strategies to divide and weaken the European Union, urging member states to maintain unity.

Donald Trump reveals China’s renewed interest in buying U.S. oil and soybeans, hinting at shifting trade dynamics and potential influence on Iran amid recent talks with Xi Jinping.

US President Donald Trump and Chinese President Xi Jinping held a ceremonial meeting in Beijing to discuss Iran, Taiwan, and trade relations, signaling efforts to strengthen bilateral ties.

President Trump delays EU auto tariff increases until July 4, awaiting EU compliance with a major trade agreement that impacts automotive and industrial sectors.

Uzbekistan’s suspension of gold exports since September 2025 has led to a nearly 30% drop in exports, reshaping trade dynamics and impacting corporate strategies.

Lithuania and Latvia have once again denied Slovak PM Robert Fico overflight rights en route to Moscow for May 9 celebrations, illustrating EU divisions over Russia engagement.