Exemption for higher defence spending will help Berlin avoid corrective measures, says bloc’s economy commissioner

President Donald Trump and EU chief Ursula von der Leyen meet Sunday in Scotland in a decisive push to resolve a months-long transatlantic trade stand

The European Commission said on Thursday a negotiated trade solution with the United States is within reach - while EU members voted to approve counter-tariffs on 93 billion euros ($109 billion) of U.

The EU says its negotiators are working "might and main" on a deal, but the decision rests with US President Trump.

LONDON (AP) — The European Medicines Agency has recommended authorizing a twice-yearly injectable drug aimed at preventing HIV, which scientists say could help end the virus' transmission.

The European Union could hit the United States with counter-tariffs on 93 billion euros ($109 billion) worth of U.S. goods if the two sides fail to reach a trade deal by Washington's August 1 deadline for imposing import levies.

This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.

Brussels and Budapest over the years have been at loggerheads on a range of issues, most recently that of Russia's invasion of Ukraine, but the situation has been made worse by the financial issue.Vie