Economy
US tariffs could have 'grave' consequences, warns Irish MEP
Controversial new US tariffs on European businesses could have “grave” consequences, according to a senior Irish MEP.
The warning from Barry Cowen, a Renew Europe group member, came after President Donald Trump announced a 25pc levy on vehicles not made in the US.
The move is seen as a serious blow to auto industry in the EU. It also mark a major new escalation in his global trade war.
Speaking to this website Cowen cautioned against any escalation, including on the economic front, in the currently tense relations between the US and EU.
This presented, he said, a “huge challenge” but it was important that a “strong transatlantic relationship” was maintained.
Share this article:
The South Caucasus at a historic turning point: Between lasting peace and renewed confrontation
The security environment of the South Caucasus amid changing geopolitical realities
As Ireland chairs the EU Presidency, what impact has over fifty years of EU membership had on Ireland
Commission endorses Latvia’s €617 million Social Climate Plan to support vulnerable households and transport users in the clean transition
Commission sends Statements of Objections to several companies and trade associations in suspected construction chemicals cartel
Why the US is losing its legitimacy as a global superpower and the trust of the comity of nations
Commission fines AliExpress €550 million for breaching the Digital Services Act
British political shifts and the future of UK-China ties
Europe’s AI crossroads: Regulation and the race to keep up
Freedom holding corp: How Kazakhstan is turning a transit corridor into a global logistics hub
Oil Coordination Group confirms no immediate supply concerns in the EU
EU adopts 21st package of sanctions against Russia
Why Vučić is stepping down
New EU energy rules: Cleaner, more secure energy and stronger consumer protection
France is right to ban social media for children
Belgium's best tourist attraction just got even better
Kazakhstan reforms under scrutiny at Brussels Press Club round table
Japan should face up to history and contribute more to regional peace
Ambassador calls for 'speeding up' of co-operation between EU and Kazakhstan
Timur Turlov at Smart Moves Summit 2025: How chess can transform global education
Shevtsova’s case: Out-of-court sanctions dismantling trust in Ukrainian cause
The future of European transport
Trump Vs Trueman
US 'no longer' an 'unconditional ally' for Europe - MEP
-
South Caucasus4 days agoThe South Caucasus at a historic turning point: Between lasting peace and renewed confrontation
-
South Caucasus5 days ago
The security environment of the South Caucasus amid changing geopolitical realities
-
EU Presidency4 days agoAs Ireland chairs the EU Presidency, what impact has over fifty years of EU membership had on Ireland
-
European Commission5 days agoCommission endorses Latvia’s €617 million Social Climate Plan to support vulnerable households and transport users in the clean transition