The EU demanded ‘explanations’ after Ukrainian President Volodymyr Zelenskyy signed a bill that weakens the independence of two anti-corruption agencies.

The European Union is heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be implemented from August 1,

As Chinese President Xi Jinping vowed to deepen ties with the European Union, the bloc's top official raised concerns over a growing trade imbalance, underscoring the strains beneath the diplomatic niceties. Chinese and EU leaders held a meeting Thursday as the 25th EU-China summit got underway.

The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.

New car sales in Europe fell more than 5% in June, the European Automobile Manufacturers Association (ACEA) said on Thursday, in a reflection of the global challenges faced by automakers.

Leaders of the European Union and Japan have launched an alliance aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face