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Illustration depicting Trump announcing 25% tariffs on EU cars amid trade dispute, with blocked vehicles at border and EU retaliation warnings.
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Trump announces 25% tariffs on EU cars and trucks; bloc warns of retaliation in trade deal dispute

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US President Donald Trump announced on May 1, 2026, via Truth Social, 25% tariffs on cars and trucks imported from the European Union effective next week, claiming the bloc breached last summer's trade deal. The EU insists it is complying, demands clarifications, and reserves all options for retaliation, as Germany's auto sector braces for heavy impact.

The European General Court has upheld Kutxabank's exclusive rights to the 'K' mark in financial services but allows Klarna to register it elsewhere. The Basque bank will now pursue the case in Spanish courts.

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The European Union removed Brazil from its list of countries compliant with sanitary rules on antibiotic use in livestock. The measure, effective from September, could cost the country nearly US$ 2 billion in annual meat sales.

Barcelona's Círculo de Economía announced its 41st annual forums, set for June 1-3 at Palau de Congressos de Catalunya, will center on 'Europe's strategic autonomy: myth or reality?'. President Teresa García-Milà and director general Miquel Nadal presented the program on Tuesday, emphasizing challenges in defense, technology, energy, and health to lessen reliance on the US, Russia, and China.

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Spanish Prime Minister Pedro Sánchez faced failures in his bid to break the EU-Israel Association Agreement and saw Pentagon frustration revealed over Spain's NATO stance. Diplomatic sources doubt his energy crisis proposals. Spain defends its role as a reliable ally, having increased defense spending.

Christophe Barthès, newly elected mayor of Carcassonne for Rassemblement national, removed the European Union flag from the town hall facade on Sunday, March 29. In a video posted on X, he folds the flag while writing: «Dehors les drapeaux européens à la mairie ! Place aux drapeaux français».

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President Claudia Sheinbaum and German President Frank-Walter Steinmeier confirmed that Mexico will sign the updated Global Agreement with the European Union in May during their meeting in Cancún, Quintana Roo. Both highlighted commercial opportunities and interest from German companies in investing in Mexico.

 

 

 

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