Trump and EU to discuss trade
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President Donald Trump is meeting Sunday with European Commission chief Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade as both sides seek an agreement on tariff rates with the White House's deadline to impose stiff import taxes looming this week.
The South China Morning Post reported on Sunday that "Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning on Monday." Also on Sunday,
Exemption for higher defence spending will help Berlin avoid corrective measures, says bloc’s economy commissioner
This week's U.S. trade agreement with Japan could provide a framework for a pact with the European Union, experts say.
The European Commission will probably not impose a so-called excessive deficit procedure on Germany for breaching the EU's budget deficit cap this year, Economic Commissioner Valdis Dombrovskis told the Financial Times.
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GT: At the summit, leaders of China and the EU issued a joint statement on climate change, showcasing the leading role of these two major economies in fulfilling international responsibilities. What other areas of cooperation would you promote between China and the EU?
The European Medicines Agency has recommended authorizing a twice-yearly injectable drug to prevent HIV. Scientists say this could help end the virus' transmission.
Leaders from China and the European Union are now meeting at a summit in Beijing to mark 50 years of historic ties. Expectations were low after weeks of escalating tension and wrangling over its format, with the duration abruptly halved to a single day at Beijing's request.