Insights and Stories on European Union

May. 22, 2025 at 10:32 am CDT

The European Parliament voted on Thursday to impose prohibitive tariffs on fertilizers and certain farm produce from Russia and its ally Belarus to prevent a potential threat to EU food security and limit Russian funds for its war against Ukraine.

By philip-blenkinsop, Reuters

Apr. 10, 2025 at 2:44 pm CDT

World production of rapeseed/canola for 2024/25 was trimmed by almost 0.53 per cent on April 10, when the United States Department of Agriculture released its World Agricultural Production report.

By Glen Hallick - MarketsFarm

Apr. 10, 2025 at 10:58 am CDT

The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.

By Andrea Shalal, Joe Cash, philip-blenkinsop, Reuters

Apr. 10, 2025 at 10:55 am CDT

European Union soft wheat is set to benefit from the escalating trade war between the United States and China, consultancy Strategie Grains said, as it raised its output estimates for all major EU cereals this year due to improved growing conditions.

By Reuters, Sybille De La Hamaide

Mar. 12, 2025 at 11:33 am CDT

U.S. President Donald Trump’s increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired.

By Geralyn Wichers