Euro zone manufacturers are more worried about cheap imports from China than tariffs from the United States, a European Central Bank survey showed on Friday.

The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc and step up efforts to compete with the United States and China in new fields such as AI, and to lower energy costs and cut red tape.

The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a more business-friendly Brussels after five years of heavy focus on green goals.With US President Donald Trump promising tariffs and a gargantuan AI push,

The European Union (EU) has once again suspended its case against China at the World Trade Organization (WTO) over allegations of economic coercion against Lithuania, as per a recent filing on the WTO's website.

The European Commission will publish its Competitiveness Compass today in an attempt to secure the future EU economy. #RadioSchuman

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BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.”

French ministers are calling for the European Commission to immediately suspend standards for car emissions on the grounds that the regulation benefits Chinese manufacturers and Tesla Inc.

EU member states have been told to review transactions that have taken place since January 2021 in areas where these technologies have formed part of overseas investment. They must submit a progress report in July and a comprehensive risk assessment a year later.

Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.