European union

Why EU farmers would object to a South American trade deal

It was a weekend of mixed emotions for the European Union. There was the news from Donald Trump that he will impose a 10 percent tariff on eight European countries in retaliation for their opposition to his plans to take control of Greenland. But on a brighter note, the EU finally signed the Mercosur trade agreement with several South American countries. The European Commission hailed it as the creation of ‘a free-trade zone of roughly 700 million people’, one which they promise will save EU companies more than €4 billion a year in customs duties. Ursula von der Leyen, the Commission president, said: ‘We choose fair trade over tariffs, we

America’s free-speech war on the EU

If I were a bookie, I would be making odds now about when the European Union will finally unravel and die. Unless there is an imminent and drastic course correction, the blessed event cannot be far off.  I might need a Doomsday Clock akin to the one publicized by the Bulletin of the Atomic Scientists. Their clock hovers near midnight, which signifies nuclear Armageddon, the minute hand pushed closer or farther away from the blast depending on minatory world events. My clock would measure the EU’s proximity to implosion. Its recent decision to fine Elon Musk and his company X €120 million for “non-compliance with transparency obligations” has me nudging