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EU agrees to start trade talks with UAE after Trump tariff war

  • The EU is ready to impose levies on US digital companies if negotiations with the US fail, said EU President Ursula von der Leyen.
  • The EU and UAE agreed to start talks on a free trade agreement, focusing on goods, services, and sectors like renewable energy, aimed at promoting economic growth.
  • The UAE’s President stated the agreement aims to deepen bilateral relations, targeting reduced tariffs and improved market access for several sectors.
  • The EU is the second-largest trading partner of the UAE, accounting for 8.3% of its non-oil trade.
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Portfolio.hu broke the news in on Thursday, April 10, 2025.
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