Latest news with #EUimports


The Independent
2 days ago
- Business
- The Independent
Brexit border checks on fruit and vegetable imports from EU scrapped
The UK government will scrap planned border checks on Fruit and Vegetable imports from the EU, preventing the measures from taking effect on July 1. The decision, attributed to what the government calls Sir Keir Starmer's Brexit reset deal, is expected to save businesses approximately £200 million in additional supply chain costs. The new SPS (sanitary and phytosanitary) deal with the EU will eliminate routine border checks for food exports and imports on certain products. Impending checks on 'medium-risk' Fruit and vegetables, such as tomatoes, grapes, plums, cherries, peaches and peppers, will now not be introduced. Biosecurity minister Baroness Hayman said the Government's EU deal will make food cheaper, slash bureaucracy and remove cumbersome border controls for businesses.

RNZ News
28-05-2025
- Business
- RNZ News
Economist Justin Wolfers breaks down US tariffs
US President Donald Trump says he has agreed to delay a 50 percent tariff on European Union imports until July 9. Professor Justin Wolfers teaches Economics and Public Policy at the University of Michigan. He translates the latest fiscal drama for Nathan. Tags: To embed this content on your own webpage, cut and paste the following: See terms of use.


BBC News
27-05-2025
- Business
- BBC News
Business Matters Optimism over US-EU trade talks
The United States President, Donald Trump, has agreed to drop his threat to impose 50% tariffs on European Union imports and extend a deadline to negotiate tariffs with the EU by more than a month. In Argentina, the government has announced that its easing currency reporting rules to deal with dollars kept under mattresses. The Argentine government aims to unleash some $271 billion stashed away in mattresses, safes and foreign bank accounts. And Rahul Tandon will look at how Disney's live-action Lilo and Stitch remake beat Tom Cruise at the US box office. Lilo and Stitch, which revisits the 2002 animated family favourite, exceeded expectations with takings of $341m (£252m) around the world. Throughout the programme, we will be joined by two guests on opposite sides of the world: Sushma Ramachandran, an independent journalist and columnist with the Tribune newspaper in India, and Fermin Koop, a reporter on environmental and climate change in Argentina.

News.com.au
26-05-2025
- Business
- News.com.au
Markets ‘celebrate' after Donald Trump delayed 50 per cent EU tariffs
There's been a 'celebration' from investors globally following 'something of a reprieve' on the tariff front, according to CommSec's Tom Piotrowski. 'The US administration has delayed the imposition of tariffs on EU imports by a month,' he told Sky News Australia. 'That's been celebrated in Europe in particular – you saw the German market rally by 1.7 per cent.'


BBC News
26-05-2025
- Business
- BBC News
World Business Report Optimism over US-EU trade talks
The United States President, Donald Trump, has agreed to drop his threat to impose 50% tariffs on European Union imports and extend a deadline to negotiate tariffs with the EU by more than a month. They're often in the headlines. We take an in-depth look at critical minerals, where they're found and why they matter. And Rahul Tandon will look at hw Disney's live-action Lilo and Stitch remake beat Tom Cruise at the US box office. Lilo and Stitch, which revisits the 2002 animated family favourite, exceeded expectations with takings of $341m (£252m) around the world.