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2026-09-17T08:49:47.000Z

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Saudi Arabia grants 268 new industrial licenses in May
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Trump warns of high tariffs on Europe

Trump warns of high tariffs on Europe

Washington accuses U.S. President Donald Trump of threatening to impose strict tariffs or halt trade with the European Union if the bloc proceeds with its proposal to grant Canada the status of "Partner Member" in the union. European Commission President Ursula von der Leyen suggested during a visit to Canada to elevate relations with Ottawa to the level of a strategic partnership, including its accession to the "European Security Council." Meanwhile, Trump emphasized that such a step is not directed against anyone but could lead to a trade escalation, adding that if Canada continues to seek to strengthen its relationship with Europe, tariffs could be imposed or trade could be halted with Europe. Canada and Europe aim to deepen cooperation in areas such as artificial intelligence, energy, and defense, while Europe seeks to bolster its relations with new partners amidst tensions with the United States and expand collaboration in strategic sectors like minerals and defense industries.

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