TheJakartaPost
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EU climate ministers struck a tentative deal on a 2040 climate change target in the early hours of Wednesday after watering down the goal in last-minute negotiations, a draft EU document showed, as they raced to clinch the deal before the UN COP30 summit in Brazil.
The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.
Trump’s sweeping tariffs have arguably spurred both regions into action, with governments quickly realizing the need to secure reliable and long-lasting trade partnerships amid rising protectionism and shifting alliances.
The government has lambasted the European Union’s decision to appeal a World Trade Organization (WTO) ruling supporting Indonesian biodiesel exports, arguing that the move went against the spirit of freshly elevated economic ties.
