#eu-trade-policy

#eu-trade-policy

The landmark law, known as the EUDR and adopted in 2023, had banned imports of products driving deforestation and was hailed by environmentalists. The law has faced opposition from major trading partners such as Brazil and the United States, who argue that businesses will suffer due to increased paperwork and higher costs. The proposed changes to the law still require the approval of member states and the European Parliament.

Donald Trump threatened to impose 17% tariffs on food and farm produce exports from Europe, impacting products like chocolate, butter, and olive oil.