U.S. President Donald Trump has promised to address a longstanding trade deficit with the European Union, saying he will reverse that by imposing tariffs or making the EU buy more U.S. oil and gas.

EU trade chief Maroš Šefčovič extended an olive branch to Washington on Wednesday, two days after the U.S. president was sworn in. He told POLITICO that Brussels was ready to talk with the new Washington administration — despite the repeated threats that Trump has made to hit the 27-nation bloc with tariffs.

Far-right lawmakers, whose influence has grown following June European elections, have rejected calls for the commission to firmly apply the Digital Services Act – the EU’s landmark rules tackling illegal and harmful activities online – which could place Musk at risk of copious fines.

Weak, distracted and unprepared? How prepared France, Germany and the rest of the continent really are for his return to power

European business chiefs warned Tuesday that the region risks falling behind its counterparts in the U.S. and Asia.

(Yicai) Jan. 22 -- Europe may not be fully prepared for the return of Donald Trump as President of the United States, according to Lorenzo Codogno, chief economist at his own consulting vehicle Lorenzo Codogno Macro Advisors and visiting professor in practice at the European Institute of the London School of Economics and Political Science.

European Commission President Ursula von der Leyen has talked big about the EU becoming a leader in AI innovation as part of a larger bid to help the region catch up with the U.S. and China. French President Emmanuel Macron is aiming for a similar pitch at a global AI summit he'll host next month.

The Republican President signed decrees that change the landscape in the US from the first day of his presidency

President Trump appears willing to shake up almost every policy area, and a behind-the-scenes E.U. task force has been trying to prepare. But is Europe ready?