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What are tarrifs, and how does the European Union use them?

Economic Policy

The past couple of months have shown an increase in the use of tarrifs? But what are tarrifs and how does the European Union use tarrifs in relation to the single market and the customs union?

Brussels was not hoping for a second Trump-term, but came prepared

Brussels was not hoping for a second Trump-term, but came prepared

Brussels may have hoped for a different outcome, but it was prepared for Donald Trump’s return to the U.S. presidency. Facing potential shifts in U.S. support for Ukraine, NATO dynamics, and trade, European leaders must now balance their reliance on America with a push for greater independence. Trump’s expected “America…

Brexit meant Brexit, but what can the new UK-government mean for the EU?

Brexit meant Brexit, but what can the new UK-government mean for the EU?

With Keir Starmer’s Labour government in power, UK-EU relations may see a cautious shift toward cooperation. While rejoining the EU is not on the table, Labour’s softer stance opens doors for closer ties in areas like security and trade. Starmer aims to balance Brexit’s legacy with a pragmatic approach to…

How is the European Parliament elected?
3 min read

How is the European Parliament elected?

The European Parliament is one of the legislative chambers of the European Union and the only one directly elected by the citizens of the union. The chamber has power over some of the decisions that are made in the European…

What is a tariff?
4 min read

What is a tariff?

Tariffs are taxes on imported goods, used by governments to protect domestic industries, raise revenue, ensure product safety, or influence foreign policy. While they can support local businesses and jobs, tariffs may also raise prices for consumers and risk trade…

What is the European Central Bank?
6 min read

What is the European Central Bank?

In the Eurozone, every member state has its own central bank, but there is also a common central bank called the European Central Bank (ECB) with its headquarters in Frankfurt, Germany. This is the institution responsible for the currency of…

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