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Turnberry trade agreement

Coverage of Turnberry trade agreement in the Nexus archive.

Earliest in view: Jul 22 · 14:52 UTCMost recent: Jul 28 · 15:08 UTC
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Recent coverage
  • POLITICSJul 28 · 15:08 UTCPOLITICO EUROPE
    Germany’s Merz says EU budget needs cut of ‘several hundred billion’ euros

    German Chancellor Friedrich Merz criticized the European Commission’s €2 trillion EU budget proposal as 'unacceptable' and demanded cuts of 'several hundred billion' euros. He also opposed plans to add 2,500 new EU jobs, while Ireland faces pressure to balance Germany’s austerity demands with support from countries like Italy and Spain for a larger budget.

  • BUSINESSJul 22 · 14:52 UTCPOLITICO EUROPE
    EU sieht sich von Trumps neuen Generika-Zöllen nicht betroffen

    The European Commission states that EU generic drugs are likely excluded from Trump's proposed 100% tariffs due to the 2025 Turnberry trade agreement, which mandates a 0% duty via the Most-Favored-Nation (MFN) clause. Trump's plan to impose tariffs on generics from 2028 aims to revive U.S. pharmaceutical production, but EU officials emphasize the agreement protects EU exports. The EU warns of potential retaliatory measures if the U.S. violates the accord.