The "One Big Beautiful Bill" (OBBB) expands funding for Immigration and Customs Enforcement ( ICE) while slashing key social safety net programs, including Medicaid and food assistance. The legislation is widely seen by the GOP as President Donald Trump 's flagship domestic policy achievement, cementing his policy agenda.

European corporate giants, including German carmaker Mercedes Benz and French luxury group LVMH, are leading a rearguard action to blunt the bloc’s response to US President Donald Trump’s proposed sanctions.

The U.S. and the European Union have not yet struck a trade deal with just days to go before Trump's tariff reprieve is set to end.

Chinese Foreign Minister Wang Yi told the European Union’s top diplomat that Beijing can’t accept Russia losing its war against Ukraine as this could allow the United States to turn its full attention to China,

Chinese Foreign Minister Wang Yi has stated that Beijing cannot allow Russia to be defeated in the war against Ukraine during four hours of talks with Kaja Kallas, High Representative of the European Union for Foreign Affairs and Security Policy.

Beijing fears Moscow 's potential defeat would allow Washington to turn its full attention to Asia , sparking fresh tensions ahead of the EU-China summit.