The Netherlands has agreed to join Pax Silica, a U.S.-led initiative aimed at strengthening and coordinating artificial intelligence supply chains among allied nations. The move marks a significant boost for Washington’s technology diplomacy efforts, even as the two countries continue to disagree over certain chip equipment exports to China. The announcement comes as Dutch
The European Union is preparing to introduce stricter “Made in EU” requirements for automakers as part of a proposed Industrial Accelerator Act aimed at reviving domestic manufacturing. Under draft rules, electric vehicles would need at least 70% of their parts’ value — excluding the battery — produced within the bloc to qualify for subsidies, alongside […]
Switzerland’s leading industry body Swissmem has criticised the latest tariff move by Donald Trump, saying it adds to global uncertainty and dampens investment activity. Over the weekend, Trump raised a temporary U.S. import tariff to 15% from 10%, a decision Swissmem said is exacerbating market chaos and creating fresh challenges for exporters. Switzerland had already
U.S. President Donald Trump said he met with Novartis CEO Vas Narasimhan at the White House, where the pharmaceutical executive outlined plans to expand the company’s footprint in the United States. Speaking to workers at a steel plant in Rome, Georgia, Trump said Narasimhan informed him that Novartis is building 11 manufacturing plants in the […]
The head of the Trades Union Congress (TUC), Paul Nowak, has urged Prime Minister Sir Keir Starmer to keep the option of an EU customs union open as part of efforts to revive the UK economy. Speaking to the BBC, Nowak said the UK needs the “closest possible economic and political relationship” with the European […]
Huawei is reassessing the future of its newly completed manufacturing plant in eastern France as slow 5G deployment and growing restrictions on Chinese telecom equipment reshape its European plans. The €200 million facility near Strasbourg, finished in September, remains unused, with officials and executives suggesting the company is undecided about proceeding. The plant
One of Ukraine’s steadfast supporters, Poland, has declared that it will cease its weapon supplies to its neighboring country, Ukraine, citing a diplomatic dispute regarding Ukraine’s grain exports as the primary reason. Prime Minister Mateusz Morawiecki emphasized that Poland’s current focus is on bolstering its own defense capabilities with more modern






