The European Commission is targeting 72 billion euros ($84.1 billion) worth of U.S. goods - from Boeing aircraft and bourbon whiskey to cars - for possible tariffs if trade talks with Washington fail.

President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1.

Brussels is to unveil a new way to allocate more than €750bn of EU farming and development funds, shifting the common budget to favour newer member states and those bordering Russia, according to a leaked proposal.

The European Council said in a statement on Tuesday it had imposed sanctions on eight people and one entity from Iran over "serious human rights violations" and "transnational repression".

LONDON (Reuters) -U.S. President Donald Trump said he believed Britain would fight to defend the United States but suggested he could not say the same for the European Union, a factor in his decision not to sign a trade deal with the bloc.

The European Union is piloting a blueprint for age verification apps in Denmark, Greece, Spain, France, and Italy that aims to make it easier for online platforms to comply with rules that require them to protect minors.

The European Commission can order Italy to withdraw the conditions it has set to clear UniCredit's bid for Banco BPM , the text of a letter sent to the Rome government showed on Tuesday.