Transatlantic

• The European Parliament has officially passed a transatlantic trade deal with the United States after months of delays and political tension. • The approval follows a period of hesitation led by top trade lawmaker Bernd Lange, who demanded additional safeguards after President Donald Trump threatened to annex Greenland and impose a trade embargo on Spain. • This agreement is significant as it stabilizes trade relations between the EU and U.S. following a series of aggressive diplomatic threats from the Trump administration in January.

• Over 100 EU lawmakers, business experts, and policy specialists will gather in Co Galway, Ireland, for the EPP Group’s Summer University from June 10-12. • The summit will focus on critical issues including global security, the economy, competitiveness, and the state of transatlantic relations. • The event serves as a strategic platform for Fine Gael and Irish government representatives to align with the European Parliament's largest political grouping.

NATO alliance leaders have called on President Trump to lift the recent suspension of sanctions on Russian oil, citing risks to European security and energy markets following U.S. waivers for stranded cargoes. The plea comes as global gas prices rise, with EU officials pushing back against the U.S. policy shift. Transatlantic friction escalates as Trump prioritizes American consumers, potentially straining alliance unity ahead of summits. Energy experts predict prolonged market volatility if policies remain divergent.