Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
German Chancellor Friedrich Merz, French President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy, British Prime Minister Keir Starmer and Poland's Prime Minister Donald Tusk walk to the podium at the Presidential Palace in Kyiv, Ukraine, for a press conference after their meeting on May 10, 2025.
What We’re Watching: EU vs Ukraine, South Korea-US side deals
EU vs Ukraine?
Ukraine now finds itself on shakier ground with EU members. At a time when its wartime economy badly needs a boost, the bloc will impose higher tariffs on Ukraine’s exports, particularly farm products, on June 6 in response to pressure from member-state farmers. It’s a politically sensitive moment, particularly in Poland, which holds first-round elections on Sunday.
It’s a reminder that, while Russia’s invasion and uncertainty over Donald Trump’s NATO intentions have focused European minds on security, they’ve also stoked anxiety within the EU about which countries will shoulder more of the burden of defending Ukraine and European borders.
South Korea seeks US side deal as Asia-Pacific trade leaders meet
Trade envoys from the 21-member Asia-Pacific Economic Cooperation group – which includes the US, China, and Russia – are gathering in South Korea today and tomorrow amid a turbulent period in international trade.
Home-court advantage. With talks on home turf, South Korea has taken the opportunity to set up a bilateral meeting with the US. But Korea’s presidential election on June 3 – which Democratic Party nominee Lee Jae-myung is expected to win – could affect the chances of a deal.
“July 8 is the deadline that current negotiators have set,” says Eurasia Group regional expert Jeremy Chan. “The question is whether Lee will agree with this time frame.”