The European Union and the Mercosur bloc of South American countries have formally signed a long-sought landmark free trade agreement.

European Union ambassadors reached a broad agreement on Sunday to intensify efforts to dissuade US President Donald Trump from imposing tariffs on European allies, while also preparing retaliatory measures should the duties go ahead,

European Defense Commissioner Andrius Kubilius observed that the United States had one army, not 50—and was far stronger for it.

European leaders have warned transatlantic ties are at risk after President Donald Trump's announcement that eight countries, including France, will face tariffs of up to 25 percent if they continue to oppose the United States' bid to acquire Greenland.

European Union leaders meeting in Davos this week can be forgiven for fixating on the multiplying threats to the world order - such as U.S. President Donald Trump's bid to acquire Greenland - but they cannot afford to do so at the expense of their long overdue economic reform.

The European Union plans to phase out telecom gear from companies in "high risk" countries, targeting Chinese firms like Huawei and ZTE.

The heads of state of all 27 European Union nations will meet for an "extraordinary meeting" later this week, European council president Antonio Costa said on Sunday.

Spain opposes a push by some European Union countries to control migration by opening camps for asylum-seekers outside the bloc, calling instead to focus on curbing irregular migration at the source,