Selected EU countries could potentially gain from Donald Trump's policies and the trade war, in which the main adversaries will be the US and China, according to the consulting firm Crido. They also suggested that investments in European energy should prioritize reducing energy costs.

U.S. duties could nudge the European Union toward protectionist measures and away from free trade.

The European Union and Mexico revived a stalled free trade agreement on Friday, days before the return to the White House of Donald Trump, who has threatened both sides with tariffs.

Mexico and the European Union are announcing a revamped agreement that they said would boost trade and investment, amid Trump's tariff threats.

The European Union and Mexico took action before President-elect Donald Trump—who has threatened both regions with steep tariffs on exports—takes office.

The European Union and Mexico have agreed to expand their free trade agreement. This change comes just a few days before Donald Trump is set to return to the White House in Washington. As Reuters has reported,