World
EU-Ukraine trade reset: What comes after tariff-free access expires?
Since 2022, trade between the EU and Ukraine has been governed by a temporary framework known as Autonomous Trade Measures (ATMs). Introduced after Russia’s full-scale invasion, the ATMs eliminated all tariffs and quotas on Ukrainian agricultural exports to the EU.
This offered a critical lifeline access to European markets for Ukrainian producers, especially for agricultural commodities such as grains, maize, eggs, and poultry, sustaining the country’s wartime economy.
However, the ATM scheme is due to expire on Thursday, and it cannot be renewed, having already been extended once.
Despite efforts since late 2024, the European Commission has failed to secure a permanent or improved replacement, leaving both Ukrainian exporters and EU policymakers scrambling.
This delay has frustrated several EU member states, many of whom had expected the Commission to secure a sustainable agreement with Ukraine ahead of the expiration deadline.
The political timing didn’t help: the Commission faced considerable pressure to avoid inflaming domestic tensions, particularly in Poland, where farmers have protested against the influx of Ukrainian imports.
With Poland’s presidential elections now behind, Brussels hopes negotiations for a longer-term trade framework can finally move forward.
Tariffs are reinstated
What happens when the tariff-free scheme expires? The most immediate consequence is the reintroduction of tariffs on Ukrainian agricultural goods.
In practical terms, this resets trade conditions between Ukraine and the EU to the situation before Russia’s 2022 invasion, with tariff lines and quotas from the pre-ATM era reinstated.
According to Ukrainian officials, this could cost the country over €3 billion annually in lost export revenue.
Because the year is nearly half over, quota limits will be applied on a seven-twelfths basis for the remainder of 2025, proportionally reflecting the reduced time window.
The impact will be significant. In 2024, nearly 60% of Ukraine’s total exports went to the EU, up from just over 39% in 2021, before the ATMs came into force.
The free access to EU markets has been a pillar of Ukraine’s economic resilience during wartime, helping to stabilise currency flows and sustain public funding.
This will have consequences for Ukraine’s war effort too
The loss of preferential market access is not merely an economic inconvenience: it could have direct consequences for Ukraine’s ability to fund its war effort.
Vitalii Koval, Ukraine’s minister of agrarian policy and food, highlighted during a recent visit to Brussels that agriculture represents a much larger share of Ukraine’s economy than it does in the EU.
One in five Ukrainians works in the agricultural sector, and its performance directly influences national revenues.
Ukrainian MP Yevheniia Kravchuk warned that failure to secure even a partial solution could result in a 1% drop in GDP, further straining the country’s wartime finances.
“Ukrainian companies have shifted their markets toward the EU. If exports decrease, tax revenues drop, those same taxes that fund our military,” she told Euronews.
The reintroduction of tariffs is also expected to suppress producer prices, increase market uncertainty and discourage private investment, hampering both recovery and reconstruction efforts in the longer term.
A stopgap while a new deal is negotiated
To avoid a sudden rupture in trade flows, the European Commission has prepared transitional measures to apply after the expiration of the ATMs. These were quietly approved two weeks ago by EU ambassadors as a precautionary step, though full details have yet to be published.
A European Commission spokesperson described the transitional measures as a “bridge” to allow time for a more comprehensive review of the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA), which is the long-term trade agreement underpinning relations before the ATMs.
Crucially, the Commission has stated that future trade will be based on the DCFTA, not an extension of the emergency ATMs.
This marks a clear shift, disappointing Ukrainian hopes of maintaining the same level of market access they enjoyed under the tariff-free regime.
Negotiations toward a revised DCFTA began formally with a meeting in Brussels on Monday afternoon. While details remain scarce, a Commission spokesperson said more clarity is expected “in the coming days”.
Earlier that day, EU ambassadors met to reaffirm the importance of establishing long-term, predictable trade relations with Ukraine, while also ensuring protections for European farmers, a politically sensitive group in several member states.
“It is an extremely important decision to be taken,” said MP Kravchuk. “When I hear that, since the full-scale invasion, the EU has spent more on Russian gas and oil than on aid to Ukraine—and now we are talking about cutting economic access meaning that Ukraine’s economy in the times of war will be shrinking—then it’s a questionable position, rather than a partnership one.”
World
Iran-backed terror proxy Houthis threaten fresh attacks after Yemen airport strike
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The U.S.-designated terrorist Houthi movement that controls northern Yemen condemned Saudi Arabia for allegedly targeting the Sanna airport with airstrikes, sparking a possible new front with Iran’s terror-proxy.
While the Houthis agreed to a 2022 truce with the Saudi-led coalition that opposes its rule, the Houthis have frequently disrupted commercial shipping in the Red Sea since they joined Hamas following its invasion of Israel on Oct. 7, 2023. The latest flare up of military strikes could lead to a resumption of war between the Kingdom of Saudi Arabia and the Houthis.
Houthi military spokesperson Yahya Saree called the attacks “blatant aggression” and said they had ended a period of de-escalation. He said Saudi Arabia would bear the consequences and that the attack would not go unanswered. The Houthis threatened to strike King Khalid Airport in Riyadh in Saudi Arabia. Iran’s Press TV reported on its X account that, “Iran condemns Saudi attack on Sana’a airport as breach of law, Yemen sovereignty.”
US CLAWS BACK KEY CONCESSION TO IRAN AFTER FRESH ATTACKS ON COMMERCIAL SHIPS IN STRAIT OF HORMUZ
Smoke rises following an airstrike at Sanaa International Airport, in Sanaa, Yemen, July 13, 2026, in this screengrab taken from a video. (Al Masirah Handout via Reuters)
The official slogan of the Houthi movement (Ansar Allah) is: “God is great, Death to America, Death to Israel, Curse upon the Jews, Victory to Islam.”
Earlier on Monday, the government’s defense ministry said the runway at Sanaa International Airport had been targeted to prevent an Iranian plane from landing. An armed forces spokesman later said the aircraft had landed at Houthi-controlled Hodeidah airport.
Salman Al-Ansari, a prominent Saudi geopolitical analyst, told Fox News Digital, “The Iranian-backed Houthi militia is now in a desperate position, attempting to demonstrate its usefulness to its Iranian masters amid the ongoing U.S.-Iran war.”
Yemen’s Iran-backed armed Houthi group has warned they will move to shutter the Bab Al-Mandeb Strait through missile-drone attacks if Gulf nations join the US-Israel war on Iran. (Mohammed Hamoud/Getty Images)
He said, “This is an action taken by Yemen’s legitimate government in response to the violation of its airspace and sovereignty. It was not carried out by Saudi Arabia or the coalition. Yemeni forces struck the runway at Sana’a International Airport after the terrorist Houthi militia defied international law by allowing unauthorized Iranian flights into Yemen, despite measures intended to prevent the smuggling of weapons and explosives.”
According to Al-Ansari, “The Houthis know that these flights can land normally if they follow the agreed-upon route through a Jordanian airport, for inspection purposes. The Houthis are currently at one of their weakest points, particularly after Yemen’s legitimate government consolidated effective authority over 80% of the country’s territory. This is a marked departure from the past, when the legitimate government was fragmented between two rival camps.”
ISRAELI AMBASSADOR WARNS IRAN’S GRIP ON LEBANON IS A ‘WARNING SIGN’ FOR MIDDLE EAST PEACE
A Houthi rebel fighter fires in the air during a gathering aimed at mobilizing more fighters for their movement, in Sanaa, Yemen, Thursday, Aug. 1, 2019. The conflict in Yemen began with the 2014 takeover of Sanaa by the Houthis, who drove out the internationally-recognized government. Months later, in March 2015, a Saudi-led coalition launched its air campaign to prevent the rebels from overrunning the country’s south. (AP Photo/Hani Mohammed)
Saudi Arabia, the UAE, Israel, Lebanon and other Sunni Gulf countries have expressed concerns about the Iranian regime’s plan to establish a so-called “Shiite crescent” that stretches from Iran to Lebanon and includes such terrorist proxies as the Houthis and Hezbollah in Lebanon.
Al-Ansari noted that “By confronting the Houthis, Yemen’s legitimate government is not only defending its own sovereignty; it is helping safeguard the region and the wider world from Iran’s network of terrorist proxies.”
Nadwa Al-Dawsari, an expert on Yemen and an associate fellow at the Middle East Institute, told Fox News Digital that, “The Houthis’ warning that the strike on Sana’a airport ‘will not go unanswered’ should be taken seriously. But the significance of the incident extends well beyond the prospect of retaliation.”
She said, “The dispute was never really about civilian aviation or simply returning a Houthi delegation from Tehran. The Yemeni government had agreed to facilitate the delegation’s return aboard a Yemenia aircraft. The issue was the Iranian aircraft itself.”
Houthi terrorists walk over British and U.S. flags at a rally in support of Palestinians in the Gaza Strip, and the recent Houthi strikes on shipping in the Red Sea and Gulf of Aden on Feb. 4, 2024, on the outskirts of Sana’a, Yemen. (Mohammed Hamoud/Getty Images)
She added that “By proceeding with the Mahan Air flight despite Yemeni objections and ensuring that it reached Houthi-controlled Yemen anyway, Iran and the Houthis were sending a political message: Tehran intends to normalize direct and public ties with Houthi-controlled Yemen and is willing to challenge the restrictions that have governed access to the country since 2015.”
The U.S. government sanctioned Mahan Air for its role in supplying weapons and technology to terrorist groups such as Hezbollah.
Al-Dawsari said, “What we are increasingly seeing is a pattern in which Iran and its proxies create facts on the ground, betting that regional and international actors have little appetite for escalation and will eventually adjust to them. We have seen the same approach in the Strait of Hormuz.”
Pro-Iran protesters brandish billboards depicting the Iranian Supreme Leader Ali Hosseini Khamenei, flags of Yemen and Iran, weapons, and chant slogans as they take part in a rally held to condemn the US-Israel aerial attacks on Iran and killing the Iranian supreme leader and several military officials on March 1, 2026, in Sana’a, Yemen. (Mohammed Hamoud/Getty Images)
She said, “The episode also highlights the Houthis’ growing importance within Iran’s regional network. While other members of the Axis of Resistance have been weakened in recent years, the Houthis have emerged as Tehran’s most capable and strategically important partners, particularly in the Red Sea and the Horn of Africa.”
According to Reuters, the Saudi government’s communication office did not immediately respond to the accusations.
Muhammad Al-Farah, a member of the Houthi Political Bureau, wrote on Telegram, according to the Middle East Media Research Institute (MEMRI), that the alleged Saudi attack will lead to the Bab al-Mandab Strait joining the Strait of Hormuz with respect to disruption and possible closure. As a result, the price of a barrel of oil will rise to $200 and the attacks give the Houthis a reason to “strike back and liberate Yemen from occupation.”
President Donald Trump welcomes Saudi Arabia’s Crown Prince Mohammed bin Salman to the White House, Tuesday, Nov. 18, 2025, in Washington. (Mark Schiefelbein/AP)
A State Department spokesperson told Fox News Digital that, “We are aware of these reports and monitoring closely. The United States and Saudi Arabia share a strategic partnership that has only grown stronger under President Trump. The United States stands firmly with Saudi Arabia against Iranian aggression, including Iranian-supported Houthi attacks, and remains committed to the Kingdom’s security and regional stability.”
The spokesperson added, “We continue to actively enforce the Trump Administration’s designation of the Houthis as a Foreign Terrorist Organization and condemn Iran’s flagrant violation of Yemen’s sovereignty in support of their Houthi proxies.
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“The Administration’s National Security Strategy states that our core interests in the region include ensuring freedom of navigation in the Red Sea and preventing the export of terrorism. It is critical to continue efforts to counter the Iran-backed Houthis and other terrorist groups in Yemen who threaten these U.S. interests.”
Reuters contributed to this report.
World
Hungary’s parliament votes to oust president in latest anti-Orban move
Hungarian parliament passes amendment that would remove President Sulyok, appointed under ex-Prime Minister Viktor Orban.
Published On 14 Jul 2026
Hungary’s parliament has approved a constitutional amendment to remove President Tamas Sulyok from his largely ceremonial position, the latest move to dismantle the power of figures associated with former Prime Minister Viktor Orban.
The measure, passed on Monday with 139 votes in favour and only six opposing, would immediately bring an end to Sulyok’s term in office and pave the way for parliament to elect a new president.
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Hungarians voted out the right-wing nationalist Orban in April, with new Prime Minister Peter Magyar’s Tisza Party winning in a landslide. The election result ended 16 years of power for Orban’s Fidesz party, which had come to dominate many aspects of the country.
Since Magyar’s victory, he has sought to erode that power, including by removing the current president. The constitutional amendment also introduces a series of judicial reforms, creates a body to investigate alleged financial abuses under the previous government, and imposes a 12-year term limit on lawmakers.
Sulyok now has five days to sign the constitutional amendment passed by parliament. Magyar has said that parliament will launch an impeachment procedure against Sulyok if he does not sign it.
The president and other members of Fidesz boycotted Monday’s parliamentary session.
Sweeping away the old order
The parliament elected Sulyok, a former chief of the Constitutional Court of Hungary, in February 2024. He was nominated to replace Katalin Novak, who resigned after pardoning a man convicted of covering up child sexual abuse.
But days after Magyar’s centre-right Tisza Party won a two-thirds parliamentary super-majority in April, the new prime minister declared Sulyok “unworthy to embody the unity of the Hungarian nation” and demanded that he leave office once the new government was formed.
In June, after the deadline to resign had passed, Magyar branded the president a “puppet” of Orban and promised to strip him and other holdovers from office by constitutional means. Weeks later, he unveiled a reform programme, dubbed “Operation Cleansing Fire”, which seeks to install a new constitution, purge state institutions and establish an anticorruption office.
While the presidency is a largely symbolic post, it is empowered to approve laws and can refer them to the Constitutional Court for review, raising fears that Sulyok might use his presidential powers to stymie Tisza’s ambitious reform agenda.
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