Leaders from Europe's two largest economies have led a chorus of gloomy reactions to the trade deal struck between EU chief Ursula von der Leyen and US President Donald Trump.

German Chancellor Friedrich Merz said on Monday he was not satisfied with the result of trade talks with the United States, but "more simply wasn't achievable" and added the German economy would suffer "significant" damage due to the agreed tariffs.

Germany plans to more than double its defense outlays — including Ukraine aid — to as much as €162 billion ($189 billion) over the next four years as part of an investment push to rebuild its neglected military in response to mounting Russian aggression in Europe.

Whey product imports totaled 89.9 million pounds, down 26.6%, “Amidst a tense trade war with the U.S.,” says HGD. “Whey imports dropped to the lowest monthly volume on a 30-day adjusted basis since Feb. 2024 and the smallest June volume since 2019.”

Germany will immediately launch an airlift to deliver humanitarian aid into Gaza as it considers stepping up pressure on Israel over the "catastrophic" situation in the enclave, Chancellor Friedrich Merz said on Monday.

The EU-US trade deal prompted a backlash in Europe on Monday, with France’s Prime Minister François Bayrou saying that the bloc had “resigned itself into submission”.

Supporters of the Alternative for Germany say they might quit voting if the party is outlawed. Some opponents are against such a move, too.

BERLIN (Reuters) -Germany plans to cut energy costs for consumers and businesses by 42 billion euros ($48.69 billion) between 2026 and 2029 by drawing on its Climate and Transformation Fund, a draft of the 2026 federal budget obtained by Reuters showed.

Pier Silvio Berlusconi has raised his MediaForEurope offer for Germany's Prosieben in a preamble to a likely takeover in September.

Perri was in the stands as Leeds faced a far sterner challenge from the 2 Bundesliga outfit. Luis Engelns, Farke’s 18-year-old son, began in the heart of the home midfield. There was nothing over the line, but a couple of firm Ampadu challenges on the teenager caught the eye.

MFE-MediaForEurope (MFE)'s bid for ProSiebenSat.1 must not negatively impact Germany, a government spokesperson said on Monday.