Good morning. Last night when European Union leaders reacted to Donald Trump’s trade war, Ursula von Der Leyen swam the idea of ​​establishing a rival for the World Trade Organization: my colleagues explained his thinking. And our Budapest correspondent reported the plans to ban the pride march of the Hungarian capital yesterday on plans by the European Union politicians.

Have a great weekend.

Summit rap

As Donald Trump takes a debris ball for the international trade system, the European Union is proposing to establish his own controversy settlement body to recover the free commerce, Write Laura Dubois And Andy bounds,

Reference: European Union leaders met at Brussels yesterday to discuss how to respond to US President Donald Trump TariffWith a spectacular time frame on 9 July. But he also touched other measures to preserve the international trade system.

European Commission Chairman Von Der Leyen proposed that Brussels formed a team with 11 other global economies CPTPP’s To change an institute to change World trade organizationWho is struggling to include Global stress,

Von Der Leyen said, “Asian countries want a structured cooperation with the European Union, and the European Union wants the same.” “We can think about that as the beginning of re-designing the world trade organization. To show the world that free trade with a large number of countries is possible on a rule-based foundation.”

Von Der Leyen refused to reply to whether he would be invited to join the US.

German Chancellor Frederick Merz welcomed the proposal, and said that he had given a similar view with French President Emmanuel Macron and the UK Prime Minister Sir Kir Stmper.

“WTO no longer works”, said Merz. “Can we slowly establish anything with our business partners around the world that institutionally replace that we really imagine with the World Trade Organization, that is, a dispute settlement mechanisms such as a disposal disposal mechanisms through an institution, such as the WTO was considered?”

The US is blocking the binding dispute solution system of the World Trade Organization, although 29 members, including the European Union and China, have made a voluntary option.

During the meeting, the Commission also set the outline of a possible trade agreement sent by the US. Most European Union countries are in favor of Brussels Conversation on a quick dealBut if the US emphasizes 10 percent of the blanket tariff, then there are divisions on what to do.

“We are preparing for the possibility that no satisfactory compromise is within access,” Von Der Leyen said. “All options live on the table.”

European Union leaders also Agreed to roll Block ban on Russia in July, but its latest ban package is still hanging in balance. The Slovakia will block the package until it receives concessions from Brussels in his salvo against the final vestage of Russian gas, Prime Minister Robert Fico said.

Chart du magazine: Erdoanomics

Türkiye’s economic doldrums are Drought President Recep Taip Erdoan’s popular supportPlacing his plans to remain in power and their geopolitical aspirations for the country.

On march

Budapest mayor and dozens of European Union politicians will convince Hungary’s The annual LGBT+ Pride March Tomorrow’s ban of its capital, Write Marton danai,

Reference: Hungary passed a law earlier this year, enabling the police to ban public meetings, threatening the development of children. Officials used these powers to ban Gaurav March in Budapest, despite criticism that the law was being used to suppress speech and freedom of assembly.

Von Der Leyen on Wednesday called Prime Minister Victor Orban “to allow Budapest pride to move forward” without fear of any criminal or administrative sanctions “.

But the Orban, arriving at Brussels yesterday, stated that “the rights of the children left all other freedom” and called the Commission to avoid intervention in the law enforcement matters of the member states.

Budapest’s Mayor Gargali Curcsoni vowed to allow march, and see critics and colleagues the same now see if Orban will actually stop it.

Hungarian Justice Minister Bens Tuzson sent a letter to the embassies and the Commission on Wednesday, stating that “those who participate in an incident prohibited by the authorities, they violate a violation”.

Dozens of European Union MPs will participate in the march in the European Parliament, including heads of Liberal, Green and Socialist groups.

“Our presence in Budapest Pride is a task of resistance,” the head of the Liberal Renew Group, Valerie Hair said.

The European Union’s equality Commissioner Hadaja Lahbib will also be in Budapest and will meet Curcsony and Civil Society Group, although it is not clear whether she will participate in March or not. “In view of the liquidity of the situation, it will assess its presence on pride on the ground,” a spokesman said.

What to see today

1. German Chancellor Frederick Merz hosted his Austrian counterpart Christian stocker in Berlin.

2. Robert Metsola, Speaker of the European Parliament, meets Italian President Sergio Matarella in Rome.

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