FT News Briefing BCG tries to limit Gaza work fallout
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Jul 9, 2025 A potential trade deal between the EU and the US is in the works, but it may result in higher tariffs than those imposed on the UK. The Boston Consulting Group faces significant backlash over its controversial Gaza project, with the CEO admitting the reputational fallout has been damaging. Meanwhile, Ursula von der Leyen confidently defends against a no-confidence vote while navigating the political challenges within the EU. Lawmakers express frustration over transparency in vaccine deal negotiations, highlighting ongoing tensions in European politics.
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EU-US Trade Deal Disparity
- The EU is close to a trade deal with the US but expects less favorable terms than the UK received.
- This reveals surprising disparities given the lengthy EU negotiations.
Von der Leyen's No-Confidence Context
- The no-confidence vote against Ursula von der Leyen centers on vaccine deal message secrecy and governance style.
- Although unlikely to pass, it highlights political fractures and evolving EU parliamentary dynamics.
EU Political Landscape Shift
- The rise of far-right parties complicates EU consensus on key policies like supporting Ukraine and climate change.
- Shifting alliances require new coalitions, making traditional policy enforcement more challenging.