A senior German lawmaker voiced hope on Sunday that the EU and U.S. can reach a partial agreement and delay planned tariff hikes, as President Donald Trump threatens to raise duties on EU imports to 30% by August 1.
Juergen Hardt, deputy leader of Germany’s CDU/CSU parliamentary bloc, told Reuters the tariff standoff is entering a decisive phase. “I’m betting that at least a partial agreement and a further postponement will be reached before August 1,” he said, warning that steep tariffs would raise prices and inflation in the U.S.
Trump initially imposed a 20% duty on EU goods in April, later suspending it in favour of a 90-day negotiation period. That truce expires on August 1, after which tariffs on EU and Mexican goods could jump to 30%.
Hardt argued that the U.S. trade deficit is not caused by EU protectionism but is offset by America’s global dominance in services, especially IT. “Fewer imports mean the USA would have to work more and harder to maintain its prosperity,” he said, adding that it remains unclear if that is what Americans really want.
Data from the European Forest Fire Information System (EFFIS), part of the Copernicus European Environmental Monitoring Programme, shows that 411,315 ...
Venezuelan President Nicolás Maduro has ordered a reinforcement of the “Relámpago del Catatumbo” operation, extending it to Tachira state under ...
North Korea has criticised the joint military exercises between the US and South Korea, with state media reporting that the drills demonstrate Washing...
The Minister of Finance of Tajikistan, Faiziddin Kahhorzoda, and the Director General of the Qatar Development Fund, Fahad Hamad Al-Sulaiti, have sign...
On Monday, Russia claimed its forces had carried out extensive strikes on Ukrainian drone bases and other military targets over the past 24 hours, whi...
Data from the European Forest Fire Information System (EFFIS), part of the Copernicus European Environmental Monitoring Programme, shows that 411,315 hectares of forest and rural land have burned in Spain so far this year — roughly ten times more than the 42,615 hectares affected in 2024.
Venezuelan President Nicolás Maduro has ordered a reinforcement of the “Relámpago del Catatumbo” operation, extending it to Tachira state under Peace Zone One.
North Korea has criticised the joint military exercises between the US and South Korea, with state media reporting that the drills demonstrate Washington’s intent to “occupy” the Korean peninsula and target its regional adversaries.
The Minister of Finance of Tajikistan, Faiziddin Kahhorzoda, and the Director General of the Qatar Development Fund, Fahad Hamad Al-Sulaiti, have signed an agreement to provide a $50 million concessionary loan to support the construction of the Rogun Hydropower Plant.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
A major fire has broken out at Hamburg’s city port, leaving several people injured.
Data from the European Forest Fire Information System (EFFIS), part of the Copernicus European Environmental Monitoring Programme, shows that 411,315 hectares of forest and rural land have burned in Spain so far this year — roughly ten times more than the 42,615 hectares affected in 2024.
Venezuelan President Nicolás Maduro has ordered a reinforcement of the “Relámpago del Catatumbo” operation, extending it to Tachira state under Peace Zone One.
North Korea has criticised the joint military exercises between the US and South Korea, with state media reporting that the drills demonstrate Washington’s intent to “occupy” the Korean peninsula and target its regional adversaries.
On Monday, Russia claimed its forces had carried out extensive strikes on Ukrainian drone bases and other military targets over the past 24 hours, while Ukraine reported having destroyed a significant amount of Russian military hardware.
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