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.
Iran has signed a secret €500 million arms deal with Russia to rebuild air defences, weakened during last year’s war with Israel, the Financial Ti...
European Union foreign policy chief Kaja Kallas has said the bloc is unlikely to reach agreement on a new package of sanctions against Russia at Monda...
The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” followin...
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following ear...
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures...
Iran has signed a secret €500 million arms deal with Russia to rebuild air defences, weakened during last year’s war with Israel, the Financial Times has reported. The agreement, signed in December in Moscow, will see Russia deliver 500 Verba launch units and 2,500 9M336 missiles over three years.
European Union foreign policy chief Kaja Kallas has said the bloc is unlikely to reach agreement on a new package of sanctions against Russia at Monday’s meeting of EU foreign ministers, as continued Hungarian opposition keeps consensus out of reach.
The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” following President Donald Trump’s new 15% tariffs and a U.S. Supreme Court ruling invalidating his previous global tariff programme.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
President Donald Trump said on Saturday (21 February) that he will raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum allowed under the law, after the Supreme Court struck down his previous tariff program.
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
Iran announced on Saturday (21 February) that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
European Union foreign policy chief Kaja Kallas has said the bloc is unlikely to reach agreement on a new package of sanctions against Russia at Monday’s meeting of EU foreign ministers, as continued Hungarian opposition keeps consensus out of reach.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures" on its trading partners, the Chinese commerce ministry said in a statement on Monday (23 February).
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of February, covering the latest developments you need to know.
A “Victory will be ours” banner was hung on the Russian Embassy in Seoul, ahead of the fourth anniversary of Russia’s full-scale invasion of Ukraine. It remains on display despite a request from the South Korean Foreign Ministry on Sunday (22 February) for its removal, sparking widespread criticism.
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