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.
European Commission President Ursula von der Leyen announced on Sunday that the EU will extend its pause on retaliatory measures against U.S. tariffs ...
Nigeria’s former president Muhammadu Buhari has died in London at the age of 82, a presidential spokesperson confirmed on Sunday....
The U.S. Federal Aviation Administration (FAA) and Boeing have told airlines that the fuel switch locks on Boeing aircraft are safe, despite new scrut...
NATO Secretary-General Mark Rutte is scheduled to visit Washington, D.C., on Monday, July 14, and Tuesday, July 15, where he will meet with U.S. Presi...
After ten days of tense talks in Paris, New Caledonia’s pro-independence and loyalist leaders have signed a political blueprint that could reshape t...
European Commission President Ursula von der Leyen announced on Sunday that the EU will extend its pause on retaliatory measures against U.S. tariffs until early August, in an effort to reach a negotiated trade agreement with the United States.
Nigeria’s former president Muhammadu Buhari has died in London at the age of 82, a presidential spokesperson confirmed on Sunday.
NATO Secretary-General Mark Rutte is scheduled to visit Washington, D.C., on Monday, July 14, and Tuesday, July 15, where he will meet with U.S. President Donald Trump, Secretary of State Marco Rubio, and Secretary of Defense Pete Hegseth, according to a NATO press release.
After ten days of tense talks in Paris, New Caledonia’s pro-independence and loyalist leaders have signed a political blueprint that could reshape their relationship with France.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
European Commission President Ursula von der Leyen announced on Sunday that the EU will extend its pause on retaliatory measures against U.S. tariffs until early August, in an effort to reach a negotiated trade agreement with the United States.
Nigeria’s former president Muhammadu Buhari has died in London at the age of 82, a presidential spokesperson confirmed on Sunday.
NATO Secretary-General Mark Rutte is scheduled to visit Washington, D.C., on Monday, July 14, and Tuesday, July 15, where he will meet with U.S. President Donald Trump, Secretary of State Marco Rubio, and Secretary of Defense Pete Hegseth, according to a NATO press release.
After ten days of tense talks in Paris, New Caledonia’s pro-independence and loyalist leaders have signed a political blueprint that could reshape their relationship with France.
The ancient city of Sardis and the Bin Tepe tumuli in western Türkiye have been added to UNESCO's World Heritage List, bringing the country’s total to 22 sites.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment