EU races to avert Trump’s 30% tariff threat with urgent U.S. talks
EU ministers pledged on Monday to accelerate trade negotiations with Washington as President Trump’s looming 30% tariffs threaten to upend transatla...
Iran has warned it will respond to any move by Western powers to reinstate United Nations sanctions over its nuclear programme, though it has not specified what form that response would take. The statement came from Foreign Ministry spokesperson Esmaeil Baghaei during a press conference on Monday.
Last week, a French diplomatic source told Reuters that European countries may be forced to trigger the “snapback mechanism”- a provision under the 2015 nuclear agreement if a new deal that safeguards European security is not reached. The mechanism allows U.N. sanctions to be reimposed on Iran in the event of serious non-compliance.
Baghaei rejected the threat as lacking legal and political legitimacy, warning that Tehran would respond appropriately and proportionally. He criticised the European parties to the agreement, the UK, France, and Germany, accusing them of serious violations of their Joint Comprehensive Plan of Action (JCPOA) obligations and arguing they have no moral or legal right to invoke the snapback provision.
The JCPOA was signed in 2015 by Iran, the U.S., UK, France, Germany, Russia, and China, and lifted sanctions in exchange for strict limits on Iran’s nuclear activities. Western governments have long accused Iran of seeking to develop nuclear weapons, a charge Tehran denies.
The United States withdrew from the JCPOA in 2018 during President Donald Trump’s first presidency, with Trump branding the deal “weak.”
Now in his second term, Trump has called on Iran to return to the negotiating table for a revised agreement, following a recent ceasefire that ended a 12-day air conflict between Iran and Israel.
When asked whether Iranian Foreign Minister Abbas Araqchi would meet with Trump’s Middle East envoy, Steve Witkoff, Baghaei said that no date or location for renewed talks had yet been determined.
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.
The Financial Stability Board (FSB), the G20’s financial regulator, has paused further climate policy work as the United States distances itself from key initiatives.
European Commission Vice President Teresa Ribera called on China and the EU to reaffirm their full commitment to the Paris Agreement during climate talks in Beijing.
China’s overseas shipments grew 5.8 % in June as manufacturers hurried to clear orders before a 12 August deadline that could see steep U.S. duties return, customs figures released on Monday show.
Oil prices hit a three-week high on Monday as rising Chinese imports and expectations of fresh U.S. sanctions on Russia buoyed market sentiment.
EU ministers pledged on Monday to accelerate trade negotiations with Washington as President Trump’s looming 30% tariffs threaten to upend transatlantic commerce.
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