As trade tensions mount, U.S. President Donald Trump cast doubt on a potential deal with the European Union, despite Brussels signaling readiness to compromise.
U.S. President Donald Trump on Friday said there was only a "50-50 chance, maybe less" of reaching a trade agreement with the European Union, though he emphasized that Brussels was eager to make a deal.
Speaking to reporters before leaving the White House for a trip to Scotland, Trump said the EU was "working very diligently" and expressed cautious optimism: "I think the EU has a pretty good chance of making a deal right now."
The European Commission echoed a similar sentiment Thursday, stating that a negotiated solution with the U.S. was within reach. However, it also approved counter-tariffs on $109 billion worth of U.S. goods should talks fail. The EU hopes to avert the 30% import tariffs Trump has threatened to impose by 1 August.
Trump noted that the EU would need to “buy down” the proposed tariff rate but did not provide specifics.
While EU diplomats hinted at a possible framework involving a 15% baseline tariff on goods and a 50% tariff on European steel and aluminum, the White House downplayed such discussions as "speculation."
Unlike Japan, which committed to U.S. investments as part of its trade deal, the EU is not expected to make similar pledges.
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Russian Foreign Minister Sergey Lavrov arrived in Cairo on Thursday ahead of a two-day ministerial conference of the Russia-Africa Partnership Forum.
European Union leaders on Thursday denounced a wave of hybrid attacks against the bloc, attributing them to Russia and Belarus, and called for stronger measures to protect critical infrastructure and enhance resilience.
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Police in Australia have charged a man who allegedly opened fire on a Jewish event on Sydney's Bondi Beach with 59 offences, including 15 counts of murder and one of committing a terrorist act.
FIFA has introduced a new “more affordable” ticket category for the 2026 World Cup, priced at $60 (£45) for all 104 matches in the U.S., Canada, and Mexico, according to agencies.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
Brazilian President Luiz Inácio Lula da Silva has offered to mediate between the U.S. and Venezuela, warning that urgent diplomatic intervention is needed to prevent a “fratricidal war” in Latin America.
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Former Iraqi President Barham Ahmed Salih has been elected by the UN General Assembly as the next High Commissioner for Refugees, beginning a five-year term on 1 January 2026.
Ukrainian President Volodymyr Zelenskyy arrived in Poland on Thursday following a summit of the European Council in Brussels.
Russian Foreign Minister Sergey Lavrov arrived in Cairo on Thursday ahead of a two-day ministerial conference of the Russia-Africa Partnership Forum.
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