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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Peru’s electoral authority has declared right-wing candidate Keiko Fujimori the winner of the country’s presidential election, weeks after a closely contested run-off vote against left-wing rival Roberto Sanchez.
Singapore has reported a data exposure affecting 70,000 people after unauthorised access to a dataset in an IBM-managed cloud environment, according to the Singapore Land Authority (SLA). The authority said operational systems and property records remain secure.
Another human rights catastrophe is unfolding around the besieged Sudanese city of al-Obeid, the United Nations human rights chief warned on Friday, raising alarm over mounting atrocities and the risk of a worsening humanitarian disaster.
International politicians and religious leaders have paid respects to Iran's late Supreme Leader Ali Khamenei throughout the day, ahead of his six day funeral ceremony which begins on Saturday. His casket is currently on display at the Iman Khomeini Grand Mosalla in Tehran.
India is investigating a data breach at Tata Electronics that exposed sensitive documents linked to Apple's unreleased iPhone 18 Pro, marking the government's first public comments on the incident.
Iran and the U.S. have concluded indirect talks in Doha without a major breakthrough, with discussions focused on maritime traffic in the Strait of Hormuz and frozen Iranian funds. Both sides are expected to meet again after the funeral of Ayatollah Ali Khamenei.
International politicians and religious leaders have paid respects to Iran's late Supreme Leader Ali Khamenei throughout the day, ahead of his six day funeral ceremony which begins on Saturday. His casket is currently on display at the Iman Khomeini Grand Mosalla in Tehran.
Eight Buddhist monks were killed and more than 20 others injured after an 11-year-old boy driving his parents' pickup truck ploughed into a religious procession in north-eastern Thailand, police said.
The World Meteorological Organization (WMO) has raised its forecast for the rapid emergence of a strong El Niño, warning the climate pattern is likely to drive higher global temperatures and intensify extreme weather in the months ahead.
Peru’s electoral authority has declared right-wing candidate Keiko Fujimori the winner of the country’s presidential election, weeks after a closely contested run-off vote against left-wing rival Roberto Sanchez.
Singapore has reported a data exposure affecting 70,000 people after unauthorised access to a dataset in an IBM-managed cloud environment, according to the Singapore Land Authority (SLA). The authority said operational systems and property records remain secure.
Another human rights catastrophe is unfolding around the besieged Sudanese city of al-Obeid, the United Nations human rights chief warned on Friday, raising alarm over mounting atrocities and the risk of a worsening humanitarian disaster.
Germany has requested urgent talks with China's ambassador following reports that Chinese authorities trained Russian soldiers, adding fresh strain to relations between Beijing and Europe amid the war in Ukraine.
A “vanishingly rare” copy of the Declaration of Independence has been discovered in London, found in British archives holding records linked to the capture of an American privateer vessel in 1776.
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