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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Russia is willing in principle to resume peace talks with Ukraine and the United States in November, Kremlin aide Yuri Ushakov said after President Vladimir Putin met U.S. special envoy Steve Witkoff in St Petersburg.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Yemen's Houthis have denied targeting the holy city of Medina on Wednesday adding that they have not conducted any military operations towards Saudi Arabia either, denying earlier comments from the Saudi-led coalition in Yemen.
Georgia’s Constitutional Court in Batumi will on Wednesday hear a lawsuit seeking to ban five Georgian opposition parties, four of which collectively gained 784,820 votes (37.79 per cent) in the country’s last national elections in 2024.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Nigeria's first Ebola case in more than a decade may be linked to travel in Uganda, Swiss authorities said on Thursday, although the source of infection remains unclear. Uganda maintains it has no cases of the disease.
Super typhoon Champi is set to batter Japan’s Okinawa Prefecture from Friday (23 October), bringing violent winds, torrential rain and waves up to 11 metres high, as airlines cancel flights and organisers scrap a major festival.
Two women from Austria and Switzerland have been freed after lengthy periods in captivity in Niger, following extensive diplomatic efforts to secure their release amid growing concerns over kidnappings in the Sahel region.
France has reported its first known human case of Shamonda virus following the death of an infected patient, authorities said on Thursday (22 October). The virus, typically found in livestock, is believed to have been transmitted by a biting midge.
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