U.S. President Trump and European Union’s von der Leyen moved closer to a trade deal Sunday that may impose a 15% tariff on most EU goods, averting steeper U.S. levies.
European Commission President Ursula von der Leyen met with U.S. President Donald Trump on Sunday in Scotland, aiming to finalize a high-stakes trade deal that could see a broad 15% tariff imposed on most EU goods entering the U.S.
The negotiations held at Trump’s Turnberry golf resort come as both sides try to avert the imposition of steep new tariffs, particularly a threatened 30% U.S. tariff on EU products set to take effect 1 August. U.S. and EU negotiators were locked in last-minute talks on key sectors including automobiles, steel, aluminium, and pharmaceuticals.
President Trump, speaking ahead of the talks, called the current trade arrangement “very unfair to the United States,” while von der Leyen admitted there was a need for “rebalancing,” acknowledging the EU's trade surplus with the U.S.
U.S. Commerce Secretary Howard Lutnick warned that unless the EU opened its markets further to American exports, Trump may go ahead with the 30% tariff plan. EU diplomats say counter-tariffs targeting $109 billion in U.S. goods are ready if talks fail.
According to EU officials, the deal under discussion includes a uniform 15% tariff similar to the U.S.-Japan agreement along with a 50% tariff on steel and aluminium, potentially offset by export quotas. The auto sector may also see a significant adjustment, with hopes of reducing the current 27.5% tariff to 15%.
Both sides expressed cautious optimism, with a senior U.S. official saying a deal was "within reach," though not yet guaranteed.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States a...
At least three paramilitary troops and three suspected militants were killed after heavily armed attackers stormed a Rangers security compound in Paki...
"I will be president for only a couple of weeks, and then I will resign," Vucic told supporters at a pro-government rally in the capital, Belgrade....
The death toll in the twin earthquakes which rocked Venezuela earlier this week has risen to 1,430, top lawmaker Jorge Rodriguez said on Saturday. Ano...
The Central African Republic declared a cholera outbreak after 197 cases, including 24 deaths, were confirmed in two health districts southwest of the...
Australia booked its place in the FIFA World Cup 2026 Round of 32 after a tense goalless draw with Paraguay. Already-eliminated Türkiye ended its campaign on a high with a dramatic 3-2 win over group winners the United States.
Will the negotiations in Switzerland succeed? That has become the dominant question surrounding the latest round of US-Iran diplomacy. It is also the wrong one.
India and the U.S. are close to finalising a long-awaited trade agreement, Indian Trade Minister Piyush Goyal said on Thursday after the latest round of negotiations with U.S. Trade Representative Jamieson Greer.
The U.S. Supreme Court has cleared the way for President Donald Trump's administration to end Temporary Protected Status (TPS) for hundreds of thousands of immigrants from Haiti and Syria, handing the White House another victory on immigration.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
Tens of thousands of people are still unaccounted for after two powerful earthquakes struck Venezuela. At least 589 people have been confirmed dead and hundreds are believed to be trapped under rubble, as emergency crews and international rescue teams race to respond.
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Authorities warned of continued heavy rain, flooding, and landslides, according to media reports.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States and Iran each launched strikes in the worst escalation since they signed their interim peace deal.
ANEWZ can exclusively report that European Commission President Ursula von der Leyen is expected to visit Azerbaijan on 1 July.
At least three paramilitary troops and three suspected militants were killed after heavily armed attackers stormed a Rangers security compound in Pakistan's southern port city of Karachi on Saturday, authorities said.
"I will be president for only a couple of weeks, and then I will resign," Vucic told supporters at a pro-government rally in the capital, Belgrade.
The death toll in the twin earthquakes which rocked Venezuela earlier this week has risen to 1,430, top lawmaker Jorge Rodriguez said on Saturday. Another 3,200 people were injured and 3,100 left homeless by the disaster, he added on state television.
Australia said it would double the maximum penalty it can impose on tech firms found to have failed to uphold a groundbreaking social media ban for children, as evidence mounts that the ban has had little effect on teen use.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment