Fire at airport cargo complex disrupts Bangladesh’s garment exports
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, wit...
France is pushing the European Commission to take a tougher stance against Washington in transatlantic trade talks, warning that the EU must be ready to act if U.S. President Donald Trump refuses to ease tariffs ahead of the August 1 deadline.
The French government is urging Brussels to adopt a firmer negotiating position in its ongoing trade talks with the United States, warning that failure to do so could undermine Europe’s credibility and economic interests.
A French official involved in trade policy said negotiators must “make it clear that we’re ready to press the red button” if no deal is reached with U.S. President Donald Trump, who has threatened to impose 30% tariffs on all EU goods—triple the current 10% rate—if talks fail by August 1.
Paris believes the European Commission should stop treating Washington as a benign ally, given that the trade war was reignited by Trump’s return to power earlier this year. “We’re dealing with an ally who is raising tensions in a trade war it started,” another French official said.
The warning comes as French President Emmanuel Macron prepares to meet German Chancellor Friedrich Merz in Berlin on Wednesday. While Berlin favours quick concessions to shield Germany’s export-heavy economy, France is holding out for a deal that protects long-term European interests.
“France wants the Commission’s negotiating method to evolve,” the French economy ministry said. “The goal should not be to reach an agreement at any price.”
French Industry Minister Marc Ferracci is due to meet industry leaders on Tuesday and will urge stronger EU resistance in talks with his German and Italian counterparts later this week.
Meanwhile, Trade Minister Laurent Saint-Martin has advocated using the EU’s Anti-Coercion Instrument and hinted at broader retaliatory measures against U.S. services, though some member states remain wary of escalation.
EU Trade Commissioner Maroš Šefčovič, who visited Washington last week for his fourth round of talks since February, told EU diplomats on Friday that while a deal had not yet been struck, negotiations were ongoing.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, with losses and impacts on trade potentially amounting to millions of dollars, according to industry leaders on Sunday.
The Orenburg gas processing plant, the world's largest facility of its kind, has been forced to halt its intake of gas from Kazakhstan following a Ukrainian drone strike, according to Kazakhstan's energy ministry.
The Louvre Museum in Paris was closed on Sunday after thieves broke in and stole “priceless” jewellery from the Napoleon collection, the French government said.
Former French president Nicolas Sarkozy said he is not afraid of going to prison, days before beginning a five-year sentence over his 2007 campaign financing case linked to Libya.
Millions of Americans took to the streets for “No Kings” rallies across all 50 states, denouncing what they called the corruption and authoritarianism of President Donald Trump.
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