live Trump, Israel pressure Iran as search for missing U.S. crew member continues- Latest on Middle East crisis
U.S. President Donald Trump and Israel stepped up pressure on Iran to open the strategic Strait of Hormuz waterway...
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.
One U.S. crew member has been rescued after two American warplanes were downed over Iran and the Gulf, as the search continues for a missing pilot, while President Donald Trump has given Tehran 48 hours to agree to a deal to end the war.
The U.N. Security Council is expected to vote next week on a Bahraini resolution to reopen the Strait of Hormuz and protect commercial shipping, diplomats said on Friday, amid opposition from China to any authorisation of force.
One crew member from a U.S. warplane shot down over Iran has been rescued, U.S. officials said, as a search continues for a second crew member.
Residents in Pakistan say they are feeling "crushed" and have to put filling up the tank before putting food on the table. Diesel is set to rise by 55% and petrol 43% as the government hike prices for the second time in a month.
The global commodities market is facing a severe structural supply shock after a series of coordinated military strikes in the Middle East devastated critical industrial infrastructure, threatening the manufacturing base of Western economies.
The family of the late Virginia Giuffre have urged King Charles III to meet survivors of sexual abuse during his upcoming state visit to the United States.
British police have arrested a fourth person in connection with an arson attack on ambulances belonging to a Jewish community charity. The arrest took place at a London court on Saturday, where three other suspects were already appearing.
Senegal has taken steps to curb government spending by banning non-essential foreign travel for ministers, as rising global oil prices place increasing pressure on the country’s finances.
Five people have been killed and 19 others injured in a Russian drone strike on a market in the front-line Ukrainian city of Nikopol, Ukrainian officials say.
A major gathering of Muslims in northern Paris will go ahead as planned after a French court overturned a government attempt to ban the event.
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