Iran's president says Tehran does not want war after reprisal attacks on U.S. bases
Iran’s President Masoud Pezeshkian has stated that Tehran is not pursuing a military conflict but promised a strong response to 'agg...
European Union negotiators are expected to agree on Tuesday (19 May) on legislation removing import duties on U.S. industrial goods, in a move aimed at implementing last year’s trade agreement with the United States and avoiding higher tariffs threatened by U.S. President Donald Trump.
The deal, reached at Trump’s Turnberry golf resort in Scotland last July, would see the EU eliminate tariffs on U.S. industrial products and grant preferential access to American agricultural and seafood exports. In return, the United States would impose a 15% tariff on most EU goods.
Despite the agreement, its legal implementation has been delayed for nearly 10 months as the European Parliament and EU member states continue negotiations over safeguards and enforcement mechanisms.
EU lawmakers are now working to finalise a legislative text in talks expected to conclude late on Tuesday or early on Wednesday, with officials expressing confidence that an agreement can be reached in time to meet Washington’s deadline.
Trump has warned that failure to implement the agreement could trigger significantly higher tariffs on EU exports, including automobiles, with previous threats suggesting duties could rise to 25%.
He has set a 4 July deadline for the EU to comply with the agreement’s terms.
The main point of contention between EU institutions concerns how to ensure the United States adheres to its commitments under the deal.
Members of the European Parliament are pushing for stronger safeguards, including a “sunrise clause” that would delay EU tariff cuts until U.S. compliance is confirmed, a suspension mechanism in the event of violations, and a “sunset clause” ending concessions in 2028.
EU governments, however, have expressed concern that strict conditions could strain relations with Washington and create uncertainty for European businesses.
If an agreement is reached, the EU is expected to meet the 4 July deadline, with a final parliamentary vote anticipated in mid-June.
The outcome is seen as a key test of transatlantic trade stability at a time of heightened economic uncertainty and renewed tariff tensions between major global economies.
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit.
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S. fulfils its commitments, a senior Iranian diplomat said on Saturday.
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Iran.
Russian strikes on the Kyiv region overnight killed 37 people, Ukrainian President Volodymyr Zelenskyy has said. Zelenskyy added that the Ukrainian capital was under "virtually nonstop attack" from drones.
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases in Jordan in the first direct U.S.-Iran military escalation in weeks.
Iran’s President Masoud Pezeshkian has stated that Tehran is not pursuing a military conflict but promised a strong response to 'aggressors' while the Army and Revolutionary Guards said they carried out retaliatory attacks against U.S. bases in the region on Monday.
Kyrgyzstan is hosting the sixth World Nomad Games, bringing together thousands of athletes from around the world for a celebration of traditional sports, cultural heritage and nomadic traditions.
Pakistan is set to take over the rotating chairmanship of the Shanghai Cooperation Organisation after the bloc’s leaders meet in Bishkek. Prime Minister Shehbaz Sharif arrived on Friday to attend the SCO Council of Heads of State meeting and SCO Plus Summit, which run until 2 September.
Israeli Prime Minister Benjamin Netanyahu has condemned the actions of Israeli settlers in the West Bank village of Qusra, saying security operations should be handled only by state institutions, including the army and police.
Rescue teams in Nepal, supported by Chinese and Indian experts, worked through the night to reach hundreds of people believed to be trapped inside blocked hydropower project tunnels following last week’s catastrophic Himalayan flood.
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