The European Union has moved closer to finalising a trade agreement with the United States in an effort to avoid a new tariff escalation threatened by President Donald Trump. The proposed deal is aimed at stabilising transatlantic trade ties amid mounting economic and political pressure.
EU member states approved the legal framework needed to implement the agreement, which would reduce tariffs on several American goods in exchange for avoiding higher U.S. duties on European exports, including cars.
European Trade Commissioner Maroš Šefčovič welcomed the decision, saying the agreement would strengthen transatlantic stability and cooperation while protecting European interests.
Trump has warned that if the deal is not fully finalised by 4 July, Washington could proceed with higher tariffs, fuelling fears of a renewed trade dispute between the two sides.
Critics argue that Brussels is making too many concessions by expanding market access for U.S. industrial, agricultural and seafood products while the United States maintains a 15% baseline tariff on most EU exports.
A tougher safeguard clause that would have required Washington to act first was ultimately removed, reflecting concerns within the EU about linking trade too closely to broader geopolitical disputes.
Supporters of the agreement argue that avoiding a trade war with Europe’s largest export market is essential as the bloc’s economy continues to face pressure.
The deal also includes provisions allowing Brussels to suspend the agreement if the U.S. fails to meet its commitments. The arrangement is due to expire in 2029 unless it is renewed.
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Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
Iraq has returned restricted airspace across the western part of the country to civilian authorities, ending limits imposed for military operations against Islamic State since 2016, the Transport Ministry said.
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Ed Sheeran has broken his silence on the controversy surrounding his U.S. tour, apologising for decisions made after rapper Macklemore was removed from the line-up over his public support for Palestine.
French President Emmanuel Macron is visiting the tiny French territory of Saint Pierre and Miquelon, off the coast of Canada, where he is due to meet Canadian Prime Minister Mark Carney on Sunday (20 September).
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