live U.S., Iran reach preliminary peace deal, Friday signing expected
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a pre...
Jaguar Land Rover will suspend shipments of its UK-made vehicles to the United States for a month as it evaluates ways to address the impact of President Donald Trump's 25% tariff on imported cars, according to a report in The Times.
The company, owned by India's Tata Motors, did not immediately comment on the report, but the decision to pause shipments is seen as a response to the higher costs imposed by the new tariffs. The pause is expected to exacerbate concerns about the impact of tariffs on the UK’s car industry, which employs 200,000 people directly. The United States is the second-largest importer of British-made cars, following the European Union, accounting for nearly 20% of total exports, according to the Society of Motor Manufacturers and Traders (SMMT).
Jaguar Land Rover, one of the UK’s largest car manufacturers, produces models like the Range Rover Sport and Defender, with nearly a quarter of its annual sales of 400,000 units going to the U.S. market. The 25% tariff on imported cars and light trucks from countries outside the U.S. came into effect on April 3, adding to the growing trade tensions that have already disrupted global markets.
While the company is taking steps to adjust, The Times report notes that Jaguar Land Rover has a few months' supply of cars already in the U.S. that will not be subject to the new tariffs. The UK government has said it is focused on securing a trade deal with Washington to alleviate the pressure on British exports.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
British Prime Minister Keir Starmer said on Monday he would ban social media sites for under-16s and impose restrictions on gaming and livestreaming platforms, in some of the world's most far-reaching online restrictions to date.
The stepson of Norway's Crown Prince Haakon has been found guilty of two counts of rape as well as domestic violence and other crimes and is sentenced to four years in prison, an Oslo court ruled on Monday.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 15 June, covering the latest developments you need to know.
Leaders of the Group of Seven wealthy nations will meet at a French lakeside resort on Monday against a backdrop of preliminary deal to end U.S. and Iran war reached by both sides.
Four people were killed while the Kyiv Pechersk Lavra monastery, a symbol of Ukrainian spiritual and cultural history, caught fire, in the heaviest Russian air attack on the Ukrainian capital in two weeks, authorities said on Monday.
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