Trade deal deadline looms as U.S. faces shifting global alliances
The deadline to secure a new U.S. trade deal arrives today, potentially marking a turning point in the country’s economic strategy amid faltering mo...
French President Emmanuel Macron urged Chinese President Xi Jinping to avoid tariffs on Cognac and to support ceasefires in Ukraine and Gaza, as the leaders discussed trade tensions and global conflicts.
During a call on Thursday, French President Emmanuel Macron spoke with Chinese President Xi Jinping about growing trade tensions and international conflicts, focusing on economic cooperation and the wars in Ukraine and Gaza.
Macron asked Xi to protect French Cognac exports from Chinese tariffs, warning that a level playing field is essential for French businesses operating in China. He stressed that while France welcomes Chinese investment, French companies should receive equal treatment.
“We’ve agreed to move quickly on resolving the Cognac issue, which is vital for our producers,” Macron said in a social media post.
China is currently investigating French Cognac imports in a trade probe widely seen as retaliation for France’s strong backing of EU tariffs on Chinese electric vehicles last October. A final decision is expected by July.
French Economy Minister Eric Lombard recently met with Chinese Vice Premier He Lifeng in Paris to address the issue, but their lengthy talks ended without resolution. He insisted Chinese authorities would decide the outcome independently.
Beyond trade, Macron pledged to cooperate with China in pushing for an immediate ceasefire in Ukraine and called for renewed collaboration on peace in the Middle East. He said France and China will jointly prepare for a June peace conference in New York aimed at advancing a two-state solution for Israel and Palestine.
Macron is scheduled to visit Vietnam, Indonesia, and Singapore next week as part of a regional tour to strengthen France’s role in the Indo-Pacific, where China’s economic and territorial assertiveness continues to grow.
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Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
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The deadline to secure a new U.S. trade deal arrives today, potentially marking a turning point in the country’s economic strategy amid faltering momentum on global agreements and rising international tensions.
Iran’s President Masoud Pezeshkian is due to start his two-day state visit to Pakistan on Saturday while the relations of the two neighboring countries have gained new significance in terms of regional and international developments.
South Korea’s former President Yoon Suk Yeol lay on the floor of his cell on Friday and refused to comply with questioning, a spokesperson for a special prosecutor said, as investigations into alleged abuse of power and influence-peddling continue.
Thailand repatriated two Cambodian soldiers on Friday from a group of 20 detained last week, just days before crucial talks in Malaysia aimed at upholding a fragile ceasefire along the disputed Thai-Cambodian border.
Russian energy giant Gazprom increased its average daily natural gas supplies to Europe by 37% in July compared to June, when maintenance activities had curbed exports, calculations based on transmission data showed on Friday.
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