U.S. President Trump has delayed a proposed 50% tariff on EU imports, giving both sides until July 9 to strike a trade deal.
President Trump has agreed to extend the deadline for implementing steep tariffs on European Union imports, postponing the 50% tariff until July 9 following a call with European Commission President Ursula von der Leyen. The initial threat, announced for June 1, had shaken global markets and heightened tensions between the U.S. and its European allies.
While Trump initially claimed disinterest in a deal, he reversed course after the EU requested more time for negotiations. Financial markets reacted positively to the delay, with the euro and U.S. dollar gaining ground. This latest development highlights the rocky trajectory of U.S.-EU trade talks amid broader concerns over Trump's unilateral trade approach and its global impact.
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Trump rejected Macron’s plan to recognize a Palestinian state at the UN....
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Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
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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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U.S. Secretary of State Marco Rubio on Friday praised Pakistan's role in promoting regional stability and discussed deeper cooperation on counterterrorism, trade, and critical minerals during a meeting in Washington with Deputy Prime Minister Ishaq Dar.
President Volodymyr Zelenskyy said on Friday that Ukrainian forces are engaged in intense battles near the eastern city of Pokrovsk, a critical logistics center where Russian forces have been steadily advancing and claiming new territory almost daily.
Cambodia has called for an immediate and unconditional ceasefire with Thailand as border clashes between the two Southeast Asian neighbors escalated for a second consecutive day, AFP reports.
Trump rejected Macron’s plan to recognize a Palestinian state at the UN.
U.S. President Donald Trump announced on Friday his support for maintaining the restrictions on U.S. and Russian strategic nuclear weapons outlined in the 2010 New START treaty, which is set to expire in February
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