live Iran, U.S. make competing claims over control of Strait of Hormuz
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
Britain’s Trade Minister Jonathan Reynolds is set for a pivotal week of negotiations with U.S., EU, and Indian officials as fresh U.S. steel tariffs complicate the implementation of recent trade agreements.
This week, UK Trade Minister Jonathan Reynolds embarks on a series of high-profile meetings in Paris and Brussels to address the challenges surrounding recently announced U.S. steel tariffs and to advance key trade agreements with Britain’s major partners.
On Tuesday, Reynolds will meet with U.S. Trade Representative Jamieson Greer to discuss the practicalities of a trade deal agreed last month between the UK and the U.S. Although the deal aimed to lower tariffs on British steel and cars, the implementation has faced delays, and recent announcements suggest U.S. steel tariffs could rise sharply from 25% to 50%, threatening British producers.
Industry experts warn that the tariff increase would severely impact UK steel manufacturers, calling it a “body blow” to the sector. The British government is actively engaging with U.S. counterparts to assess the impact and push for clarity on the timeline for rolling out the bilateral agreement.
Beyond the U.S., Reynolds is scheduled to meet with Indian Commerce Minister Piyush Goyal to discuss the ongoing finalisation of a Free Trade Agreement between the two nations. While the legal texts are near completion, the agreement still requires ratification, which could take several months.
Reynolds’ itinerary also includes talks with EU Trade Commissioner Maros Sefcovic, continuing efforts to ease trade frictions without reopening Brexit arrangements. The UK recently announced the suspension of border checks on EU fruit and vegetable imports, a move designed to smooth food trade ahead of the planned removal of red tape between the UK and EU.
Reynolds emphasized the importance of evolving trade relationships with the UK’s largest partners, stating, “We recognize our relationship with G7 allies and EU counterparts must continue to evolve and deliver a better trading environment for our businesses and exporters.”
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
Palestinian Authority President Mahmoud Abbas met Türkiye’s President Recep Tayyip Erdoğan on Wednesday for talks focused on Gaza, Palestinian statehood and regional security.
Taiwan staged military defence drills on Wednesday as China concluded joint naval exercises with Indonesia in waters east of the island.
Washington’s counter-narcotics push is expanding as Colombia’s new conservative government backs deeper security cooperation.
Meta said it had removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under 16, as the country’s internet regulator weighs enforcement action over its teen social media ban.
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