Ukraine's Zaporizhzhia nuclear plant reconnected after outage
Ukraine's Zaporizhzhia Nuclear Power Plant has been reconnected to the electricity grid after repairs were carried out under a localised ceasefire bro...
Five countries, the European Union, and global airlines have urged the Trump administration to avoid imposing new national security tariffs on imported commercial planes and parts, citing potential damage to trade and aviation industries, according to documents released on Tuesday.
Airlines and plane manufacturers have lobbied President Donald Trump to restore the tariff-free regime under the 1979 Civil Aircraft Agreement, which has resulted in a $75 billion annual trade surplus for the U.S. aerospace industry.
In a separate filing, U.S. planemaker Boeing pointed to a recent trade agreement with the UK, which ensures tariff-free treatment for aircraft and parts. Boeing argued that the U.S. should secure similar duty-free terms in any future trade agreements, as it did with Britain.
The documents also revealed concerns from nations such as Canada, China, Japan, Mexico, and Switzerland, as well as the European Union, over the potential consequences of new tariffs. Mexico, for example, exported $1.45 billion in aircraft parts to the U.S. in 2024, a small portion of the total trade. The EU reported U.S. aircraft exports worth around $12 billion, while exporting about $8 billion in aircraft to the U.S.
In May, the U.S. Commerce Department launched a "Section 232" national security investigation into imports of commercial aircraft, jet engines, and parts, which could lead to higher tariffs.
China criticized the potential tariffs, stating that no country or region should support the growth of its domestic aircraft industry by suppressing foreign competitors. The EU also expressed concerns, urging the U.S. to strengthen its trade in aircraft and parts, rather than imposing trade restrictions.
Trump has already imposed a 10% tariff on nearly all aircraft and parts imports.
Delta Air Lines and major trade groups have warned that these tariffs could increase ticket prices, impact aviation safety, and disrupt supply chains.
Airbus Americas CEO Robin Hayes also expressed concerns, stating that it is neither realistic nor sensible to aim for a completely domestic supply chain in any country.
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.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
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.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
George Russell continued Mercedes's dominant qualifying form by securing pole position for the Barcelona-Catalunya Grand Prix, while Lewis Hamilton ensured an all British front row with second place for Ferrari.
Ukraine's Zaporizhzhia Nuclear Power Plant has been reconnected to the electricity grid after repairs were carried out under a localised ceasefire brokered by the International Atomic Energy Agency (IAEA).
Swiss voters decide whether to back a proposal to cap the country's population in a referendum likened to Britain's Brexit vote, which could have far-reaching consequences for the economy and Bern's relations with the European Union.
Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
European museums are increasingly returning cultural artefacts to countries in Africa and the Middle East, as pressure grows to address the legacy of colonialism and disputed ownership.
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