U.S. President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent had remained at the G7 summit in Canada to continue discussions, while he returned to Washington to address Middle East developments.
Speaking to reporters aboard Air Force One, Trump criticized the European Union’s trade stance, saying the 27-nation bloc had been "tough" with the United States for years and had not yet offered what he considers a fair deal.
“We're talking, but I don't feel that they're offering a fair deal yet,” Trump said. “They're either going to make a good deal or they'll just pay whatever we say they have to pay.”
The President also commented on the ongoing trade talks with Japan, describing Japanese negotiators as “tough,” but indicated there was still potential for a deal.
“They're tough, the Japanese are tough, but ultimately you have to understand we're just going to send a letter saying 'this is what you're going to pay, otherwise you don't have to do business with us.' But there's a chance,” Trump said.
Donald Trump further announced that new tariffs on pharmaceuticals would be coming soon, aimed at encouraging pharmaceutical companies to bring manufacturing back to the United States.
“We're going to be doing pharmaceuticals very soon. That's going to bring all the companies back into America,” he said. “It's going to bring most of them back into, at least partially back in.”
Additionally, Trump stated that Canada would pay to participate in the U.S.-led “Golden Dome” missile shield project.
Late this week, Rome will host the Ukraine Recovery Conference 2025 and the meeting of the Coalition of the Willing, an initiative led by the United K...
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as...
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Beijing has warned the Trump administration against restoring steep U.S. tariffs next month and signalled it will retaliate against countries that cut...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 8th July, covering the latest developments you need to know....
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as part of a sweeping push to reinforce its global dominance in critical mineral processing.
Beijing has warned the Trump administration against restoring steep U.S. tariffs next month and signalled it will retaliate against countries that cut China out of supply chains through bilateral deals with Washington.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 8th July, covering the latest developments you need to know.
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufacturers, already hit by weak domestic demand and shrinking overseas sales.
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 magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Sweden is to allocate SEK 20 million (more than $2.1 million) to the International Atomic Energy Agency’s (IAEA) nuclear safety and security missions in Ukraine in 2025.
U.S. President Donald Trump’s envoy will attend a key aid summit in Rome, just after Trump announced the resumption of weapons shipments to Ukraine.
China has warned Myanmar's Kachin rebels it will block rare-earth imports from their territory unless they halt an offensive on a key junta stronghold, raising fears over the global supply of critical minerals.
Late this week, Rome will host the Ukraine Recovery Conference 2025 and the meeting of the Coalition of the Willing, an initiative led by the United Kingdom and France. The two initiatives are aimed to guarantee Ukraine's survival as an independent, sovereign nation in response to Russia’s invasion.
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as part of a sweeping push to reinforce its global dominance in critical mineral processing.
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