With the tariff deadline fast approaching, German Chancellor Friedrich Merz is pushing for a swift and straightforward trade agreement between the EU and the U.S., as both sides continue talks to avoid a potential economic standoff.
German Chancellor Friedrich Merz on Thursday called for a "quick and simple" trade agreement with the United States, stressing the urgency as the July 9 deadline for additional U.S. tariffs on EU goods nears.
“We have less than two weeks until July 9,” Merz said at a press conference during the EU summit in Brussels. He emphasized the need for swift action, noting, “We all agree that we must reach a quick result — there is no disagreement.”
His comments followed EU Commission President Ursula von der Leyen’s announcement that the bloc had received the latest negotiation draft from Washington and was currently reviewing it.
U.S. President Donald Trump had previously threatened to impose a 50% tariff on EU imports starting June 1, citing stalled negotiations. However, after a conversation with von der Leyen, he postponed the implementation to July 9.
On Thursday, White House spokesperson Karoline Leavitt hinted that Trump may still extend the deadline, saying the date was "not critical" and the final decision rests with the president.
Talks between the EU and U.S. are ongoing as both sides seek to finalize a deal and avoid a trade escalation.
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Germany has failed to secure a rotating seat on the United Nations Security Council, ending decades of successful bids and prompting fresh debate about the country's diplomatic standing on the global stage.
Germany's foreign minister Johann Wadephul has suggested that Berlin's strong backing of Ukraine and its close ties with Israel may have contributed to its failure to secure a seat on the United Nations Security Council.
The United States is withdrawing 5,000 troops from NATO ally Germany, the Pentagon announced on Friday, as a rift over the Iran war widens between President Donald Trump and Europe.
Hungary’s veteran nationalist leader Viktor Orbán has lost power to the centre-right Tisza party in Sunday’s national election after 16 years in office, marking a major political shift that has drawn reactions across Europe and the United States.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
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While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
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Ukraine will increase military wages and expand recruitment of foreign volunteers, President Volodymyr Zelenskyy announced on Friday, as the armed forces face a critical personnel shortage after more than four years of war with Russia.
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