In a letter posted on social media platform Truth Social, US President Donald Trump wrote that the 30% rate is “far less than what is needed to eliminate the Trade Deficit disparity.”
Category: 3. Europe
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Trump: EU goods will face 30% US tariff rate starting on 1 August
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Canada pauses new tariff threats as Trump escalates
OTTAWA — Canada is delaying its plans to slap retaliatory tariffs on U.S. steel and aluminum after President Donald Trump sent a letter extending the deadline for trade negotiations between the two North American neighbors — though he also threatened to impose higher tariffs.
Mark…
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Trump delayed his tariffs again. This could be the last time.
President Donald Trump this week again extended a deadline for levying tariffs on dozens of countries until the end of the month. This time, the president’s allies insist he means it.
Between the president’s growing impatience with the plodding pace foreign governments are taking and a…
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US State Department lays off more than 1,300 people
The State Department began laying off more than 1,300 workers Friday, proceeding with long-expected staff cuts that nonetheless came with some surprises in terms of who was cut and confusion on whether some notices were sent in error.
According to an internal State Department memo, 1,107…
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Turkey's leader says PKK disarmament opens 'new page in history' after group lays down arms
Recep Tayyip Erdogan claimed the disarmament of the Kurdish PKK militant group as a victory for his country after its members began laying down their weapons in a symbolic ceremony on Friday.
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Slovakia’s Fico eyes deal Tuesday on EU’s Russian gas ban and sanctions package – POLITICO
Slovakia could back a new EU sanctions package against Russia on Tuesday, Prime Minister Robert Fico said, as long as it first reaches a deal with European partners to cushion the effect of a proposed ban on Russian gas entering the bloc.
Slovakia has…
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Young people don’t feel part of the EU – and they’re right | Francesco Grillo
The former Italian prime minister Mario Draghi produced his much-awaited prescription for how to reboot Europe’s economy last year. The Draghi report was rightly applauded as a rude awakening for a European Union that is far too complacent…
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White House probe fuels speculation Trump could oust Powell – POLITICO
The Federal Reserve Act affords the central bank board considerable leeway over its facilities, including remodels and new construction. According to the Fed, several factors drove up the cost of the project. There were changes to the original building design after review agencies were…
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Deal struck to create new state of New Caledonia – POLITICO
Residents of the Pacific archipelago and former French penal colony have long been divided over its future. French descendants want Paris to maintain power, while the indigenous Kanak people seek self-determination.
In May last year, unrest broke out after the French parliament proposed…
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Russia launched 26 missiles and 597 drones at Ukraine, Zelenskyy said
The Ukrainian leader urged Western leaders to impose additional sanctions, and said the ‘war can only be stopped through strength.’
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