Trump, EU announce trade deal
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On tariffs, President Trump also told reporters on Monday that he is giving Russian President Vladimir Putin less than two weeks to either reach a peace deal with Ukraine or face secondary tariffs on Moscow’s trade partners.
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and Washington would still hurt.
The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.
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U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal
The European Union agreed to buy $750 billion in U.S. energy products over the next three years, according to President Donald Trump. Analysts were struggling to see how that could be achieved. "The big question is whether that can even be achieved.
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Iceland is weighing a return to EU membership talks amid Arctic security concerns and shifting trade dynamics. Brussels is hopeful, but sovereignty and fisheries remain major sticking points.
President Donald Trump says Hamas is reluctant to release the remaining hostages amid Israel's increase in humanitarian aid efforts in Gaza on Sunday.