French official tells paper Arab countries will condemn Hamas, trying to get Palestinian statehood recognized
PARIS -Arab countries will for the first time condemn Hamas and call for its disarmament early next week at a United Nations ministerial event in New York, a move meant to lure more European countries to recognize Palestinian statehood, France's foreign minister said on Saturday.
In an exclusive interview with French weekly Le Journal du Dimanche, Minister of Foreign and European Affairs Jean-Noel Barrot said the move was part of a long-planned initiative between France and Saudi Arabia.
"For the first time, Arab countries will condemn Hamas and call for its disarmament, which will seal its definitive isolation. European countries will in turn confirm their intention to recognize the State of Palestine. Half of European countries have done so, all others are considering it," Barrot told the JDD.
"The British Prime Minister has stated his intention to do so. Germany is considering it at a later stage. We will launch an appeal in New York for other countries to join us in order to set in motion an even more ambitious and demanding process that will culminate on September 21," Barrot added.
On Thursday French President Emmanuel Macron announced France would formally recognize the state of Palestine at the U.N. General Assembly on September 21, drawing condemnation from the U.S. and Israel.
Earlier on Saturday Italian Prime Minister Georgia Meloni called it counterproductive to recognise a Palestinian state before it is established.
On Friday a German government spokesperson said there were no plans to recognise a Palestinian state in the short term.
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At the upcoming United Nations event on Monday and Tuesday, France and Saudi Arabia plan to lay out a proposed post-war roadmap leading to a two-state solution covering security, reconstruction and governance, which will be compatible with the Abraham Accords negotiated by U.S. President Trump, Barrot said.
The French minister added that in coming weeks the European Commission would take a tougher stance on Israel and demand a stop on building of any new settlement projects in the West Bank, and also an end to militarized policing of humanitarian aid distribution.
Barrot also called on fellow European countries to demand a removal of the financial blockade on the Palestinian authority so it can receive 2 billion euros he said it is owed. REUTERS
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AsiaOne
an hour ago
- AsiaOne
US and EU avert trade war with 15% tariff deal, World News
TURNBERRY, Scotland — The US struck a framework trade agreement with the European Union on Sunday (July 27), imposing a 15 per cent import tariff on most EU goods — half the threatened rate — and averting a bigger trade war between the two allies that account for almost a third of global trade. US President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump's luxury golf course in western Scotland after an hour-long meeting that pushed the hard-fought deal over the line, following months of negotiations. "I think this is the biggest deal ever made," Trump told reporters, lauding EU plans to invest some US$600 billion (S$768 billion) in the United States and dramatically increase its purchases of US energy and military equipment. Trump said the deal, which tops a US$550 billion deal signed with Japan last week, would expand ties between the trans-Atlantic powers after years of what he called unfair treatment of US exporters. Von der Leyen, describing Trump as a tough negotiator, said the 15 per cent tariff applied "across the board", later telling reporters it was "the best we could get." "We have a trade deal between the two largest economies in the world, and it's a big deal. It's a huge deal. It will bring stability. It will bring predictability," she said. The agreement mirrors key parts of the framework accord reached by the US with Japan, but like that deal, it leaves many questions open, including tariff rates on spirits, a highly charged topic for many on both sides of the Atlantic. The deal, which Trump said calls for US$750 billion of EU purchases of US energy in coming years and "hundreds of billions of dollars" of arms purchases, likely spells good news for a host of EU companies, including Airbus, Mercedes-Benz and Novo Nordisk, if all the details hold. German Chancellor Friedrich Merz welcomed the deal, saying it averted a trade conflict that would have hit Germany's export-driven economy and its large auto sector hard. German carmakers, VW, Mercedes and BMW were some of the hardest hit by the 27.5 per cent US tariff on car and parts imports now in place. The baseline 15 per cent tariff will still be seen by many in Europe as too high, compared with Europe's initial hopes to secure a zero-for-zero tariff deal. Bernd Lange, the German Social Democrat who heads the European Parliament's trade committee, said the tariffs were imbalanced and the hefty EU investment earmarked for the US would likely come at the bloc's own expense. Trump retains the ability to increase the tariffs in the future if European countries do not live up to their investment commitments, a senior US administration official told reporters on Sunday evening. The euro rose around 0.2 per cent against the dollar, sterling and yen within an hour of the deal's being announced. Mirror of Japan deal Carsten Nickel, deputy director of research at Teneo, said Sunday's accord was "merely a high-level, political agreement" that could not replace a carefully hammered out trade deal: "This, in turn, creates the risk of different interpretations along the way, as seen immediately after the conclusion of the US-Japan deal." While the tariff applies to most goods, including semiconductors and pharmaceuticals, there are exceptions. The US will keep in place a 50 per cent tariff on steel and aluminium. Von der Leyen suggested the tariff could be replaced with a quota system; a senior administration official said EU leaders had asked that the two sides continue to talk about the issue. Von der Leyen said there would be no tariffs from either side on aircraft and aircraft parts, certain chemicals, certain generic drugs, semiconductor equipment, some agricultural products, natural resources and critical raw materials. "We will keep working to add more products to this list," von der Leyen said, adding that spirits were still under discussion. A US official said the tariff rate on commercial aircraft would remain at zero for now, and the parties would decide together what to do after a US review is completed, adding there is a "reasonably good chance" they could agree to a lower tariff than 15 per cent. No timing was given for when that probe would be completed. The deal will be sold as a triumph for Trump, who is seeking to reorder the global economy and reduce decades-old US trade deficits, and has already reached similar framework accords with Britain, Japan, Indonesia and Vietnam, although his administration has not hit its goal of "90 deals in 90 days." US officials said the EU had agreed to lower non-tariff barriers for automobiles and some agricultural products, though EU officials suggested the details of those standards were still under discussion. [[nid:720501]] "Remember, their economy is US$20 trillion... they are five times bigger than Japan," a senior US official told reporters during a briefing. "So the opportunity of opening their market is enormous for our farmers, our fishermen, our ranchers, all our industrial products, all our businesses." Trump has periodically railed against the EU, saying it was "formed to screw the United States" on trade. He has fumed for years about the US merchandise trade deficit with the EU, which in 2024 reached US$235 billion, according to US Census Bureau data. The EU points to the US surplus in services, which it says partially redresses the balance. Trump has argued that his tariffs are bringing in "hundreds of billions of dollars" in revenues for the US while dismissing warnings from economists about the risk of inflation. On July 12, Trump threatened to apply a 30 per cent tariff on imports from the EU starting on Aug 1, after weeks of negotiations failed to reach a comprehensive trade deal. The EU had prepared countertariffs on 93 billion euros (S$140 billion) of US goods in the event a deal to avoid the tariffs could not be struck. [[nid:720506]]

Straits Times
an hour ago
- Straits Times
What is the status of US tariff negotiations?
Find out what's new on ST website and app. On July 27, the US struck a framework deal with the EU, imposing a 15 per cent US import tariff on most EU goods, half the threatened rate. WASHINGTON - US tariff negotiations with key trading partners have shifted into high gear as economies race to avoid steeper duties before an Aug 1 deadline. Many of these tariff hikes were part of a package first announced in April, under which dozens of economies were due to face higher levies - up from a 10 per cent level – over their trade surpluses with the United States. The twice-postponed deadline for duties to take effect is now Friday, Aug 1 . But Washington has expanded its group of targets coming up against these tariffs, while announcing agreements with the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines. A deal with the European Union unveiled on July 27 sees a 15 per cent tariff imposed on European exports to the United States, down from the 30 per cent that Mr Trump earlier threatened. Where do other US trade talks stand? South Korea: Heightened pressure Seoul is racing to reach a deal with Washington, as Tokyo's success in landing an agreement has 'amped up the pressure for South Korea,' a government source told AFP. Top stories Swipe. Select. Stay informed. Singapore Not feasible for S'pore to avoid net‑zero; all options to cut energy emissions on table: Tan See Leng Singapore With regional interest in nuclear energy rising, S'pore must build capabilities too: Tan See Leng Singapore Sewage shaft failure linked to sinkhole; PUB calling safety time-out on similar works islandwide Singapore Workers used nylon rope to rescue driver of car that fell into Tanjong Katong Road sinkhole Singapore New Mandai North Crematorium, ash-scattering garden to open on Aug 15 World Three dead, several injured after train derails in Germany World US and EU clinch deal with broad 15% tariffs on EU goods to avert trade war Opinion Vaping, Kpods and teenage risk-taking: An old problem in a new world Local media reported that Seoul was preparing to propose more than US$100 billion (S$128 billion) in investment as part of a broader agreement, with expected participation by major firms such as Samsung and Hyundai Motor. The South Korean government did not confirm this. But South Korean officials have outlined proposals to deepen collaboration in sectors like shipbuilding, semiconductors and batteries. National Security Advisor Wi Sung-lak has told reporters that the two countries are in 'the final and most crucial phase of negotiations' to avert Mr Trump's proposed 25 per cent duty. India: Cautious optimism Indian Commerce Minister Piyush Goyal told Bloomberg Television on July 24 that he was optimistic his country could reach an agreement with the United States to avert Washington's 26 per cent tariff threat. Mr Goyal insisted there were not any sticking points in the US-India relationship or in trade talks, and clarified that immigration rules – including those around H-1B visas for skilled workers – had not come up in negotiations. Despite Mr Goyal's remarks, local media reported the prospects of an interim deal before Aug 1 had dimmed. Taiwan: Working hard Taiwanese Premier Cho Jung-tai said on July 24 that officials are 'working hard' on negotiations, amid worries that an unfavorable tariff level could hit the self-ruled island's economy. Vice-President Hsiao Bi-khim said Taipei's negotiating team was 'working almost 24 hours a day to achieve trade balance and Taiwan's industrial interests, and even to further deepen cooperation'. Canada, Mexico: Deal unclear Although Canada and Mexico were spared from Mr Trump's 'reciprocal' tariffs announced in April, goods from both countries entering the United States generally face a separate 25 per cent duty if they fall outside a North American trade pact. This figure stands to jump to 30 per cent for Mexico come Aug 1, while the level for Canada was set at 35 per cent. Mexican President Claudia Sheinbaum said her administration was 'doing everything' possible to avert the duties and that she would speak with Mr Trump if necessary to try to reach a pact. Mr Trump told reporters on July 25 that there was no deal with Canada so far. Brazil: Political nature Brazil is girding for a virtual trade embargo on its planes, grains and other goods if Mr Trump's threatened 50 per cent tariff on its exports takes effect on Aug 1. The United States runs a trade surplus with Latin America's biggest economy, which was not originally expected to face steeper tariffs under Mr Trump's 'reciprocal' duties plan. Mr Trump has not attempted to hide the political motivation in targeting Brazil, citing a judicial 'witch hunt' against his right-wing ally, former president Jair Bolsonaro, when he unveiled the tariff rate. The political nature of the spat makes a last-minute deal appear less likely. AFP

Straits Times
an hour ago
- Straits Times
For Trump, EU trade deal was badly needed
Find out what's new on ST website and app. Both parties agreed on July 27 to a broad-brush trade deal that sets a 15 per cent tariff on most EU goods. EDINBURGH, Scotland - For months, President Donald Trump's penchant for overhyping the speed at which he could negotiate complex trade deals has been the butt of Washington jokes. 'Ninety days ago, Donald Trump promised the world that his tariffs would lead to 90 deals in 90 days,' Senate Minority Leader Chuck Schumer, said in July, adding: 'By my count, he's about 88 trade deals short.' So on July 27, when Mr Trump announced a trade agreement with the European Union, it was not only his biggest trade deal to date, but also, politically, his most badly needed. After going months without securing deals, Mr Trump is now coming off his most productive stretch of trade negotiations, landing agreements in recent days with the Philippines, Japan and Indonesia as well as the European Union, which represents 27 countries. The deal with the European Union, at least upon first impression, seemed to give Mr Trump much of what he wanted. 'I'm very surprised how the European Union gave in to Trump's demands,' said Professor Douglas Irwin, a professor of economics at Dartmouth College. 'I thought the EU would be the most prone to retaliation. And yet, they didn't do it. They really gave in to most of what Trump wanted.' Though many details of the agreement were unclear, the European Union and the United States agreed on July 27 to a broad-brush trade deal that sets a 15 per cent tariff on most EU goods, including cars, averting what could have become a painful trade war with a bloc that is the United States' single biggest source of imports. Top stories Swipe. Select. Stay informed. Singapore Not feasible for S'pore to avoid net‑zero; all options to cut energy emissions on table: Tan See Leng Singapore With regional interest in nuclear energy rising, S'pore must build capabilities too: Tan See Leng Singapore Sewage shaft failure linked to sinkhole; PUB calling safety time-out on similar works islandwide Singapore Workers used nylon rope to rescue driver of car that fell into Tanjong Katong Road sinkhole Singapore New Mandai North Crematorium, ash-scattering garden to open on Aug 15 World Three dead, several injured after train derails in Germany World US and EU clinch deal with broad 15% tariffs on EU goods to avert trade war Asia Displaced villagers at Thai-Cambodian border hope to go home as leaders set to meet for talks The European Union also agreed to purchase US$750 billion (S$960 billion) of US energy, which Ms Ursula von der Leyen, president of the EU's executive branch, said would be spread over three years. That, she noted, is roughly the length of Mr Trump's remaining term in office. The bloc also agreed to increase its investment in the United States by more than US$600 billion. The two sides agreed to drop tariffs to zero on a range of goods including aircraft, plane parts, certain chemicals, certain generic drugs, semiconductor equipment and some agricultural products, Ms von der Leyen said. She acknowledged that the tariffs could prove tough for some European businesses, but defended the deal in light of higher tariffs Mr Trump had threatened. 'Fifteen percent is not to be underestimated, but it is the best we could get,' she said. It was a positive political development for Mr Trump on a number of fronts. Economists have mostly been sour on the idea of his sweeping tariffs, warning of dire consequences including inflation and rising unemployment. And even as many criticised the wisdom of Mr Trump's economic policies, his administration came under added fire over its struggle to negotiate deals. The agreement with the European Union, the America's largest trading partner, may tamp down some of the criticism. The agreement may also offer Mr Trump a way to divert the news cycle from his administration's handling of the Jeffrey Epstein files , a controversy that has dogged him for weeks. At a news conference on the trade deal, a reporter asked Mr Trump whether he had rushed the agreement forward in an attempt to knock the Epstein story line out of the news. 'You've got to be kidding,' a frustrated Mr Trump responded. 'That had nothing to do with it.' Trade negotiations are famously complex and time-consuming, so most analysts doubted that Mr Trump could have much success in quickly striking deals. The Peterson Institute for International Economics said in a 2016 analysis that negotiations for a single trade deal can take more than a year, with implementation taking multiple years. That did not stop the White House from issuing bold predictions. Within days of the April 2 announcement of tariffs on countries across the globe, White House officials said about 70 countries were calling to strike deals. Mr Trump's trade adviser predicted 90 agreements in 90 days. As the deals proved tougher to negotiate than advertised, Mr Trump lamented the pressure he was under. 'Everyone says, 'When, when, when are you going to sign deals?'' he said in May. At one point, he said, 'We don't have to sign deals.' The agreements Mr Trump has announced in recent days contain mostly top-line figures. They are not the detailed, complex documents that the United States has historically negotiated, which can number in the hundreds of pages. And the new deal with the European Union could still run into trouble. The Trump administration faces nearly a dozen lawsuits seeking to have its tariffs declared illegal on the grounds that Mr Trump does not have the authority to impose them without the consent of Congress. Should those suits succeed, Mr Trump would be back to square one. Mr Andrew Hale, a trade policy analyst for the conservative Heritage Foundation, cautioned against reading too much into the deal with the European Union until the text is released, and the lawsuits are resolved. 'These are not comprehensive free trade agreements,' he said. 'Let's make that very clear. And much of this may evaporate.' NYTIMES