Neighbour makes daring rescue of family trapped in burning Paris flat
07/07/2025
BRICS nations slam Trump tariffs, condemn strikes on Iran
07/07/2025
Spotlight on Arabic performances as Avignon festival gets underway
07/07/2025
Poland reinstates border controls with Germany, Lithuania amid migration fears
07/07/2025
Netanyahu heads to Washington but will 'victory lap' be overshadowed by Gaza?
07/07/2025
Texas flood death toll mounts as questions asked over warning system
07/07/2025
'Netanyahu wants to perpetuate status quo: No agreement, no political framework, no Gaza withdrawal'
Middle East
06/07/2025
Oasis: What's the story? "A man with a fork in a world of soup"
UK
06/07/2025
San Fermin bull-running festival kicks off in Spain
Europe
06/07/2025
Brics countries meet in Brazil and focus to moderate agenda
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Fashion Network
3 hours ago
- Fashion Network
Trump unveils 25% tariffs on goods from Japan, South Korea in letters to leaders
U.S. stocks fell in response, the latest market ruction since Trump unleashed a global trade war on his return to office in January. His moves have repeatedly roiled financial markets and sent policymakers scrambling to protect their economies. U.S.-listed shares of Japanese automotive companies fell, with Toyota Motor down 4.1% in early afternoon trading and Honda Motor off by 3.8%. U.S. Treasury Secretary Scott Bessent said earlier on Monday he expected to make several trade announcements in the next 48 hours, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal before a July 9 deadline. It was not immediately clear if other letters to leaders would be made public ahead of Wednesday's deadline. Bessent did not say which countries could get deals and what they might contain. Trump has kept much of the world guessing on the outcome of months of talks with countries hoping to avoid the hefty tariff hikes he has threatened. "We've had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lot of new proposals," Bessent said in an interview with CNBC. "So it's going to be a busy couple of days." For its part, the European Union still aims to reach a trade deal by July 9 after European Commission President Ursula von der Leyen and Trump had a "good exchange," a Commission spokesperson said. It was not immediately clear, however, whether there had been a meaningful breakthrough in talks to stave off tariff hikes on the United States' largest trading partner. Adding to the pressure, Trump threatened to impose a 17% tariff on EU food and agriculture exports, it emerged last week. Trump had said on Sunday the U.S. was close to finalizing several trade pacts and would notify other countries by July 9 of higher tariff rates. He said they would not take effect until August 1, a three-week reprieve. He also put members of the developing nations' BRICS group in his sights as its leaders met in Brazil, threatening an additional 10% tariff on any BRICS countries aligning themselves with "anti-American" policies. The BRICS group comprises Brazil, Russia, India and China and South Africa along with recent joiners Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. Trump's comments hit the South African rand. The EU has been torn over whether to push for a quick and light trade deal or back its own economic clout in trying to negotiate a better outcome. It had already dropped hopes for a comprehensive trade agreement before the July deadline. "We want to reach a deal with the U.S. We want to avoid tariffs," the spokesperson told reporters at a daily briefing. "We want to achieve win-win outcomes, not lose-lose outcomes." Without a preliminary agreement, broad U.S. tariffs on most imports would rise from their current 10% to the rates set out by Trump on April 2. In the EU's case, that would be 20%. Von der Leyen also held talks with the leaders of Germany, France and Italy at the weekend, Germany said. Chancellor Friedrich Merz has repeatedly stressed the need for a quick deal to protect industries vulnerable to tariffs ranging from cars to pharmaceuticals. The German spokesperson said the parties should allow themselves "another 24 or 48 hours to come to a decision." Germany's Mercedes-Benz said on Monday its second-quarter unit sales of cars and vans had fallen 9%, blaming tariffs. Russia said BRICS was "a group of countries that share common approaches and a common world view on how to cooperate, based on their own interests." "And this cooperation within BRICS has never been and will never be directed against any third countries," said Kremlin spokesman Dmitry Peskov.
France 24
5 hours ago
- France 24
EU probes far-right political group over alleged misuse of funds
02:08 08/07/2025 France wildfire shuts down Marseille airport France 08/07/2025 UK-France: The tide of realpolitik rises as the sea of rhetoric fades on both sides of the Channel UK 08/07/2025 Why are French police struggling to curb migrant Channel crossings? France 08/07/2025 'Restatement of that historic commitment: Renegotiate important Franco-British bilateral agreements' UK 06/07/2025 The Seine closes for a day due to bad weather in Paris. France 05/07/2025 Tour de France gets under way on home soil for first time in five years France 05/07/2025 Title contenders Pogacar, Vingegaard eye Yellow Jersey France 05/07/2025 French cognac brands sales to China fell 70% France 05/07/2025 Seine reopens to Paris swimmers after century-long ban France
France 24
5 hours ago
- France 24
Trade tensions rise as U.S. targets South Africa
Africa 14:26 South African President Cyril Ramaphosa has strongly condemned Donald Trump's decision to impose a 30% tariff on South African goods, targeting 14 countries accused of unfair trade. Trump also threatened an additional 10% levy on nations working with BRICS. Ramaphosa calls it a misinterpretation of data. The tariffs could seriously harm South Africa's economy, as the U.S. remains its largest trading partner. Also, in Nigeria and Malawi, where clinical trials were conducted, the first drug specifically designed to treat malaria in babies and young children has just been approved. This approval could speed up its rollout across eight African countries. Finally, France's parliament has voted to return a historic drum to Ivory Coast, seized by French colonial forces over a century ago. This move follows President Macron's 2018 pledge to return stolen African artworks, but tens of thousands of objects remain in French museums.
