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News.com.au
2 days ago
- News.com.au
Trump, EU chief to meet Sunday in push for trade deal
EU chief Ursula von der Leyen and US President Donald Trump said Friday they would meet in Scotland this weekend in a decisive push to resolve a months-long transatlantic trade standoff. In a drive to slash his country's trade deficits, Trump has vowed to hit dozens of countries with punitive tariff hikes if they do not hammer out a pact with Washington by August 1. The EU -- which is facing an across-the-board levy of 30-percent -- has been pushing hard for a deal with Trump's administration, while also planning retaliation should talks fall short. Von der Leyen first announced the meeting, writing on X: "Following a good call with POTUS, we have agreed to meet in Scotland on Sunday to discuss transatlantic trade relations, and how we can keep them strong." Arriving on UK soil late Friday, Trump confirmed he would meet the head of the European Commission, which has been negotiating with Washington on behalf of the 27-nation bloc. "I'll be meeting with the EU on Sunday, and we'll be working on a deal," he told reporters as he touched down at Prestwick Airport near Glasgow. "Ursula will be here -- a highly respected woman. So we look forward to that," Trump said. "We'll see if we make a deal," added the president -- who reiterated earlier comments saying the chance of a deal was "50-50", with sticking points remaining on "maybe 20 different things." "But we're meeting ... with the European Union. And that would be, actually, the biggest deal of them all, if we make it," he said. The high-level meeting follows months of negotiations between top EU and US trade officials, and days of signals suggesting the sides were moving towards an agreement. According to multiple European diplomats, the agreement under consideration would involve a baseline 15-percent US levy on EU goods -- the same level secured by Japan this week -- and potential carve-outs for critical sectors. Von der Leyen's spokesperson Paula Pinho said "intensive negotiations" had been taking place at technical and political level in the run up to Sunday's meeting. "Leaders will now take stock and consider the scope for a balanced outcome that provides stability and predictability for businesses and consumers on both sides of the Atlantic," she said. - 'In Trump's hands' - Hit by multiple waves of tariffs since Trump reclaimed the White House, the EU is currently subject to a 25-percent levy on cars, 50 percent on steel and aluminium, and an across-the-board tariff of 10 percent, which Washington threatens to hike to 30 percent in a no-deal scenario. The EU wants to avoid sweeping tariffs inflicting further harm on the European economy -- already suffering from sluggish growth -- and damaging a trading relationship worth an annual 1.6 trillion euros ($1.9 trillion) in goods and services. EU member states gave the European Commission a mandate to pursue a deal to avoid hefty US tariffs, with retaliation held out as a last resort if talks fail. Seeking to keep up the pressure in the final stretch of talks, EU states on Thursday backed a package of retaliation on $109 billion (93 billion euros) of US goods including aircraft and cars -- to kick in in stages from August 7 if there is no deal. Most states prefer a deal to no deal -- even with undesirable levies of 15 percent -- but exemptions are key, with aircraft, steel, lumber, pharmaceutical products and agricultural goods under discussion, diplomats said. Concerning steel, diplomats say a compromise could allow a certain quota to enter the United States, with amounts beyond that taxed at 50 percent. Since launching its tariffs campaign, Trump's administration has so far unveiled just five agreements, including with Britain, Japan and the Philippines. While EU hopes have been rising for a deal, the approaching August 1 deadline also comes with a sense of deja-vu: earlier this month, EU officials also believed they were on the cusp of a deal, before Trump hiked his tariff threat to 30-percent. "The final decision is in the hands of President Trump," an EU diplomat stressed this week.
News.com.au
2 days ago
- News.com.au
Iran says it held 'frank' nuclear talks with European powers
Iranian diplomats said they held "frank and detailed" nuclear talks on Friday with counterparts from Germany, Britain and France, who have threatened to trigger sanctions if Tehran fails to agree a deal on uranium enrichment and cooperation with UN inspectors. The meeting in Istanbul was the first since Israel launched an attack on Iran last month targeting key nuclear and military sites, sparking a 12-day war and leading Tehran to pull away from working with the UN watchdog. The European diplomats were seen leaving the Iranian consulate shortly before 1100 GMT after spending several hours inside. Israel's offensive -- which killed top commanders, nuclear scientists and hundreds of others and in which residential areas and military sites were struck -- also derailed US-Iran nuclear talks that began in April. Since then, the European powers, known as the E3, have threatened to trigger a so-called "snapback mechanism" under a moribund 2015 nuclear deal that would reinstate UN sanctions on Iran by the end of August. The sanctions trigger expires in October, and Tehran has warned of consequences should the E3 opt to activate it. Iran's Deputy Foreign Minister Kazem Gharibabadi, who attended the talks alongside senior Iranian diplomat Majid Takht-Ravanchi, wrote on X he had used the meeting to criticise the European stance on the 12-day conflict with Israel. He said the snapback mechanism had also been discussed, adding: "It was agreed that consultations on this matter will continue." Before the talks, a European source said the three countries were preparing to trigger the mechanism "in the absence of a negotiated solution". The source urged Iran to make "clear gestures" on uranium enrichment and the resumption of cooperation with the UN nuclear watchdog. - 'Common ground' - Gharibabadi warned earlier in the week that triggering sanctions -- which would deepen Iran's international isolation and place further pressure on its already strained economy -- would be "completely illegal". He accused European powers of "halting their commitments" under the 2015 deal, which the United States unilaterally withdrew from in 2018 during President Donald Trump's first term. "We have warned them of the risks, but we are still seeking common ground to manage the situation," said Gharibabadi. Iranian diplomats have previously warned that Tehran could withdraw from the global nuclear non-proliferation treaty if sanctions were reimposed. Israeli Foreign Minister Gideon Saar has urged European powers to trigger the mechanism. Israel's June 13 attack on Iran came two days before Tehran and Washington were scheduled to meet for a sixth round of nuclear negotiations. On June 22, the US joined Israel's offensive by striking Iranian nuclear facilities at Fordo, Isfahan, and Natanz. Before the war, the US and Iran were divided over uranium enrichment -- Tehran describing it as a "non-negotiable" right, Washington calling it a "red line". The International Atomic Energy Agency (IAEA) says Iran is enriching uranium to 60 percent purity -- far above the 3.67 percent cap under the 2015 deal and close to weapons-grade levels. Tehran has said it is open to discussing the rate and level of enrichment, but not the right to enrich uranium. A year after the US withdrew from the nuclear deal, Iran began rolling back its commitments, which had placed restrictions on its nuclear activities in exchange for sanctions relief. Israel and Western powers accuse Iran of pursuing nuclear weapons, a charge Tehran has repeatedly denied. - 'New form' - Iran insists it will not abandon its nuclear programme, with Foreign Minister Abbas Araghchi describing the position as "unshakable". Though he claimed enrichment had come to a halt because of "serious and severe" damage to nuclear sites caused by US and Israeli strikes. The full extent of the damage sustained in the US bombing remains unclear. Trump claimed at the time the sites had been "completely destroyed", but US media reports based on Pentagon assessments cast doubt on the scale of destruction. Since the 12-day war, Iran has suspended cooperation with the IAEA, accusing it of bias and failing to condemn the attacks. Inspectors have since left the country but a technical team is expected to return in the coming weeks after Iran said future cooperation would take a "new form". Israel has warned it may resume strikes if Iran rebuilds facilities or moves toward weapons capability. Iran has pledged a "harsh response" to any future attacks. bur-jxb/rmb
News.com.au
4 days ago
- News.com.au
Private healthcare giant Ramsay shuts psychology clinics
The country's biggest private hospital company will shut the majority of its psychology clinics in a matter of months. Ramsay Health Care notified staff of the closure of 17 of its 20 clinics earlier this month. The three remaining clinics are in the Newcastle suburb of Charlestown, in Perth's northern suburbs, and in Cairns. 'We understand this change might be unsettling and we are working closely with our psychologists to ensure every client is supported and has continuity of care, whether through our existing and expanded Telehealth service or with another trusted provider, depending on what is clinically appropriate,' a spokesperson said. 'This change is part of Ramsay's broader strategy to strengthen how we deliver high-quality, accessible and connected care across hospital, home and virtual settings.' Only Ramsay's community-based psychology clinics are closing, not its hospital mental health services or inpatient and day programs. Federal Greens leader Larissa Waters said half of Australians who needed mental health support already could not get it. 'The waiting lists are huge, and so it's devastating to see that a private healthcare operator is going to close down yet more facilities, and where are those people going to go?' she said. 'Health care shouldn't be for profit, and it shouldn't be how much money you've got on your credit card to enable you to get the health care that you need. 'So it's a real shame that profit seems to be driving this outcome that will have a real impact.' Ramsay Health is listed on the Australian sharemarket and valued at $8.9bn. The company's share price is down 16 per cent over the past 12 months. In August, Ramsay Health Care reported a nearly triple full-year profit of $888.7m, up from $298.1m the year before. The large return was mostly due to the sale of Ramsay's stake in Ramsay Sime Darby, which owns hospitals in Malaysia and Indonesia. The financial results gave shareholders an 80 cent dividend per share across the financial year. 'The government should be providing healthcare services as a universal right of all Australians, and it shouldn't be whether or not a private company's profit margin is going to work to determine the outcomes for Australians' access to mental health care,' Ms Waters said. The 17 clinics are being shut progressively until the final one closes the doors permanently by the end of August. Four Melbourne clinics are being shut, three in Sydney will close, two in Perth will shut, and single clinics on the Sunshine Coast, Ipswich, the Gold Coast, NSW's Central Coast and Wollongong will close. 'After careful consideration, we are transitioning Ramsay Psychology to a more flexible and sustainable model, which includes the progressive closure of 17 clinics by the end of August,' the Ramsay spokesperson said. 'Three clinics, in Cairns (QLD), Charlestown (NSW) and Joondalup (WA), will remain open to support local needs, maintain key partnerships and pilot more integrated models of care. 'Ramsay Health Care is reshaping how it delivers community-based mental health support to better meet the evolving needs of clients and clinicians.' The National Mental Health Commission's National Report Card was also released on Thursday, the same day as news of the Ramsay closures broke. Health commission chief executive David McGrath said fewer and fewer people could afford mental health care. 'We have also seen a steady rise in financial stress and in the proportion of people in Australia delaying mental health care due to cost in the last four years,' Mr McGrath said in the report. 'Disappointingly, many social factors impacting mental health are not showing improvement (e.g. loneliness and experiences of discrimination) and positive experiences of mental health care have remained stable.' People were feeling less secluded than in the previous year, the commission found, and more people were getting help now than in 2007. 'However, there is no question there is a long way to go – our younger generations continue to report heightened psychological distress and financial stress and have a much higher prevalence of mental health challenges relative to the rest of the population,' Mr McGrath said.
