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John Textor aims dig at Steve Parish as Crystal Palace wait on UEFA fate: 'Ask the guy driving the Ferrari'

John Textor aims dig at Steve Parish as Crystal Palace wait on UEFA fate: 'Ask the guy driving the Ferrari'

American businessman Textor has been frustrated at not being able to buy a majority stake in Palace, and has claimed the Eagles would have the 'ambition to climb the table' if he had been able to increase his influence.
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E.U. tariffs set to raise pasta and wine prices, threatening jobs on both sides of the Atlantic
E.U. tariffs set to raise pasta and wine prices, threatening jobs on both sides of the Atlantic

NBC News

time12 hours ago

  • NBC News

E.U. tariffs set to raise pasta and wine prices, threatening jobs on both sides of the Atlantic

Europe is sounding the alarm: Tariffs could soon be hitting wallets of people in the United States. The 30% tariffs on European Union imports, announced by President Donald Trump on Saturday, could be a 'death blow' to the European food industry and lead to price hikes for American consumers, the Italian winemakers association UIV said. 'The 30% tariff on wine … would be virtually an embargo on 80% of Italian wine,' the group added, according to a translated statement. Coldiretti, an association that represents European agricultural companies, said American consumers would likely face shortages or see price hikes for imported wine, cheese and pastas. And German industry association BDI called the escalation 'incomprehensible,' warning that it threatened jobs and investment worldwide. Germany is the top E.U. exporter to the U.S. Cars and other vehicles produced in the E.U. could also face increased prices. "The costs for our companies have already reached the billions—and with each passing day, the total continues to grow," the German auto trade group VDA told NBC News in a statement Monday. Those statements come after Trump sent a letter to the E.U. (and a separate one to Mexico) on Saturday threatening a blanket 30% tariff on goods shipped to the U.S. starting Aug. 1, an indication that ongoing trade negotiations have failed. After initially backing down from his 'Liberation Day' tariffs and promising trade deals with dozens of countries, Trump has steadily returned to his trade war posture, sending letters to countries around the world with ultimatums and tariff rates from 20% to 40%. President Emmanuel Macron of France, a key source of U.S. food and wine exports, said Saturday he strongly disapproved of the 30% tariff and urged the E.U. to speed up 'the preparation of credible countermeasures.' He said trading partners such as the U.S. and Europe 'owe each other' respect. In 2024, the U.S. was the top destination for E.U. exports. The top exported products from the E.U. to the U.S. last year were medical and pharmaceutical products, medicines, motor vehicles and machinery, according to Eurostat. Trump has threatened sector-specific tariffs on pharmaceutical products, although it's not clear when those might be unveiled. Ireland's deputy prime minister and foreign minister Simon Harris, one of the first E.U. leaders to react to Trump's Saturday letter, said 'there is no necessity to escalate the situation.' Harris said he planned to meet with the U.S. ambassador to Ireland on Monday to discuss the situation. Ireland is the top source of U.S. pharma imports from the E.U., and serves as the European headquarters of Apple, Google, Microsoft and Meta. Speaking in Brussels on Monday after a meeting of E.U. trade ministers, the European Commission's top trade negotiator, Maros Šefčovič, said the 30% tariff 'is absolutely unacceptable. That is the level which is absolutely prohibitive to any trade.' Last year, the total value of E.U.-U.S. trade amounted to nearly $2 trillion. Some are still expressing hope for a deal. 'The clear impression was that we were very, very close in agreement in principle,' Denmark's foreign minister said Monday after the trade ministers meeting. 'Unfortunately, it wasn't possible due to this presidential letter, but it is still our major vision that we should reach an agreement, but we also want to send signal that it must be a fair deal for everybody.' For its part, the E.U. has delayed any countermeasures — or retaliatory tariffs against the U.S. — but it currently has more than $100 billion of retaliatory tariffs on standby. Some of that retaliation targets goods and produce from politically sensitive U.S. states, such as soybeans from House Speaker Mike Johnson's home state of Louisiana or bourbon from Kentucky. Other retaliatory tariffs could target Boeing planes and U.S.-built vehicles. The American Chamber of Commerce in the E.U. said it was 'concerned' about the tariffs that it said would 'generate damaging ripple effects across all sectors of the EU and US economies.' The group added that 'tariffs disrupt supply chains and add costs and complexity for businesses on both sides of the Atlantic.' Despite the major escalation, Šefčovič said that he planned to speak with his American counterparts, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, on Monday to keep negotiations going.

Minister lays out £350 million plan to fund Jersey's health and infrastructure needs over five years
Minister lays out £350 million plan to fund Jersey's health and infrastructure needs over five years

ITV News

time14 hours ago

  • ITV News

Minister lays out £350 million plan to fund Jersey's health and infrastructure needs over five years

A Jersey Government minister has revealed proposals to invest £350 million across the health service and infrastructure developments. Talking exclusively to ITV News, Deputy Tom Binet says Project Breakwater is a five-year plan to tackle "critical" shortfalls in funding, with £220 million allocated for infrastructure needs such as the regeneration of Fort Regent and the town centre market, and a long-term commitment to European flights. The remaining £130 million will go towards overhauling the health service's digital systems and measures to prevent illness. Ideas for where to get the money from will appear in the Budget later this year but could include borrowing, dipping into savings and new medical charges. Speaking about the issues across infrastructure and health, Deputy Binet says: "Both of these areas have been badly underinvested in over the last ten years. "I'm very determined that we press for this money and commit to it properly. "Some of it might have to come from savings ... we do have a strategic reserve which we may or may not look at borrowing against. There are a number of different options." Highlighting the importance of increased funding, Deputy Binet adds: "It's critical. If we don't, we're just building up a lot of trouble for the future. We've identified, particularly in health, what needs to be done and have a very clear vision to make it right. "I think the savings are being delivered as aggressively as we possibly can; there's only so much you can do in terms of cuts against a background of making sure patient safety isn't compromised." He acknowledges the plans may have to be flexible, perhaps cutting out the "nice to haves" to reduce the overall cost slightly or extending the five-year funding period. US President Donald Trump has already put a dampener on the Government's previous hope to raise £52 million a year from taxing the biggest multinational companies at 15%, by seeking to exempt American businesses. Deputy Binet has also faced tough conversations with the Council of Ministers. He explains: "It's not all easy going because every department wants money but I made the point that it's not my health service, it's the island's. "I'd just ask everybody in the Assembly what type of system they want for their own family. "People need some hope and that's what we're trying to produce."

Brothel introduces 50% ‘Trump tax' on American customers – sending price of ‘full service' sky high in tit-for-tat move
Brothel introduces 50% ‘Trump tax' on American customers – sending price of ‘full service' sky high in tit-for-tat move

Scottish Sun

time15 hours ago

  • Scottish Sun

Brothel introduces 50% ‘Trump tax' on American customers – sending price of ‘full service' sky high in tit-for-tat move

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A BRAZILIAN brothel has slapped a steamy 50 per cent tax on its American customers in response to Donald Trump's sweeping tariffs. Cabare Thatys Drinks, a sex bar in the city of Fortaleza, added the so-called "Tarifa do Trump" in a tit-for-tat move, sending the cost of a night of 'full service' soaring. Sign up for Scottish Sun newsletter Sign up 5 The receipt with from a cabaret with the 50 per cent 'Trump Tax' added as their client was American Credit: Newsflash 5 The US client was hit with an additional £14.01 on top of the standard £33.35 for a 'full service' Credit: Shutterstock 5 The move was made in response to Trump's 50 per cent tariff on all Brazilian goods Credit: AFP It came just after the US president imposed a punishing 50 per cent import duty on all Brazilian goods last Wednesday. The retaliatory charge was revealed on a handwritten bill issued to an unnamed US punter, who was hit with an additional £14.01 on top of the standard £33.35 for a 'Programa' — local slang for full service. With extras including five beers and a condom, the final bill totalled £55.36. The move has gone viral on social media, with the bill racking up nearly 150,000 retweets within hours of being posted on Friday. Read more on Trump DON THE ATTACK 'Really p****d' Trump gives Putin 50-day deadline to make peace Mocking the policy, Brazilian political group Youth for Democracy said: 'Retaliation to the US has already begun in Fortaleza! 'A more patriotic establishment than Congress!' One user defended the brothel's bold pricing, adding: 'I will defend the establishment, it is all within the consumer law. 'And within the law of reciprocity!' The cheeky tax comes amid an escalating global trade row ignited by Trump's surprise tariffs. Trump says US will send Patriot missiles to Ukraine Just days before the brothel bombshell, the president imposed 50 per cent tariffs on Brazilian copper and other exports, citing 'national security' concerns and Brazil's handling of a criminal case involving ex-president Jair Bolsonaro. Despite the US running a trade surplus with Brazil, National Economic Council Director Kevin Hassett defended the move, saying it was part of a broader plan to 'onshore production' and reduce trade dependence in case of a 'national emergency.' But Trump hasn't stopped at Brazil, which is America's second largest Latin American trading partner. He's also slammed the EU and Mexico with fresh tariffs — 30 per cent on imports starting August — triggering outrage across Western capitals. European Parliament trade chief Bernd Lange branded the move 'brazen and disrespectful,' calling it 'a slap in the face.' EU Commission President Ursula von der Leyen warned the tariffs would 'disrupt essential transatlantic supply chains,' and said countermeasures were being prepared. Italian PM Giorgia Meloni's office said in a statement: "We trust in the goodwill of all players in the field in order to reach a fair agreement that can strengthen the West as a whole, given that - particularly in the current scenario - it would make no sense to trigger a trade clash between the two sides of the Atlantic. "It is now crucial to remain focused on the negotiations, avoiding polarisations that would make reaching an agreement more complex." Mexican President Claudia Sheinbaum, meanwhile, urged diplomacy, saying she hoped to negotiate a deal before the tariffs hit. Trump's fiery tariff strategy has become a cornerstone of his presidency redux, targeting even long-time allies like Canada, Japan, and South Korea. His administration argues the tariffs will boost U.S. manufacturing, protect supply chains, and strengthen the economy. 5 The cheeky scheme took place at a brothel in the Brazilian town of Fortaleza Credit: Getty

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