Connect with us

Published

on

The United States and European Union have agreed a trade deal, says Donald Trump.

The announcement was made as the US president met European Commission chief Ursula von der Leyen at one of his golf resorts in Scotland.

Speaking after talks in Turnberry, Mr Trump said the EU deal was the “biggest deal ever made” and it will be “great for cars”.

The US will impose 15% tariffs on EU goods into America, after Mr Trump had threatened a 30% levy.

He said there will be an EU investment of $600bn in the US, the bloc will buy $750bn in US energy and will also purchase US military equipment.

Mr Trump had earlier said the main sticking point was “fairness”, citing barriers to US exports of cars and agriculture.

He went into the talks demanding fairer trade with the 27-member EU and threatening steep tariffs to achieve that, while insisting the US will not go below 15% import taxes.

More from World

For months, Mr Trump has threatened most of the world with large tariffs in the hope of shrinking major US trade deficits with many key trading partners, including the EU.

Ms von der Leyen said the agreement would include 15% tariffs across the board, saying it would help rebalance trade between the two large trading partners.

In case there was no deal and the US had imposed 30% tariffs from 1 August, the EU has prepared counter-tariffs on €93bn (£81bn) of US goods.

Ahead of their meeting on Sunday, Ms von der Leyen described Mr Trump as a “tough negotiator and dealmaker”.

Follow the World
Follow the World

Listen to The World with Richard Engel and Yalda Hakim every Wednesday

Tap to follow

This breaking news story is being updated and more details will be published shortly.

Please refresh the page for the latest version.

You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

Continue Reading

US

‘A BIG DAY FOR AMERICA!!!’ – Trump’s tariffs are back, and will affect dozens of countries

Published

on

By

'A BIG DAY FOR AMERICA!!!' - Trump's tariffs are back, and will affect dozens of countries

It is “Liberation Day” III – the third tariff deadline set by Donald Trump.

From today, countries without bilateral trade agreements face reciprocal tariffs – ranging from 25% to 50% – with a baseline of 15% to 20% for any not making a deal.

He has delayed twice, from April to July and from July to August, but hammered this date home in his trademark caps-on style: “THE AUGUST FIRST DEADLINE STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!”

“Will not be extended” for anyone but Mexico, it seems. The country secured a 90-day extension at the last minute, with Mr Trump citing the “complexities” of the border.

Please use Chrome browser for a more accessible video player

Explained: The US-UK trade deal

By close of business on the eve of deadline, he had a handful of framework deals – some significant – including the UK (10%), the EU, Japan and South Korea (15%), Indonesia and the Philippines (19%), Vietnam (20%).

On the EU agreement, which he struck in Scotland, the president said: “It’s a very powerful deal, it’s a big deal, it’s the biggest of all the deals.”

But what happened to the “90 deals in 90 days” touted by the White House earlier this year?

More from US

The short answer is they were replaced by letters of instruction to pay a tariff set by the US.

Please use Chrome browser for a more accessible video player

How Trump 2.0 changed the world

Amid of flurry of late activity, the US played hardball with major trading partners like Canada.

“For the rest of the world, we’re going to have things done by Friday,” said US Commerce Secretary Howard Lutnick – the “rest of the world” meaning everyone but China.

There is, apparently, the “framework of a deal” between the world’s two largest economies, but talks between Washington and Beijing are continuing.

Read more US news:
Top Trump officials to visit Gaza
Heavy rain and flash floods batter east coast

Please use Chrome browser for a more accessible video player

Worker begs America for help

In terms of wins, he can claim some significant deals and point to his tariffs having generated an impressive $27bn (£20.4bn) in June, not bad for a single month.

But the legality of the approach is under siege – with the US Court of International Trade ruling that the “Liberation Day” tariffs exceeded the president’s authority, with enforcement paused pending appeal.

The deadline has stirred the pot, forcing a handful of deals onto the table. Whether they stick or survive legal scrutiny is far from settled.

But the playbook remains the same – threaten the world with trade chaos, whittle it down, celebrate the wins, and pray no one checks what’s legal.

Continue Reading

US

US officials to make ‘highly unusual’ visit to Gaza – amid warnings of ‘politically manmade’ famine

Published

on

By

US officials to make 'highly unusual' visit to Gaza - amid warnings of 'politically manmade' famine

Two senior US officials will visit Gaza later today, amid growing concerns about the scale of the humanitarian crisis.

Donald Trump’s special envoy Steve Witkoff and US ambassador to Israel Mike Huckabee will inspect a food distribution site – and report back to the president immediately.

Our US correspondent David Blevins says the visit “is not unprecedented but is highly unusual … due to obvious security concerns and political sensitivities”.

He added: “I think it reflects the growing concern there is here in the United States about the scale of the humanitarian catastrophe.”

Steve Witkoff meets Israeli Prime Minister Benjamin Netanyahu on Thursday in a bid to salvage Gaza truce talks
Image:
Steve Witkoff met Benjamin Netanyahu in Jerusalem on Thursday. Pic: US embassy in Jerusalem

Aid workers on the ground have warned that a “politically manmade famine” is taking place in the territory.

Philippe Lazzarini, the head of the UN Relief and Works Agency for Palestinian Refugees, told The World With Yalda Hakim that “more and more people will continue to die” unless there is urgent change.

Donald Trump has expressed frustration at the lack of aid reaching Palestinians and has repeatedly blamed Hamas – but US government analysis has found no evidence that the militant group is systemically stealing supplies.

More on Donald Trump

He told reporters yesterday: “It’s terrible what’s occurring there. People are very hungry, you know.

“The United States gave $60m … for food. And, it’s a shame because … I don’t see the results of it. Part of the problem is Hamas is taking the money and they’re taking the food.”

Gaza latest: ‘Children are passing out from hunger’

Please use Chrome browser for a more accessible video player

Kids are ‘dying silently of hunger’

On Thursday, Mr Witkoff arrived in Israel and held discussions with Prime Minister Benjamin Netanyahu – the first meeting between the pair since both Israel and the US withdrew their negotiating teams from Qatar a week ago.

At the time, he claimed that Hamas “shows a lack of desire” to reach a truce.

Under heavy international pressure, Israel has paused fighting in parts of Gaza and airdropped food – although the volume of supplies remains far lower than what aid organisations say is needed.

Palestinians rush to collect humanitarian aid airdropped in central Gaza. Pic: AP
Image:
Palestinians rush to collect humanitarian aid airdropped in central Gaza. Pic: AP

While more aid trucks have entered Gaza, nearly all the lorries are stripped of their cargo by crowds of Palestinians desperate for food, or looted by armed gangs.

The alternative food distribution system run by the Israeli-backed Gaza Humanitarian Foundation has also been marred by violence.

Doctor Tom Adamkiewicz, a paediatrician working at Nasser Hospital in Gaza, told Sky News that the majority of the hospital’s patients have signs of malnutrition – and “many children are passing out literally during the day and injuring themselves”.

Please use Chrome browser for a more accessible video player

Gazan boy arrives in UK for treatment

Separately, German foreign minister Johann Wadephul also arrived in Israel on Thursday on a two-day trip that will also take him to the occupied West Bank.

Germany, traditionally a staunch ally of Israel, has been increasingly critical. Mr Wadephul warned that Israel is “increasingly finding itself in a minority position”.

But he stopped short of moving towards recognising a Palestinian state, something his allies France, the UK and Canada have vowed to do in September if certain conditions are met.

Read more world news:
Russian attack on Kyiv kills at least 14 people
‘China is preparing to invade Taiwan’

Follow The World
Follow The World

Listen to The World with Richard Engel and Yalda Hakim every Wednesday

Tap to follow

Meanwhile, Sweden’s prime minister has called on the EU to “freeze” its trade agreement with Israel – with Ulf Kristersson describing the situation in Gaza as “utterly deplorable”.

After visiting Gaza, Mr Witkoff will travel to Russia. He has held extensive talks in Moscow with Vladimir Putin in the past.

The US president has given his Russian counterpart until 8 August to reach a deal to halt the fighting in Ukraine, or else he will impose economic sanctions.

Continue Reading

US

Heavy rain and flash floods batter US east coast with emergency declared in New York

Published

on

By

Heavy rain and flash floods batter US east coast with emergency declared in New York

Heavy rain and floods are hitting parts of the US east coast, causing flight cancellations and leaving drivers stranded in cities including New York.

A total of almost 50 million people in the US are under flood watches, and states of emergency have been declared in New Jersey and New York City, with state workers being sent home early.

Airports in NYC, New Jersey and Philadelphia all reported significant flight delays and cancellations as the severe weather arrived on Thursday.

Flights leaving all three of New York’s largest airports are delayed, and all inbound flights are being held until conditions improve, Sky’s US partner NBC News reports.

Planes have also been grounded at airports in Washington DC and Baltimore, Maryland.

A major highway in the New York borough of Queens was closed in both directions, with traffic cameras and social media posts showing vehicles stranded in deep water.

Officials in New York have warned that heavy rain could also flood parts of the subway and basements.

People living in basements have been urged to move to higher floors and New Yorkers are being asked to avoid travel until Friday afternoon.

The commuter rail system into suburban Long Island suspended trains on one of its busiest lines as officials pleaded with people to stay at home.

“Stay home this evening unless it’s absolutely necessary for you to go out,” Nassau County executive Bruce Blakeman told Long Island residents.

Read more:
World’s oldest baby born in US
Gazan boy arrives in UK for urgent treatment

Please use Chrome browser for a more accessible video player

Earlier this month: Flash flooding on New York subway

Tornado warnings were also in place in New Jersey, and while no twisters were reported, more than 6,000 electricity customers have been left without power.

In some parts of Pennsylvania, National Weather Service warnings said there could be up to three inches of rain in just one hour, and a downpour flooded the streets of Reading.

Up to four inches of rain have fallen in parts of Maryland and Washington DC, and the heavy rain is continuing, NBC reports.

Flood and severe thunderstorm watches are in effect for parts of Pennsylvania until Friday, with four to six inches of rain possible in some areas.

Continue Reading

Trending