Aug 04 U.S. tariffs put 30,000 South African jobs at risk, officials say By Michelle Gumede, Associated Press South African authorities have warned that U.S. reciprocal tariffs could put an estimated 30,000 jobs at risk. The U.S. plans to impose a 30% tariff on South African goods, creating uncertainty for export industries. Continue reading
Jul 31 European Union expects 15% U.S. tariffs on Friday, but key document still not complete By Lorne Cook, Associated Press The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday. Continue reading
Jul 30 18 EU countries turn to new defense fund as U.S. no longer considers Europe’s security a priority By Associated Press Eighteen European Union countries have applied for billions of euros from a new defense fund aimed at helping Europe provide for its own security, the bloc’s executive branch said Wednesday, with Poland seeking more than a third of the money. Continue reading
Jul 28 Trump is getting the world economy he wants — but the risk to growth could spoil his victory lap By Josh Boak, Paul Wiseman, Associated Press Trading partners from the European Union to Japan to Vietnam appear to be acceding to the president’s demands to accept higher costs — in the form of high tariffs — for the privilege of selling their wares to the United… Continue reading
Jul 27 Watch 5:18 What to expect from the new U.S.-EU trade framework announced by Trump By Lisa Desjardins, Kaisha Young, Claire Mufson In Scotland on Sunday, Trump and the European Union announced a major trade deal between their two massive economies. The framework for the preliminary deal includes a 15% general tariff on most EU goods entering the U.S. while a 50%… Continue watching
Jul 27 WATCH: Trump and von der Leyen announce U.S.-EU trade framework By Will Weissert, Associated Press The United States and the European Union agreed on Sunday to a trade framework setting a 15% tariff on most goods, staving off — at least for now — far higher imports on both sides that might have sent shockwaves through economies around the… Continue reading
Jul 25 EU regulator approves injectable HIV drug that experts say could help stop transmission By Associated Press In 2024, studies suggested that lenacapavir, already used to treat people with HIV, was nearly 100% effective in stopping transmission in both women and men. Continue reading
Jul 24 After public outcry and EU criticism, Zelenskyy announces new anti-graft bill in Ukraine By Illia Novikov, Associated Press Opponents said the legal changes had reduced the independence of anti-corruption watchdogs. Zelenskyy unexpectedly revealed a draft bill on Thursday aimed at addressing those concerns. Continue reading
Jul 18 EU and UK hit Russia with new sanctions. Moscow’s energy revenue and spies are targeted By Lorne Cook, Associated Press Ukrainian President Volodymyr Zelenskyy welcomed the new measures, describing them as a “timely and necessary” step amid intensified Russian attacks. Continue reading
Jul 14 EU trade ministers call Trump’s 30% tariff ‘absolutely unacceptable,’ plan countermeasures By Sam McNeil, Associated Press The ministers met Monday in Brussels following Trump's surprise announcement of such hefty tariffs, which could have repercussions for governments, companies and consumers on both sides of the Atlantic. Continue reading