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Trump recommends 50% tariff on the European Union, starting 1st June

Trump recommends 50% tariff on the European Union, starting 1st June

US President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled. The steep new import duties would start on 1st June, Trump wrote on Truth Social. The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are going nowhere!”
Editor's choice
News
UK pauses trade talks and EU reviews relations as pressure grows on Israel to stop siege on Gaza

UK pauses trade talks and EU reviews relations as pressure grows on Israel to stop siege on Gaza

International pressure is mounting on Israel amid its renewed military operation in the Gaza strip, as both the United Kingdom and the European Union announced measures distancing themselves from the country on Tuesday. The United Kingdom paused trade negotiations with Israel and sanctioned West Bank settlers, as Britain’s top diplomat slammed Israel’s operation in Gaza as “morally unjustifiable” and “wholly disproportionate.” Meanwhile, the European Union announced that it would review its relationship with Israel, with the EU’s foreign policy chief calling the situation on the ground in Gaza “catastrophic.”

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Editor's choice
Editorial
Editorial: Give Ukraine and the other trio countries an EU membership perspective now

Editorial: Give Ukraine and the other trio countries an EU membership perspective now

A European Parliament resolution yesterday urged EU countries to work towards granting Ukraine EU candidate status. A membership perspective in the form of candidate status is not membership. It is a political signal that the door of membership is open, and an opportunity to focus minds on all the sides to start the long and laborious process of EU membership. Whilst the resolution of the European Parliament speaks only about Ukraine, the three trio countries should be given the membership perspective and candidate status simultaneously. All three are very determined in pursuing this path; all three have strong Association Agreements with the EU; and all three are under considerable Russian pressure. A membership perspective will strengthen the hand of those working for reforms in these countries. It will also send another message to Putin's Russia that its nefarious policy towards the neighbours has failed. Now is the right time to do that. Give Ukraine, Moldova and Georgia a membership perspective now! Give them candidate status and work with them to make this an achievable task within this decade.
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Commentary
A bad day for UN as Russia vetoes Security Council resolution; China, India and UAE abstain

A bad day for UN as Russia vetoes Security Council resolution; China, India and UAE abstain

For those who are believers in multilateralism and a rules based international system last night's developments in the UN Security Council were a dark and disappointing moment. The Council considered a resolution put forward by more than sixty UN member states, which strongly condemned Russia’s invasion of Ukraine and called on Moscow to withdraw its troops immediately and provide safe access for humanitarian relief work. Russia, which has veto power as one of five permanent members of the council, voted against it and vetoed it as was expected. Eleven countries voted in favour. There was disappointment that three countries - China, India and UAE - abstained.
Editor's choice
Opinion
Opinion: Why non-aligned Azerbaijan signed an alliance declaration with Russia

Opinion: Why non-aligned Azerbaijan signed an alliance declaration with Russia

The signing of the an allied cooperation declaration with Russia should not come as a surprise since official Baku has long been maneuvering between Moscow and the West as much as it is possible to preserve its own “red lines” in terms of national interests, writes Fuad Shahbazov.