Deal or no deal? World leaders walk tightrope in tariff negotiations with Trump

Trading partners are at a loss as US president imposes and pauses steep duties with seemingly no rhyme or reasonIt was grip-and-grin time for Ursula von der Leyen as she sat across from Donald Trump in Scotland last week, with the two announcing a deal for 15% tariffs on European imports that would avert a transatlantic trade war – but came at a stiff price for the 27-country bloc.After committing to a unilateral US raise on tariffs that came on the heels of a Nato commitment to increase defense spending to 5% of national GDPs, von der Leyen then thanked Trump “for his personal commitment and his leadership to achieve this breakthrough”. Continue reading...

Comments

Business News

Indian businesses in SoCal brace for 25% tariff hike: 'More expensive to do business day by day'

LA Times

Mirror

Marrying a surgery resident has redefined how I think about relationships. Support is picking up the slack without keeping score.

about 2 hours ago

A 'seismic' 39% tariff on Switzerland is rocking the watch world, and even pre-owned Rolexes could see price hikes

insider

I'm 81 and work at Trader Joe's to help pay off $70,000 in debt and launch a business. I don't want to be treated like I'm an old person.

about 3 hours ago

I got a job within 30 days by sending personalized slide decks in place of cover letters. See how I did it.

insider

Comments

Similar News

Europe’s trade deal with the US was dead on arrival – it needs to be buried. Here’s how to do it | Georg Riekeles and Varg Folkman

American buys first Tesco meal deal and people have same comment about his choices

Euronext eyes Stock Exchange bid amid deals frenzy

ALEX BRUMMER: Donald Trump's deals are a global blow

Last wheat delivered to largest bioethanol plant under threat after trade deal

Recent global trade deals with the U.S. were secured with murky investments.

Last wheat delivered to largest bioethanol plant under threat after trade deal

Abbott Lyon launches huge deal that lets you snap up free jewellery worth more than £300

OpenAI Raises Another Funding Deal, From Dragoneer, Blackstone and More

Major boost for British steel with EU deal but still no confirmation over US tariffs

Boots No7 serum that sold 'one every seven seconds' now under £20 in 50% off deal

Travel cubes that 'make packing easier' slashed to 25p each with clever cashback deal

E.U. Did Not Retain Texts Sought by Journalists on Covid Vaccine Deal

Trump raises tariffs on Canada to 35% with no trade deal in sight

Morecambe set to go bust on Monday if takeover deal is not signed

Panama says it could take over ports as it threatens to upend $20B deal with BlackRock, MSC

These Are The Trump Tariffs Launching Friday: Far Short Of The 90 Promised Deals

Takeover frenzy shows faith in the UK economy, says Reeves, as Just Group is snapped up in £2.4bn deal

What happens on Aug. 1 if Canada can’t get a trade deal with Trump?

Trump extends deadline for tariff deal with Mexico by another 90 days

Business News

Indian businesses in SoCal brace for 25% tariff hike: 'More expensive to do business day by day'

185-year-old Bridgerton costumier Angels screens investors

How Scrubbing Your Social Media Could Backfire–And Even Hurt Your Job Prospects

River Island's new crossbody bag looks designer but costs less than £50

'I'm 38 and live in a retirement village - I can’t believe how cheap the rent is’

Savvy hack scores skincare shoppers Rodial anti-ageing buys for a fraction of their price

Alex Jones' 'comfy and flattering' Boden trousers are 'selling like hot cakes'

Debenhams half price £139 egg chair is 'so comfortable' people fall asleep in it

Marrying a surgery resident has redefined how I think about relationships. Support is picking up the slack without keeping score.

A 'seismic' 39% tariff on Switzerland is rocking the watch world, and even pre-owned Rolexes could see price hikes

My husband and I made a pact never to divorce, even when it felt impossible. 30 years later, I'm glad we stayed.

Job seekers say it's bleak out there &mdash; and now the data agrees

Pharrell's auction house sold a 'holy grail' watch collection for over $1 million. These are the 5 priciest pieces.

I left my job in tech and moved to Spain. Being alone in a foreign country is hard, but it's changed me for the better.

Palmer Luckey has Hilary Duff on his Spotify playlist. These are the tunes BI staff have on theirs.

The Godfather of AI thinks the technology could invent its own language that we can't understand

The Whitney: Sierra Leone And Fierceness Put Their Rivalry On The Line

XngHan Makes Post-RIIZE, Dance-Pop Solo Comeback With ‘Waste No Time’

I caved and ordered Our Place’s 13-piece bundle with a £175 saving– was it worth it?

River Island's new £56 weekend bag looks just like Louis Vuitton’s £3.5k holdall

Lorraine Kelly's makeup artist shares anti-ageing product from Boots for 'dewy' skin

Lidl issues teatime meal 'do not eat' warning and advises customers

Wall Street internship season is ending. What to do if you don't get a return offer.

'Fawning' is Gen Z's new fight-or-flight response

My mom and I have been taking the same summer vacation for 30 years. It's relaxing and cost-efficient.

What work looks like in your 80s for half a million Americans

I'm 81 and work at Trader Joe's to help pay off $70,000 in debt and launch a business. I don't want to be treated like I'm an old person.

I got a job within 30 days by sending personalized slide decks in place of cover letters. See how I did it.

Would you pay $2,500 a year to scan your entire body for hidden diseases?

How companies can RTO without sparking a wave of resignations and a surge in quiet quitting

Triangles, Crescents, Slivers: Can Odd-Shaped Lots Help Ease the Housing Crisis?

Trade Fueled Inequality. Can Trump’s Tariffs Reduce It?

India Will Buy Russian Oil Despite Trump’s Threats, Officials Say

After a Lag, Consumers Begin to Feel the Pinch of Tariffs

Jaguar CEO Adrian Mardell steps down after ‘woke’ rebrand sparked massive social media firestorm

You Are Perfect Just As You Are Says Generative AI

‘I destroyed my skin barrier but this peptide-fuelled night cream healed it in days’

'Great value’ Liz Earle worth £89 hailed 'brilliant for travel' has £60 off

'I tried 5 Skims-style shaping bodysuits and this £20 one was surprisingly the best'

Young Brits warned against using Buy Now Pay Later to fund everyday purchases

‘I’m a shopping writer and these are the holiday clothes I’d buy for under £30'

Bag a free room upgrade worth £200 on a 'perfect' 8-day trip to Sri Lanka

Next's £37 cardigan for great 'chilly summer days' shoppers love in all three colours

10 DWP health conditions offering monthly payments of £749

Debt repayment trick will wipe all your credit card balances

Tracking tag that’s cheaper and ‘more accurate’ than Apple AirTags helps track suitcases on holiday

'I saved hundreds on my wedding dress by copying Stacey Solomon's genius trick'

'This £20 bag is my secret to avoiding Ryanair and easyJet luggage fines'

'I’ve always struggled to find shorts that fit my curves until these £27.50 ones'

American buys first Tesco meal deal and people have same comment about his choices

Rarest 50p coin with 200k in circulation – and it's worth hundreds more than face value

HRMC update on letters going out over state pension back payments worth £8,300

8 ways to save £725 in time for Christmas with minimal effort

Do you have more points on your driving licence than your neighbours? Find out with our penalty postcode search tool

I dreamt of buying a €1 house in Italy - here's why I couldn't go through with it

Do YOU have trouble using apps for parking and NHS appointments? Campaigners call for offline options

Are YOU a pension planner, putting it off - or relying on your partner? Take our quiz

Job seekers say it's bleak out there — and now the data agrees