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Trump's tariff threats and delays: state of play
US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August -- but unveiled new copper duties and increased levies on Canada and Brazil. The hike would have taken effect on July 9 but Trump postponed it, marking a second delay since their shock unveiling in April.
IEA sees anaemic global oil demand growth amid tariff turmoil
Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff threats suffering drops, the IEA said Friday.
The main moments of Paris Couture Week
Paris Haute Couture Week has wrapped up after four days of shows that featured the end of an era at Balenciaga, the start of a new one at Maison Margiela, and some surprise appearances and absences. Belgian Glenn Martens debuted at Maison Margiela the same day.
Defence, joint debt and farmers: EU draws budget battle lines
When the European Union unveils its long-term spending proposals next week, it will kick off the bloc's biggest budget battle in recent history. Von der Leyen this week vowed to support Ukraine "until 2028 and beyond, when the new European budget kicks in".
Danes reluctant to embrace retirement at 70
On paper, Kirsten Evans is among the first group of Danes who have to wait until age 70 to retire with a full pension, but she has no intention of waiting that long. But those born after December 31, 1970 -- including Evans -- will have to wait until age 70.
London's Heathrow eyes higher fees for £10bn upgrade
London's Heathrow Airport on Friday said it plans to invest £10 billion ($14 billion) over the next five years in upgrades to boost passenger numbers, largely funded by higher charges to airlines. Of the £10 billion, £2 billion will come from shareholders, while the remainder will be financed through higher charges paid by airlines -- costs that are often passed on to passengers.
Trump threatens Canada with 35 percent tariff rate starting Aug 1
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney. The letter on Thursday came despite what had been warming relations between Trump and Carney, who has been faced with his counterpart's regular musings that Canada should become the 51st US state.
China's economy likely grew 5.2% in Q2 despite trade war: AFP poll
China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.
Traders brush off new Trump threats to extend stocks rally
Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump's latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies. Analysts say traders now expect a deal or another delay, while investors appear to be waiting until a deal is done or the tariffs kick in.
AFP
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