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Sunday, 27 July 2025
Economy

EU to face higher US tariffs than UK

EU to face higher US tariffs than UK

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Today’s agenda: Apple in conversation with Formula 1; UK improvement on council expenses; Gaza aid is being rebuilt; US government job cut scheme; Euro’s double -edged sword; And the fastest continent in the world


Good morning. We start in Brussels, where the European Union talks are closing on a business deal with Donald Trump, which will strengthen higher tariffs than those given to Britain, a braxitable dividend that has incited some European capitals.

European Union’s inferior deal: Brussels is ready to sign a temporary “framework” agreement, which sets the “mutual” tariff of the US President to 10 percent, while the talks continue, corresponds to the baseline duty imposed on the UK. The diplomat said that the European Union is not expecting equal access to the US market on products under regional duties. Trump is also demanding 17 percent tariffs on European Union Agricultural Products.

“The UK agreement was better,” said a diplomat. “It’s surprising how long we have interacted.”

Contrasting Styles: The European Union negotiators are scolded on their approach during the conversation by both business and some European capitals.

When London made the first deal in May, the European Union diplomats and officials clarified that they believe that London jumped on an agreement and shut down in harmful terms. Brussels were more convinced that its major economic dominance over time would take advantage of it, but it has hesitated to retaliate against American measures.

Britain’s Prime Minister Sir Kire Stmper, on the contrary, quickly moves forward on a deal. A British official said: “We have approached it like a business deal which is not a business conversation.” Read how the UK approach may have increased it,

What else are we doing here today:

  • Economic Data: OECD publishes its employment outlook report.

  • Central bank: The Bank of England publishes its annual financial stability report twice. Philip Lane, members of the ECB Executive Board, give a speech on the monetary policy agenda at Brussels. In the US, the Federal Open Market Committee released minutes from its June meeting.

  • UK: British Prime Minister Kir meets for the stormer and French President Emmanuel Macron UK-France Summit,

How can Africa grow with shift in cleaner energy? Register for free Today to join policy makers, experts and leaders in an online discussion.

Five more top stories

1. Exclusive: Apple Screen is interacting to get American rights for Formula 1 In a challenge for Disney’s ESPN – the current American broadcaster of the race car chain. Ruchi from Tech Group follows the success of her film F1, Brading Brad Pitt at the box office. What’s here Can look like a deal,

2. Exclusive: Reform is planning to attack UK Council’s “broken” system Expenditure On special educational requirements, as part of its alone musca-inspired cost-cutting initiative, is based on an issue that is already Threatening Labor party of Sir Kir starrer.

3. Traders have resumed the assistance brought by the controversial new US-supported Gaza Humanitarian Foundation in GazaKills of people traveling to collect supply to fuel a black market with desperate deficiency and to give fuel to a black market. MalaikaNaaneh Tapper has more than Berut,

4. Russian long distance drones have killed five military draft offices in Ukraine In the last two weeks, officials believe Soldiers are being mobilized To fight the Kremlin’s invasion.

5. The US Supreme Court has allowed Trump’s administration to proceed with job cuts It can reopen the federal government. Its Justice blocked the order of a lower court, in which federal employees were cut across the country, while the case went through the appeal process. Read immediate response for decision,

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