BRUSSELS (AP) – The EU will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.
WASHINGTON (AP) – In the past week, President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.
Excerpts from recent editorials in the United States and abroad:
BEIJING (AP) – China on Friday imposed anti-dumping duties on European brandy, most notably cognac produced in France, as trade tensions between Beijing and United States allies continue to rise. The tariffs, effective on Saturday, will range from 27.7% to 34.9%, China’s Commerce Ministry said.
Bitcoin has reached yet another all-time high, surpassing $118,000 for the first time on Friday – as a flood of money continues to move into spot bitcoin ETFs, all while U.S. President Donald Trump’s crypto-friendly influence makes its way through Washington.
PARIS (AP) – French prosecutors have launched a police investigation into alleged data tampering and fraud involving X, Elon Musk’s platform. The Paris prosecutor’s office, in a statement Friday, announced the opening of the investigation, and said that a branch of the French gendarmerie is conducting the inquiry.
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales.
LONDON (AP) – TikTok is facing a fresh European Union privacy investigation into user data sent to China. The previous investigation ended earlier this year with a 530 million euro ($620 million) fine after it found the video sharing app put users at risk of spying by allowing remote access their data from China.