-
Most equities rise after oil price plunge, US data in focus
-
Tom Kim defies jet-lag, Kho cards ace as Asian Games golf begins
-
Polar oceans transformed as warming melts ice habitats: research
-
Thai teen rocker Nene aims to tour, write music... and return to school
-
Lost shark becomes viral star in South Korea
-
Ivory Coast clamps down on harmful illegal gold rush
-
Dangote to launch $16bn refinery in Kenya
-
Nagoya mayor says sorry for Asian Games 'inconveniences'
-
North Korean leader 'extremely obese': Seoul spy agency
-
G20 trade officials meet under shadow of tariffs, overcapacity
-
Yankees and pope-backed White Sox start MLB playoffs with wins
-
India's fat dog vote goes viral
-
Malaysia's ex-PM Mahathir in hospital for observation
-
Asian Games crowds in spotlight as 998 see hosts in 50,000 stadium
-
'No limits': Marathon world record holder Sawe chasing history
-
The eight stadiums for the 2027 Rugby World Cup
-
Countdown begins to biggest-ever Rugby World Cup
-
Thieves swipe drugs under nose of Fiji police, swap with flour
-
Bangladesh women lose ground after quota reform
-
South Korea demands North apologise for DMZ mine blasts
-
Vietnam admits 'differing opinions' on Hanoi development
-
In Nepal's flood zone, teachers mourn students who never returned
-
Stocks temper gains as oil pares heavy losses, US data in focus
-
US Supreme Court lifts limits on third-country deportations
-
New Zealand denies breaching climate commitments to EU
-
Antonelli eager to 're-establish order' as F1 returns to Malaysia
-
Albert becomes youngest US scorer in 4-2 win over Chile
-
Paw-fect candidate: Australia finds new koala rescue dog
-
Pirate island's plunging population shows Greece's demographic decline
-
One third of world population exposed to harmful air pollution: monitor
-
With elections ahead, Latvia's Russian-speakers reject Moscow's help
-
North Korea denies South's claim it was apparently behind DMZ mine blasts
-
Brazil football clubs face massive sponsorship blow from betting ban
-
West Bank's violent settlers part of a new generation fuelled by ideology
-
ChatGPT maker wants to be the App Store for AI as safety concerns grow
-
US-led coalition ends mission in Iraq
-
Women fight fires and sexism in Indonesian Borneo
-
Pope-backed White Sox join Braves with MLB playoff wins
-
Forsling's OT blast lifts Florida over Carolina in NHL opener
-
NBA close to picking new $12-13bn Vegas team owners: report
-
Hurricane Polo sweeps over Mexico's Pacific coast, heads inland
-
LA28 Olympics torch relay to visit all 50 states
-
Grynspan pulls ahead in race to lead UN: diplomat
-
Spain brush aside Croatia in Nations League, England down Czechs
-
Trump touts AI boss pledge to self-regulate
-
Trump hails 'morally binding' AI self-regulation pledge
-
Oil down, but stocks lower as bond yields rise
-
Yamal inspires Spain to Croatia romp on World Cup homecoming
-
England break down stubborn Czechs to claim first Nations League win
-
UN to hold fourth informal poll of secretary-general candidates
Trump extends EU tariff deadline until July 9
US President Donald Trump said Sunday that he would pause his threatened 50 percent tariffs on the European Union until July 9, after a "very nice call" with EU chief Ursula von der Leyen.
Trump had threatened on Friday to invoke the steep tariffs as soon as June 1, saying talks with the European Union over his previous levies were "going nowhere."
Von der Leyen "just called me... and she asked for an extension on the June 1st date, and she said she wants to get down to serious negotiation," Trump told reporters before boarding Air Force One in Morristown, New Jersey.
"And I agreed to do that," he added.
Von der Leyen had earlier said on X that she held a "good call" with Trump, but that "to reach a good deal, we would need the time until July 9."
"Europe is ready to advance talks swiftly and decisively," said the president of the European Commission, which conducts trade policy for the 27-nation bloc.
Brussels and Washington have been negotiating in a bid to avert an all-out transatlantic trade war, and had agreed to suspend tariff action on both sides until July.
But Trump's threat on Friday dramatically raised the stakes.
The US leader said Friday he was "not looking for a deal" with the EU, repeating his oft-stated view that the bloc was created to "take advantage" of the United States.
German Finance Minister Lars Klingbeil separately on Sunday called for "serious negotiations" with Washington, saying he had spoken with his US counterpart Scott Bessent about the matter.
"We don't need any further provocations, but serious negotiations," Klingbeil, who is also Germany's vice chancellor, told Bild newspaper.
"The US tariffs endanger the US economy just as much as the German and European economy," Klingbeil warned.
Trump has hit the bloc with three sets of tariffs: 25 percent on steel and aluminium and on automobiles, followed by a 20-percent "reciprocal" levy on all imports -- which has been suspended pending talks, though a baseline 10 percent remains in force.
The EU's trade chief Maros Sefcovic, who held talks with his US counterparts on Friday, responded to Trump's latest outburst by saying the bloc was "committed to securing a deal" but that trade ties should be based on "mutual respect, not threats".
Brussels has announced plans to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs if negotiations fail to produce a deal.
The US trade deficit in goods with the European Union was $236 billion in 2024.
But when taking account of services, where American firms are dominant, the European Commission calculates that the US trade deficit stood at 50 billion euros ($57 billion).
D.Schlegel--VB