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7 Shows Like ‘1923’ For ‘Yellowstone’ Fans Looking For More

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Number of dead in roof collapse at nightclub in Dominican Republic rises to 218

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EU will put tariff retaliation on hold for 90 days to match Trump’s pause

European Commission president Ursula von der Leyen said ‘we want to give negotiations a chance’.
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Chelsea star Caicedo’s car seized for ‘driving without valid licence’

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RT by @mikenov: Oil prices retreated 2% on Thursday as fears of a deepening U.S.-China trade war and a possible recession eclipsed earlier relief created by President Donald Trump’s announcement of a 90-day pause on some tariffs against most countries. reuters.com/business/energ…

Oil prices retreated 2% on Thursday as fears of a deepening U.S.-China trade war and a possible recession eclipsed earlier relief created by President Donald Trump’s announcement of a 90-day pause on some tariffs against most countries. reuters.com/business/energ…
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Cognitive test looms large over Trump physical exam

President Donald Trump will undergo his first physical examination of his second administration on Friday, and questions about cognitive testing hang in the balance. “I am pleased to report that my long scheduled Annual Physical Examination will be done at Walter Reed Army Medical Center on Friday of this week,” the president wrote on Truth […]
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Ministers under pressure to nationalise British Steel if crisis talks fail

Business committee chair joins calls for Scunthorpe steelworks to be taken into public ownership

The government is under mounting pressure to nationalise British Steel if crunch talks aimed at a rescue deal fail, as the chair of the influential business committee added his voice to those calling for the Scunthorpe steelworks to be taken into public ownership.

Ministers are on Thursday expected to make a formal offer to Jingye, the Chinese owner of the company, which would result in taxpayers providing funding for the purchase of raw materials such as iron ore and coking coal for Scunthorpe’s blast furnaces.

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The E.U. Will Put Tariff Retaliation on Hold for 90 Days to Match Trump’s Pause

Belgium EU Norway Tariffs

BRUSSELS — The European Union’s executive commission said Thursday it will put retaliation measures on hold for 90 days to match President Donald Trump’s pause on his sweeping new tariffs on global trading partners and leave room for a negotiated solution.

European Commission President Ursula von der Leyen said that the commission, which handles trade for the bloc’s 27 member countries, “took note of the announcement by President Trump.”

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New tariffs on 20.9 billion euros ($23 billion) of U.S. goods will be put on hold for 90 days because “we want to give negotiations a chance,” she said in a statement.

But she warned: “If negotiations are not satisfactory, our countermeasures will kick in.”

Trump imposed a 20% levy on goods from the E.U. as part of his onslaught of tariffs of 10% and upward against global trading partners but said Wednesday he will pause them for 90 days to give countries a chance to negotiate solutions to U.S. trade concerns.

Countries subject to the pause will face Trump’s 10% baseline tariff.

Before Trump’s announcement, E.U. member countries voted to approve a set of retaliatory tariffs on $23 billion in goods in response to his 25% tariffs on imported steel and aluminum that took effect in March. The E.U., the largest trading partner of the U.S., described them as “unjustified and damaging.”

The E.U. tariffs were set to go into effect in stages, some on April 15 and others on May 15 and Dec. 1. The E.U. commission didn’t immediately provide a list of the goods.

Members of the E.U. — the world’s largest trading bloc — have said they prefer a negotiated deal to resolve a trade war that damages the economies on both sides. The bloc’s top trade official has shuttled between Brussels and Washington for weeks trying to head off a conflict.

The targeted goods are a tiny fraction of the 1.6 trillion euros ($1.8 trillion) in U.S.-E.U. annual trade. Some 4.4 billion euros in goods and services crosses the Atlantic each day in what the European Commission calls “the most important commercial relationship in the world.”

The E.U. has targeted smaller lists of goods in hopes of exerting political pressure and avoiding economic damage from a wider escalation of tit-for-tat tariffs.

The E.U. is also working on a further set of countermeasures in response to Trump’s blanket 20% tariff on all European goods, now suspended. That could include measures aimed at U.S. tech companies and the services sector as well as trade in goods.

Still, von der Leyen said that Europe intends to diversify its trade partnerships.

She said that the E.U. will continue “engaging with countries that account for 87% of global trade and share our commitment to a free and open exchange of goods, services, and ideas,” and to lift barriers to commerce inside its own single market.

“Together, Europeans will emerge stronger from this crisis,” von der Leyen said.

—McHugh reported from Frankfurt, Germany