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Chinese and US officials wrapped the first day in a fresh round of talks in Stockholm on Monday, with the world’s top two economies looking to extend a fragile trade truce in the face of President Donald Trump’s global tariff war.The talks came a day after Trump reached a deal with the EU that will see the bloc’s exports to the United States taxed at 15 percent.The negotiations in Sweden concluded shortly before 8:00 pm (1800 GMT), with neither side offering details on their progress, although a US Treasury department spokesman said they were expected to resume on Tuesday.The United States and China earlier this year imposed triple-digit tariffs on each other in a tit-for-tat escalation, but then walked them back under a temporary agreement reached in May.The expiry of that 90-day truce falls on August 12, but there are indications they could use the Stockholm talks to push it back further.The South China Morning Post, citing sources on both sides, reported on Sunday that Washington and Beijing are expected to extend their tariff pause by a further 90 days.Under the existing accord, US duties on Chinese goods have temporarily been lowered to 30 percent, and China’s countermeasures slashed to 10 percent.Dozens of other countries, though, face a Trump deadline of Friday this week to seal deals with Washington or see US tariffs against them rise.Beijing said ahead of the Stockholm meeting that it wants to see “reciprocity” in its trade with the United States.Foreign ministry spokesman Guo Jiakun said Beijing favoured “consensus through dialogue” to “reduce misunderstandings, strengthen cooperation and promote the stable, healthy and sustainable development of China-US relations”.The negotiating teams in Stockholm were being led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Sweden.They were meeting in the Rosenbad building, home to the Swedish government. The Chinese and US flags were raised in front of it for the talks.- ‘Shift’ seen in US approach -The previous round of China-US talks was held in London.”There seems to have been a fairly significant shift in (US) administration thinking on China since particularly the London talks,” said Emily Benson, head of strategy at Minerva Technology Futures.”The mood now is much more focused on what’s possible to achieve, on warming relations where possible and restraining any factors that could increase tensions,” she told AFP.Talks with China have not produced a deal but Benson said both countries have made progress, with certain rare earth and semiconductor flows restarting.”Secretary Bessent has also signalled that he thinks a concrete outcome will be to delay the 90-day tariff pause,” she said. “That’s also promising, because it indicates that something potentially more substantive is on the horizon.”US-China Business Council president Sean Stein said the most important thing from Stockholm “is the atmosphere coming out”.”The business community is optimistic that the two presidents will meet later this year, hopefully in Beijing,” he told AFP.Other countries in Trump’s tariffs crosshairs have been parsing Washington’s negotiations with China and the European Union for clues on what options they might have.The US president has imposed a baseline 10-percent rate on most countries around the world, but has vowed to raise that from August 1 on certain nations if they do not make a deal.He has threatened to hike tariffs up to 50 percent on partners such as Brazil and India.Tariffs imposed by the Trump administration have already effectively raised duties on US imports to levels not seen since the 1930s, according to data from The Budget Lab research centre at Yale University.Trump has announced pacts so far with the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines, although details have been sparse.The EU unveiled a pact with Washington on Sunday while South Korea is rushing to strike an agreement.Breakthroughs have been patchy since Washington promised a flurry of agreements after unveiling — and then swiftly postponing — tariff hikes targeting dozens of economies in April.burs-ft/rlp

Chinese and US officials held a fresh round of talks in Stockholm on Monday, with the world’s top two economies looking to extend a fragile trade truce in the face of President Donald Trump’s global tariff war.The talks came a day after Trump reached a deal with the EU that will see the bloc’s exports to the United States taxed at 15 percent.The United States and China earlier this year imposed triple-digit tariffs on each other in a tit-for-tat escalation, but then walked them back under a temporary agreement reached in May.That expiry of their 90-day truce falls on August 12, but there are indications they could use the Stockholm talks to push it back further.The South China Morning Post, citing sources on both sides, reported on Sunday that Washington and Beijing are expected to extend their tariff pause by a further 90 days.Under the existing accord, US duties on Chinese goods have temporarily been lowered to 30 percent, and China’s countermeasures slashed to 10 percent.Dozens of other countries, though, face a Trump deadline of Friday this week to seal deals with Washington or see US tariffs against them rise.The Swedish prime minister’s office confirmed the China-US talks, which are expected to last two days, were under way.Beijing said ahead of the Stockholm meeting that it wants to see “reciprocity” in its trade with the United States.Foreign ministry spokesman Guo Jiakun said Beijing favoured “consensus through dialogue” to “reduce misunderstandings, strengthen cooperation and promote the stable, healthy and sustainable development of China-US relations”.The negotiating teams in Stockholm were being led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in Sweden.They were meeting in Rosenbad, a building that is home to the Swedish government. The Chinese and US flags were raised in front of it for the talks.- ‘Shift’ seen in US approach -The previous round of China-US talks was held in London.”There seems to have been a fairly significant shift in (US) administration thinking on China since particularly the London talks,” said Emily Benson, head of strategy at Minerva Technology Futures.”The mood now is much more focused on what’s possible to achieve, on warming relations where possible and restraining any factors that could increase tensions,” she told AFP.Talks with China have not produced a deal but Benson said both countries have made progress, with certain rare earth and semiconductor flows restarting.”Secretary Bessent has also signalled that he thinks a concrete outcome will be to delay the 90-day tariff pause,” she said. “That’s also promising, because it indicates that something potentially more substantive is on the horizon.”US-China Business Council president Sean Stein said the most important thing from Stockholm “is the atmosphere coming out”.”The business community is optimistic that the two presidents will meet later this year, hopefully in Beijing,” he told AFP.Other countries in Trump’s tariffs crosshairs have been parsing Washington’s negotiations with China and the European Union for clues on what options they might have.The US president has imposed a baseline 10-percent rate on most countries around the world, but has vowed to raise that from August 1 on certain nations if they do not deal.He as threatened hiked tariffs of up to 50 percent on partners such as Brazil and India.Tariffs imposed by the Trump administration have already effectively raised duties on US imports to levels not seen since the 1930s, according to data from The Budget Lab research centre at Yale University.Trump has announced pacts so far with the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines, although details have been sparse.The EU unveiled a pact with Washington on Sunday while South Korea is rushing to strike an agreement.Breakthroughs have been patchy since Washington promised a flurry of agreements after unveiling — and then swiftly postponing — tariff hikes targeting dozens of economies in April.burs-rmb/rl

Chinese and US economic officials met for talks in Stockholm on Monday, with Beijing saying it wanted to see “reciprocity” in its trade with the United States.The Swedish prime minister’s office confirmed the talks, which are expected to last two days, were under way.The talks came a day after US President Donald Trump reached a deal that will see imports from the European Union taxed at 15 percent and the clock ticking down for many countries to reach deals or face high US tariffs.Beijing said on Monday it hoped the two sides could hold talks in the spirit of “mutual respect and reciprocity”.Foreign ministry spokesman Guo Jiakun said Beijing sought to “enhance consensus through dialogue and communication, reduce misunderstandings, strengthen cooperation and promote the stable, healthy and sustainable development of China-US relations”.For dozens of trading partners, failing to strike an agreement in the coming days means they could face significant tariff hikes on exports to the United States come Friday, August 1.The steeper rates, threatened against partners like Brazil and India, would raise the duties their products face from a “baseline” of 10 percent now to levels up to 50 percent.Tariffs imposed by the Trump administration have already effectively raised duties on US imports to levels not seen since the 1930s, according to data from The Budget Lab research centre at Yale University.For now, all eyes are on discussions between Washington and Beijing as a delegation including US Treasury Secretary Scott Bessent meets a Chinese team led by Vice Premier He Lifeng in Sweden.In Stockholm, Chinese and US flags were raised in front of Rosenbad, the seat of the Swedish government.While both countries in April imposed tariffs on each other’s products that reached triple-digit levels, US duties this year have temporarily been lowered to 30 percent and China’s countermeasures slashed to 10 percent.But the 90-day truce, instituted after talks in Geneva in May, is set to expire on August 12.Since the Geneva meeting, the two sides have convened in London to iron out disagreements.- China progress? -“There seems to have been a fairly significant shift in (US) administration thinking on China since particularly the London talks,” said Emily Benson, head of strategy at Minerva Technology Futures.”The mood now is much more focused on what’s possible to achieve, on warming relations where possible and restraining any factors that could increase tensions,” she told AFP.Talks with China have not produced a deal but Benson said both countries have made progress, with certain rare earth and semiconductor flows restarting.”Secretary Bessent has also signalled that he thinks a concrete outcome will be to delay the 90-day tariff pause,” she said. “That’s also promising, because it indicates that something potentially more substantive is on the horizon.”The South China Morning Post, citing sources on both sides, reported Sunday that Washington and Beijing are expected to extend their tariff pause by another 90 days.Trump has announced pacts so far with the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines, although details have been sparse.An extension of the US-China deal to keep tariffs at reduced levels “would show that both sides see value in continuing talks”, said Thibault Denamiel, a fellow at the Centre for Strategic and International Studies.US-China Business Council president Sean Stein said the market was not anticipating a detailed readout from Stockholm: “What’s more important is the atmosphere coming out.””The business community is optimistic that the two presidents will meet later this year, hopefully in Beijing,” he told AFP.”It’s clear that on both sides, the final decision-maker is going to be the president.”For others, the prospect of higher US tariffs and few details from fresh trade deals mark “a far cry from the ideal scenario”, said Denamiel.But they show some progress, particularly with partners Washington has signalled are on its priority list like the EU, Japan, the Philippines and South Korea.The EU unveiled a pact with Washington on Sunday while Seoul is rushing to strike an agreement, after Japan and the Philippines already reached the outlines of deals.Breakthroughs have been patchy since Washington promised a flurry of agreements after unveiling, and then swiftly postponing, tariff hikes targeting dozens of economies in April.burs-rl/cw

The party is in Kenya, but the vibe is distinctly Americana: a sea of cowboy hats and boots with a soundtrack of whisky-soaked tales about heartbreak and good ol’ boys.Kenya has become the unlikely home of a growing country music scene, possibly the biggest in Africa, as testified by the thousands line-dancing in a field in the capital Nairobi this weekend for International Cowboys and Cowgirls Day. The festival crowd went wild for the king of the local country scene, “Sir Elvis” Otieno, as his deep baritone belted out classics like “Take Me Home, Country Roads” mixed with newer hits like “Down to the Honkytonk”.Sir Elvis’s parents named him after another musical monarch who died a few months before he was born in 1977, and then raised him on a diet of country legends like Jim Reeves and Alan Jackson.”When I started out it was a very tiny genre” in Kenya, he told AFP at the festival. “It’s a dream come true to see a crowd like this today.”There are links, he said, to local traditions, particularly the story-telling music of the Kikuyu tribe known as Mugithi.”Kikuyu folk music has the same kind of language, they draw from each other quite a bit,” said Sir Elvis. “It’s really crazy — so many thousands of miles apart, but the messaging is the same.”- ‘Life, love, hate, forgiveness’ -Anne Anene, 26, still remembers the song that turned her into a country music fan: Dolly Parton’s “Do I Ever Cross Your Mind?”. “Her songs always speak to me because they always have deep messages, and they usually tell a story of what I go through,” said Anene, a customer service representative for a health insurance firm. “I’ve always hoped to go to Texas or Nashville one day,” she added. “I’d like to visit the ranches, I like horse riding, I like the ranch kind of life — the quiet, the calm.”The clothes are also a big part of the appeal. The festival was organised by Reja Manyeki, who runs a clothing and events company called Cowboys and Cowgirls.It was still pretty niche when he opened in 2018 but “now people love country music. It touches all corners (of society).”We do cowboy-themed events, birthdays, weddings, end-of-year parties… Now everyone comes, even schools.”Big farming and Christian communities also make Kenya fertile ground for country and gospel music.First to perform at the festival was Samson Maombe who’s picked up millions of streams for his Swahili-language takes on Christian country tunes. But for “King George” Gustavo, lead MC of the festival, it’s the tales of everyday life that keep him hooked and ensures he listens to Alan Jackson “every single day”. “The lyrics speak to life, love, hate, forgiveness, cheating, drinking…” he said. “You identify with that, and then obviously there’s a bit of dancing.”Anene, the Dolly Parton fan, says country music is also an escape. “In this world full of confusion, full of drama, country music is the only thing that makes sense to me. It has made me find peace.”

The United States and the European Union clinched a trade agreement on Sunday that will see EU exports taxed at 15 percent, in a bid to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war.US President Donald Trump emerged from a high-stakes meeting with European Commission President Ursula von der Leyen at his golf resort in Scotland, describing the deal as the “biggest-ever”. The deal, which the leaders reached after an hour of talks, came as the clock ticked down on an August 1 deadline to avoid an across-the-board US levy of 30 percent on European goods.”We’ve reached a deal. It’s a good deal for everybody. This is probably the biggest deal ever reached in any capacity,” said Trump.Trump said a baseline tariff of 15 percent would apply across the board, including for Europe’s crucial automobile sector, pharmaceuticals and semiconductors.As part of the deal, Trump said the 27-nation EU bloc had agreed to purchase “$750 billion worth of energy” from the United States, as well as make $600 billion in additional investments.Von der Leyen said the “significant” purchases of US liquefied natural gas, oil and nuclear fuels would come over three years, as part of the bloc’s bid to diversify away from Russian sources.Negotiating on behalf of the EU’s 27 countries, von der Leyen had been pushing hard to salvage a trading relationship worth an annual $1.9 trillion in goods and services.”It’s a good deal,” the EU chief told reporters.”It will bring stability. It will bring predictability. That’s very important for our businesses on both sides of the Atlantic,” she said.She added that bilateral tariff exemptions had been agreed on a number of “strategic products”, notably aircraft, certain chemicals, some agricultural products and critical raw materials.Von der Leyen said the EU still hoped to secure further so-called “zero-for-zero” agreements, notably for alcohol, which she hoped to be “sorted out” in the coming days.Trump also said EU countries — which recently pledged to ramp up their defence spending within NATO — would be purchasing “hundreds of billions of dollars worth of military equipment.”- ‘Best we could get’ -The EU has been hit by multiple waves of tariffs since Trump reclaimed the White House.It is currently subject to a 25-percent levy on cars, 50 percent on steel and aluminium, and an across-the-board tariff of 10 percent, which Washington threatened to hike to 30 percent in a no-deal scenario.The bloc had been pushing hard for tariff carve-outs for critical industries from aircraft to spirits, and its auto industry, crucial for France and Germany, is already reeling from the levies imposed so far.”Fifteen percent is not to be underestimated, but it is the best we could get,” acknowledged von der Leyen.Any deal will need to be approved by EU member states — whose ambassadors, on a visit to Greenland, were updated by the commission Sunday morning. They were set to meet again after the deal struck in Scotland.German Chancellor Friedrich Merz rapidly hailed the deal, saying it avoided “needless escalation in transatlantic trade relations”.But German exporters were less enthusiastic. The powerful BDI federation of industrial groups said the accord would have “considerable negative repercussions” while the country’s VCI chemical trade association said the accord left rates “too high”.Ireland, one of the EU’s top exporters to the United States, said Sunday it welcomed the deal for bringing “a measure of much-needed certainty”, but that it “regrets” the baseline tariff, in a statement by its Department of Foreign Affairs and Trade.France’s minister for Europe, Benjamin Haddad, wrote on X on Monday that the agreement would provide “temporary stability… but it is unbalanced”.The EU had pushed for a compromise on steel that could allow a certain quota into the United States before tariffs would apply.Trump appeared to rule that out, saying steel was “staying the way it is”, but the EU chief insisted later that “tariffs will be cut and a quota system will be put in place” for steel.- ‘The big one’ -While 15 percent is much higher than pre-existing US tariffs on European goods, which average around 4.8 percent, it mirrors the status quo, with companies currently facing an additional flat rate of 10 percent.Had the talks failed, EU states had greenlit counter tariffs on $109 billion (93 billion euros) of US goods, including aircraft and cars to take effect in stages from August 7. Trump has embarked on a campaign to reshape US trade with the world, and has vowed to hit dozens of countries with punitive tariffs if they do not reach a pact with Washington by August 1.Asked what the next deal would be, Trump replied: “This was the big one. This is the biggest of them all.”burs-gv/yad/tc

After keeping Donald Trump happy with a pledge to up defence spending at NATO’s summit, Europe is now bracing for a key decision from the US president on the future of American forces on the continent.Washington is currently conducting a review of its military deployments worldwide — set to be unveiled in coming months — and the expectation is it will lead to drawdowns in Europe.That prospect is fraying the nerves of US allies, especially as fears swirl that Russia could look to attack a NATO country within the next few years if the war in Ukraine dies down. However, the alliance is basking in Trump’s newfound goodwill following its June summit in The Hague, and his officials are making encouraging noises that Europe will not be left in the lurch.”We’ve agreed to no surprises and no gaps in the strategic framework of Europe,” said Matthew Whitaker, US ambassador to NATO, adding he expected the review to come out in “late summer, early fall”.”I have daily conversations with our allies about the process,” he said.While successive US governments have mulled scaling back in Europe to focus more on China, Trump has insisted more forcefully than his predecessors that the continent should handle its own defence.”There’s every reason to expect a withdrawal from Europe,” said Marta Mucznik from the International Crisis Group. “The question is not whether it’s going to happen, but how fast.”When Trump returned to office in January many felt he was about to blow a hole in the seven-decade-old alliance.But the vibe in NATO circles is now far more upbeat than those desperate days.”There’s a sanguine mood, a lot of guesswork, but the early signals are quite positive,” one senior European diplomat told AFP, talking as others on condition of anonymity.  “Certainly no panic or doom and gloom.”- ‘Inevitable’ -The Pentagon says there are nearly 85,000 US military personnel in Europe — a number that has fluctuated between 75,000 and 105,000 since Russia’s 2022 invasion of Ukraine.”I think it is inevitable that they pull out some of their forces,” a second European diplomat told AFP. “But I don’t expect this to be like a dramatic overhaul. I think it’s going to be gradual. I think it’s going to be based on consultations.”Trump’s first target is likely to be the troops left over from a surge ordered by his predecessor Joe Biden after Moscow’s tanks rolled into Ukraine.Officials say relocating the rump of that 20,000-strong deployment would not hurt NATO’s deterrence too much — but alarm bells would ring if Trump looked to cut too deep into personnel numbers or close key bases.The issue is not just troop numbers — the US has capabilities such as air defences, long-range missiles and satellite surveillance that allies would struggle to replace in the short-term.”The kinds of defence investments by Europe that are being made coming out of The Hague summit may only be felt in real capability terms over many years,” said Ian Lesser from the German Marshall Fund think tank.”So the question of timing really does matter.”- ‘Inopportune moment’ -Washington’s desire to pull back from Europe may be tempered by Trump now taking a tougher line with Russia — and Moscow’s reluctance to bow to his demands to end the Ukraine war.”It seems an inopportune moment to send signals of weakness and reductions in the American security presence in Europe,” Lesser said.He also pointed to Trump’s struggles during his first term to pull troops out of Germany — the potential bill for relocating them along with political resistance in Washington scuppering the plan. While European diplomats are feeling more confident than before about the troop review, they admit nothing can be certain with the mercurial US president. Other issues such as Washington’s trade negotiations with the EU could rock transatlantic ties in the meantime and upend the good vibes.”It seems positive for now,” said a third European diplomat. “But what if we are all wrong and a force decrease will start in 2026. To be honest, there isn’t much to go on at this stage.”

Top economic officials from the United States and China are set to renew negotiations Monday — with an extension of lower tariff levels on the cards — as President Donald Trump’s trade policy enters a critical week.Talks between the world’s top two economies are slated to happen over two days in the Swedish capital Stockholm, and they come as other countries are also rushing to finalise deals with Washington.For dozens of trading partners, failing to strike an agreement in the coming days means they could face significant tariff hikes on exports to the United States come Friday, August 1.The steeper rates, threatened against partners like Brazil and India, would raise the duties their products face from a “baseline” of 10 percent now to levels up to 50 percent.Tariffs imposed by the Trump administration have already effectively raised duties on US imports to levels not seen since the 1930s, according to data from The Budget Lab research centre at Yale University.For now, all eyes are on discussions between Washington and Beijing as a delegation including US Treasury Secretary Scott Bessent meets a Chinese team led by Vice Premier He Lifeng in Sweden.While both countries in April imposed tariffs on each other’s products that reached triple-digit levels, US duties this year have temporarily been lowered to 30 percent and China’s countermeasures slashed to 10 percent.But the 90-day truce, instituted after talks in Geneva in May, is set to expire on August 12.Since the Geneva meeting, the two sides have convened in London to iron out disagreements.- China progress? -“There seems to have been a fairly significant shift in (US) administration thinking on China since particularly the London talks,” said Emily Benson, head of strategy at Minerva Technology Futures.”The mood now is much more focused on what’s possible to achieve, on warming relations where possible and restraining any factors that could increase tensions,” she told AFP.Talks with China have not produced a deal but Benson said both countries have made progress, with certain rare earth and semiconductor flows restarting.”Secretary Bessent has also signalled that he thinks a concrete outcome will be to delay the 90-day tariff pause,” she said. “That’s also promising, because it indicates that something potentially more substantive is on the horizon.”The South China Morning Post, citing sources on both sides, reported Sunday that Washington and Beijing are expected to extend their tariff pause by another 90 days.Trump has announced pacts so far with the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines, although details have been sparse.An extension of the US-China deal to keep tariffs at reduced levels “would show that both sides see value in continuing talks”, said Thibault Denamiel, a fellow at the Centre for Strategic and International Studies.US-China Business Council President Sean Stein said the market is not anticipating a detailed readout from Stockholm: “What’s more important is the atmosphere coming out.””The business community is optimistic that the two presidents will meet later this year, hopefully in Beijing,” he told AFP. “It’s clear that on both sides, the final decision-maker is going to be the president.”Sweden’s Prime Minister Ulf Kristersson said both countries’ willingness to meet was a “positive development”. – Far from ideal -For others, the prospect of higher US tariffs and few details from fresh trade deals mark “a far cry from the ideal scenario”, said Denamiel.But they show some progress, particularly with partners Washington has signalled are on its priority list like the EU, Japan, the Philippines and South Korea.The EU unveiled a pact with Washington on Sunday while Seoul is rushing to strike an agreement, after Japan and the Philippines already reached the outlines of deals.Breakthroughs have been patchy since Washington promised a flurry of agreements after unveiling, and then swiftly postponing, tariff hikes targeting dozens of economies in April.Denamiel warned of overlooking countries that fall outside Washington’s priority list.Solid partnerships are needed, he said, if Washington wants to diversify supply chains, enforce advanced technology controls, and tackle excess Chinese capacity.

US tariff negotiations with key trading partners have shifted into high gear as economies race to avoid steeper duties before an August 1 deadline.Many of these tariff hikes were part of a package first announced in April, under which dozens of economies were due to face higher levies — up from a 10 percent level — over their trade surpluses with the United States.The twice-postponed deadline for duties to take effect is now Friday, August 1.But Washington has expanded its group of targets coming up against these tariffs, while announcing agreements with the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines.A deal with the European Union unveiled on Sunday sees a 15 percent tariff imposed on European exports to the United States, down from the 30 percent that Trump earlier threatened.Where do other US trade talks stand?- South Korea: Heightened pressure -Seoul is racing to reach a deal with Washington, as Tokyo’s success in landing an agreement has “amped up the pressure for South Korea,” a government source told AFP.Local media reported that Seoul was preparing to propose more than $100 billion in investment as part of a broader agreement, with expected participation by major firms such as Samsung and Hyundai Motor. The South Korean government did not confirm this.But South Korean officials have outlined proposals to deepen collaboration in sectors like shipbuilding, semiconductors and batteries.National Security Advisor Wi Sung-lak has told reporters that the two countries are in “the final and most crucial phase of negotiations” to avert Trump’s proposed 25 percent duty.- India: Cautious optimism -Indian Commerce Minister Piyush Goyal told Bloomberg Television Thursday that he was optimistic his country could reach an agreement with the United States to avert Washington’s 26 percent tariff threat.Goyal insisted there were not any sticking points in the US-India relationship or in trade talks, and clarified that immigration rules —- including those around H-1B visas for skilled workers — had not come up in negotiations.Despite Goyal’s remarks, local media reported the prospects of an interim deal before August 1 had dimmed.- Taiwan: Working hard -Taiwanese Premier Cho Jung-tai said Thursday that officials are “working hard” on negotiations, amid worries that an unfavorable tariff level could hit the self-ruled island’s economy.Vice President Hsiao Bi-khim said Taipei’s negotiating team was “working almost 24 hours a day to achieve trade balance and Taiwan’s industrial interests, and even to further deepen cooperation.”- Canada, Mexico: Deal unclear -Although Canada and Mexico were spared from Trump’s “reciprocal” tariffs announced in April, goods from both countries entering the United States generally face a separate 25 percent duty if they fall outside a North American trade pact.This figure stands to jump to 30 percent for Mexico come August 1, while the level for Canada was set at 35 percent.Mexican President Claudia Sheinbaum said her administration was “doing everything” possible to avert the duties and that she would speak with Trump if necessary to try to reach a pact.Trump told reporters Friday there was no deal with Canada so far.- Brazil: Political nature -Brazil is girding for a virtual trade embargo on its planes, grains and other goods if Trump’s threatened 50 percent tariff on its exports takes effect on August 1.The United States runs a trade surplus with Latin America’s biggest economy, which was not originally expected to face steeper tariffs under Trump’s “reciprocal” duties plan.Trump has not attempted to hide the political motivation in targeting Brazil, citing a judicial “witch hunt” against his right-wing ally, former president Jair Bolsonaro, when he unveiled the tariff rate.The political nature of the spat makes a last-minute deal appear less likely.burs-jug-bys/sst

Dozens of economies including India, Canada and Mexico face threats of higher tariffs Friday if they fail to strike deals with Washington.Here is a summary of duties President Donald Trump has introduced in his second term as he pressures allies and competitors alike to reshape US trade relationships.- Global tariffs -US “reciprocal” tariffs — imposed under legally contentious emergency powers — are due to jump from 10 percent to various steeper levels for a list of dozens of economies come August 1, including South Korea, India and Taiwan.The hikes were to take effect July 9 but Trump postponed them days before imposition, marking a second delay since their shock unveiling in April.A 10 percent “baseline” levy on most partners, which Trump imposed in April, remains in place.He has also issued letters dictating tariff rates above 10 percent for individual countries, including Brazil, which has a trade deficit with the United States and was not on the initial list of higher “reciprocal” rates.Several economies — the European Union, Britain, Vietnam, Japan, Indonesia and the Philippines — have struck initial tariff deals with Washington, while China managed to temporarily lower tit-for-tat duties.Certain products like pharmaceuticals, semiconductors and lumber are excluded from Trump’s “reciprocal” tariffs, but may face separate action under different authorities.This has been the case for steel, aluminum, and soon copper. Gold and silver, alongside energy commodities, are also exempted.Excluded too are Mexico and Canada, hit with a different set of tariffs, and countries like Russia and North Korea as they already face sanctions.- Canada, Mexico -Canadian and Mexican products were hit by 25 percent US tariffs shortly after Trump returned to office, with a lower rate for Canadian energy. Trump targeted both neighbors over illegal immigration and fentanyl trafficking, also invoking emergency powers.But trade negotiations have been bumpy. This month, Trump said Canadian goods will face a higher 35 percent duty from August 1, and Mexican goods will see a 30 percent level.Products entering the United States under the USMCA North American free trade pact, covering large swaths of goods, are expected to remain exempt — with Canadian energy resources and potash, used as fertilizer, to still face lower rates.- China focus -Trump has also taken special aim at China. The world’s two biggest economies engaged in an escalating tariffs war this year before their temporary pullback.The countries imposed triple-digit duties on each other at one point, a level described as a trade embargo.After high level talks, Washington lowered its levies on Chinese goods to 30 percent and Beijing slashed its own to 10 percent.This pause is set to expire August 12, and officials will meet for further talks on Monday and Tuesday in the Swedish capital Stockholm.The US level is higher as it includes a 20 percent tariff over China’s alleged role in the global fentanyl trade.Beyond expansive tariffs on Chinese products, Trump ordered the closure of a duty-free exemption for low-value parcels from the country. This adds to the cost of importing items like clothing and small electronics.- Autos, metals -Trump has targeted individual business sectors too, under more conventional national security grounds, imposing a 25 percent levy on steel and aluminum imports which he later doubled to 50 percent.The president has unveiled plans for a 50 percent tariff on copper imports starting August 1 as well and rolled out a 25 percent tariff on imported autos, although those entering under the USMCA can qualify for a lower rate.Trump’s auto tariffs impact vehicle parts too, but new rules ensure automakers paying vehicle tariffs will not also be charged for certain other duties.He has ongoing investigations into imports of lumber, semiconductors, pharmaceuticals and critical minerals that could trigger further duties.- Legal challenges -Several legal challenges have been filed against the tariffs Trump invoked citing emergencies.The US Court of International Trade ruled in May that the president had overstepped his authority, but a federal appeals court has allowed the duties to remain while it considers the case.If these tariffs are ultimately ruled illegal, companies could possibly seek reimbursements.

Godzilla has morphed over the years, but one constant is the devotion of its fans, who celebrated the Japanese monster’s 70th anniversary at the pop culture convention Comic-Con.The Japanese studio Toho, which created Godzilla, maintains a calendar of events to celebrate the beast often called the king of monsters, and Comic-Con is on the agenda.Godzilla was born on November 3, 1954 with the launch of the first movie about it, directed by Ishiro Honda. “I am a very big fan of Godzilla,” said Angela Hill, a teacher who traveled from Arizona to take part in Comic-Con, which this year featured events and displays celebrating Godzilla.One of the world’s largest celebrations of pop culture, Comic-Con brings together 130,000 people, many of whom come dressed as wizards, princesses or characters from movies, games or TV series.As the story of Godzilla goes, a prehistoric amphibious beast is awakened and mutated by nuclear bomb testing in the Pacific. It emerges from the sea and attacks Japan in a rage, symbolizing the deadly power of nukes.”I think because he came from such a historic event — like, a lot of other monsters are just interesting creatures, but they don’t hold the grief of a nation,” Hill said, referring to the US nuclear bomb attacks against Hiroshima and Nagasaki in World War II.At the pop culture watering hole in San Diego, people lined up to shoot pictures and video with an image of Godzilla, which was also the theme of a panel discussion on Friday that featured Shinji Higuchi, who co-directed a reboot in 2016 called “Shin Godzilla.”The movie franchise includes nearly 40 films and has spawned hundreds of animated productions about the monster as well as TV series and graphic work.- ‘Rooting for him’ – On Saturday the writers Ed Godziszewski and Steve Ryfle signed autographs of their book “Godzilla: The First 70 Years,” which sold out at Comic-Con. “It’s a rich history,” Ryfle told AFP.”This is the longest running feature film franchise in cinematic history that’s focused on a single, continuous character. It’s been around longer than James Bond.”He said the key to its longevity is that Godzilla has evolved over time but stayed faithful to its origins.”Godzilla has been serious, it’s been scary, it’s been heroic, it’s been funny. But at the same time this is a movie character that’s rooted in something that’s very real,” Ryfle said.”And that’s the trauma that Japan experienced, both during World War II, and also the trauma of the aftermath of World War II, the aftermath of Hiroshima and Nagasaki,” he added.He said Honda, who directed the first Godzilla movie, was a veteran who used the film to send a message against war and in particular against nuclear weapons.Michelle Pena, a Godzilla fan who waited in line to get the autograph of the two writers, said part of the monster’s charm is how it has changed over the years.”Good, bad, hero, anti-hero, you know. And I like that,” she said.”He’s not, like, lovable,” she added.”He’s a big dinosaur-looking thing, you know. He’s scary. But, like, you really, really find yourself rooting for him.”