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Trade Tensions Rise as EU Prepares Retaliation Against U.S. Tariff Hike

The European Union has strongly condemned President Donald Trump's decision to double tariffs on imported steel and aluminum, warning of swift countermeasures that could escalate global trade tensions. Announced Friday near Pittsburgh, Trump raised existing steel and aluminum tariffs from 25% to 50%, aiming to protect U.S. industry and bolster a $14.9 billion Nippon Steel–U.S. Steel deal. The European Commission responded sharply, calling the move a threat to transatlantic economic stability and global supply chains. “This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic,” a spokesperson said. The EU is finalizing consultations on expanded retaliatory tariffs, set to take effect by July 14 unless a negotiated solution is reached. The reaction from global trade partners was swift. Canada’s Chamber of Commerce criticized the tariffs as a threat to North American economic security, while Canada’s Uni...
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Have Trump Prosecutors Made Their Case at Hush-Money Trial

As the final witness testifies, legal experts assess the evidence so far and chances of a conviction.

The trial centers on a reimbursement Mr. Trump made to his former personal lawyer and “fixer,” Michael Cohen. Cohen, 57, claims he was directed to pay Ms. Daniels $130,000 (£104,000) in exchange for her silence about her alleged affair with Mr. Trump. Prosecutors have described this as an attempt to “unlawfully influence” the 2016 election. Though Mr. Trump’s case centers on a reimbursement he made to Cohen, his former fixer, prosecutors spent the first weeks of the trial walking the court through what led up to the $130,000 hush-money payment Cohen made to adult-film star Stormy Daniels.

The trial has garnered significant attention, and the verdict hinges on a single piece of evidence known as People’s Exhibit 35. Legal experts are closely watching to see how this crucial evidence will impact the outcome of the case. Testimony in the hush-money trial of Donald Trump is set to conclude in the coming days, putting the landmark case on track for jury deliberations that will determine whether it ends in a mistrial, an acquittal, or the first-ever felony conviction of a former American president. Stay tuned for further developments as the trial unfolds! 

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