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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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Vatican Conclave Continues as Cardinals Struggle to Elect Pope Francis’s Successor

The wait for a new pope continues in Vatican City as black smoke once again billowed from the chimney of the Sistine Chapel, signaling that the cardinals have yet to reach a decision on Pope Francis’s successor. 

The conclave, which began on Wednesday, has seen multiple rounds of voting, but no candidate has secured the necessary two-thirds majority to be elected as the next leader of the Catholic Church. The 133 cardinal electors remain sequestered, casting their votes in secrecy while thousands of faithful gather in St. Peter’s Square, eagerly awaiting the moment when white smoke will announce the election of a new pontiff. 

Among the frontrunners are Cardinal Pietro Parolin, Pope Francis’s secretary of state, and Filipino Cardinal Luis Antonio Tagle, head of the Vatican’s evangelization office. However, Vatican experts suggest that if no decision is reached soon, an unexpected candidate may emerge, much like Pope Francis did in 2013. 

The conclave will continue with additional rounds of voting, with the world watching closely for any signs of progress. Until then, the anticipation remains high as the Catholic Church prepares for a new chapter in its history.

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