-
Trump expected to name intel chief Clayton as AI czar: reports
-
New rallies urged in France as protests disrupt over 730 schools
-
Argentina unveils passports-for-investment scheme
-
Djokovic survives China Open scare, Sabalenka starts strong
-
Brazil election debate chaos sparks censorship row
-
King Charles to evoke colonial 'darkest days' on Caribbean tour
-
England's Carse charged by cricket body over nightclub incident
-
Tesla shares jump after global car sales top estimates
-
Amazon vows $1 bn for data center towns, decries 'myths'
-
DR Congo Ebola outbreak killed more than 4,000: official figures
-
Oil prices drop on G7 fuel release, US jobs data boosts stocks
-
Djokovic survives China Open scare against wildcard world no. 104
-
G7 agrees deal to ease global energy supply concerns
-
Lula, Bolsonaro trade blows in final scramble for votes in Brazil
-
Spain's government dealt blow as lawmakers reject housing bills
-
New clashes erupt as protests disrupt over 560 French schools
-
Food, medicine shortages deepen in Russian-occupied Oleshky
-
NY governor vows to close loophole after alleged Cornell gang rape
-
Man City whistleblower Rui Pinto facing 'dire consequences' - lawyers
-
Ethiopia Tigray rebels pushed back as regional tensions spike
-
Russia 'tearing Kyiv apart', mayor says, as strikes paralyse traffic
-
Stocks rise, yields fall as US job numbers disappoint
-
Taiwan boxer Lin wins Games gold as Japan edge North Korea on penalties
-
Man City verdict a 'big topic' for England players, says Tuchel
-
Japan tame North Korea to win Games gold after shootout drama
-
NY attorney general tasked with investigating alleged Cornell gang rape
-
US posts weak job growth data in September
-
China widens military footprint with Laos air base
-
Ethiopia's conflict: the regional dimension
-
G7 talks as US pressures Europe over diesel stocks
-
Life expectancy almost back to pre-Covid levels, says WHO
-
Man City launch appeal against explosive financial ruling
-
Turkey's football referee chief faces judge in graft probe
-
Swiss president to quit government
-
Verstappen goes own way to avoid the rain
-
Europe rejects US threats over diesel stocks, urges joint G7 action
-
Oil slides, bonds steady as EU addresses diesel price surge
-
Philippines tennis star Eala says 'I get overwhelmed sometimes'
-
Spain housing package at risk in parliament, as protests mount
-
Ferrari chief Vasseur has support from rival team bosses
-
Swedish Social Democrats leader to make new bid to form government
-
Pilot in flydubai attack says could not let 'all those people die'
-
North Korea calls Seoul 'despicable' after DMZ apology demand
-
Eurozone inflation hits three-year high at 3.8% in September
-
Taiwan boxer Lin wins gold as virtual taekwondo makes Games debut
-
Ancelotti says Brazil 'respects' India ahead of showdown
-
Man City face appeal deadline after explosive financial verdict
-
North Korean leader's sister calls Seoul 'despicable' after DMZ apology demand
-
Pole vault superstar Duplantis to skip indoor season
-
Germany's crisis-hit rail operator looks to AI future
Under Trump pressure, EU seeks deal to end trade standoff
The EU headed into late-night talks Tuesday seeking a deal towards implementing its nearly year-old trade pact with the United States -- with an impatient President Donald Trump threatening steep new tariffs unless it is done by July 4.
The 27-nation bloc struck an accord with Washington last July setting levies on most European goods at 15 percent, but a final version of the text still needs to be nailed down on the EU side -- to Trump's frustration.
Negotiators from the EU's parliament and capitals kicked off closed-door negotiations just after 9:00 pm (1900 GMT) for talks that were expected to stretch late into the night.
They hope to seal a compromise that would allow the bloc to meet Trump's deadline and turn the page on more than a year of transatlantic trade battles.
"A deal is a deal," the US mission to the EU posted on X ahead of the meeting, saying the bloc "must live up" to the agreement sealed in Turnberry, Scotland, between Trump and EU chief Ursula von der Leyen.
Short of that, Trump has warned the European Union should expect "much higher" tariffs -- and has already vowed to raise duties on European cars and trucks from 15 to 25 percent.
The tariff blitz unleashed by Trump before the Turnberry accord, including hefty levies on steel, aluminium and car parts, jolted the bloc into cultivating trade ties around the world.
But the EU cannot afford to neglect the 1.6-trillion-euro ($1.9-trillion) relationship with the United States, its largest trade partner.
Cyprus, which holds the rotating presidency of the EU, said its goal remains "the swift implementation of the EU-US joint statement".
To reach a compromise with member states, parliament is under pressure to renege on several amendments it added to the text in March that the Americans consider unacceptable.
The head of parliament's trade committee, Bernd Lange, struck an optimistic note, saying: "I hope we can reach a compromise."
But first, he needs to hammer out a common stance between the parliament's different factions, which were haggling until the last moment.
- 'Sunrise' to 'sunset' -
The EU parliament's conditional green light came after months of delay caused by Trump's designs on Greenland and a US Supreme Court ruling striking down many of the president's tariffs.
The assembly's largest force, the conservative European People's Party (EPP), to which von der Leyen belongs, is now pushing hard to implement the accord, which it says is vital to ending a period of damaging uncertainty for EU businesses.
EPP lawmaker Zeljana Zovko told AFP she was "confident that we will get it done".
The EPP has firm support from the hard-right ECR, but several political groups had yet to make their position public, and it remained unclear how far the majority would compromise to get a deal.
Lawmaker Kathleen Van Brempt of the Socialists and Democrats, parliament's second-biggest group, said they would "engage constructively" but fight for safeguards "to guarantee stability, predictability and protection for European businesses and workers".
One bone of contention is a suspension clause toughened by parliament that would scrap favourable tariff conditions for US exporters, should the United States later breach the terms of the deal.
Another concerns so-called "sunrise" and "sunset" clauses under which the EU side of the accord would kick in once the United States makes fully good on its pledges, and would expire unless renewed in 2028.
Green lawmaker Anna Cavazzini said "the odds are good" but warned that member states would need to "budge" on parliament's main priorities.
"These past weeks have shown time and again that Trump is not to be trusted, so the EU needs stronger tools at hand," she said.
D.Schneider--BTB