Try GOLD - Free
EU, South Korea seek US trade deals to soften the blow from looming tariffs
Hindustan Times Jammu
|July 15, 2025
The European Union (EU) and South Korea said on Monday they were working on trade deals with US President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1.
Trump stepped up his trade war on Saturday, saying he would impose a 30% tariff on most imports from the EU and Mexico from next month, adding to similar warnings for other countries including Asian economic powerhouses Japan and South Korea.
White House Economic Adviser Kevin Hassett said on Sunday that countries' trade deal offers so far have not satisfied Trump and “the tariffs are real” without improvements to their proposals.
“The president thinks that deals need to be better,” Hassett told ABC’s This Week programme. “And to basically put a line in the sand, he sent these letters out to folks, and we'll see how it works out.”
European Trade Commissioner Maros Sefcovic expressed optimism that Washington and the EU were approaching a positive outcome for both sides.
This story is from the July 15, 2025 edition of Hindustan Times Jammu.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Jammu
Hindustan Times Jammu
Trump: Gaza truce will hold as Israel, Hamas tired of fighting
US President Donald Trump said he believed the Israeli ceasefire that began in Gaza on Friday would hold as Israel and Hamas are \"tired\" of fighting.
2 mins
October 12, 2025
Hindustan Times Jammu
Space oddities: The strangest planets we've found so far
FROM THE ARCHIVES: Are we ready to encounter alien life, asks Nikku Madhusudhan of the Institute of Astronomy at University of Cambridge
1 mins
October 12, 2025
Hindustan Times Jammu
Modi launches two agri schemes worth ₹35k-cr
Prime Minister Narendra Modi on Saturday said that the reforms in agriculture and farming sectors undertaken by the Union government in the last 11 years have begun to show results, but for speedy development of the country, these sectors will need to be strengthened further.
1 mins
October 12, 2025
Hindustan Times Jammu
Modi launches two agri schemes worth ₹35k-cr
Prime Minister Narendra Modi on Saturday said that the reforms in agriculture and farming sectors undertaken by the Union government in the last 11 years have begun to show results, but for speedy development of the country, these sectors will need to be strengthened further.
1 mins
October 12, 2025
Hindustan Times Jammu
Where is everyone?
We've been searching for decades, but haven't found so much as a microbe in space yet. Could it be that we're early; that life simply has not evolved yet in the neighbourhood? Are we doing it all wrong? Is there a bustling universe of sentient beings out there, waiting for us to catch on? Humans are now beginning to build technology that could make the difference in our quest for alien life. We have a growing understanding of what to look for. We're getting better at sending probes to nearby planets, which could tell us more about where and how to search. What might we find? Why does it matter? Take a look
6 mins
October 12, 2025
Hindustan Times Jammu
Being Indian, and being seen as one
\"Where are you from?\" \"India.' \"Oh, you don't look Indian.
3 mins
October 12, 2025
Hindustan Times Jammu
Talking about a revolution
Astrophysicists are uncovering planets that echo worlds from the works of James Cameron, Andy Weir and George Lucas. Take a look.
2 mins
October 12, 2025
Hindustan Times Jammu
We scan and we will
A TIMELINE
1 mins
October 12, 2025
Hindustan Times Jammu
MF Husain: Man and myth, art and artist
M F Husain is undoubtedly India's best known and perhaps most highly regarded modern artist. As an editorial in this newspaper put it last week, he is \"arguably the most inventive artist of Indian modernism\". This is why it's not just sad but upsetting that an MF Husain museum will open next month in Doha and not in the country of his birth.
2 mins
October 12, 2025
Hindustan Times Jammu
Are you seeing what I'm seeing?
It's surprising that both Homebound and Kantara: Chapter 1 wallow in cliches of India, rather than reinventing them
2 mins
October 12, 2025
Listen
Translate
Change font size