Trump said any country that imposes a digital services tax on American companies would face an immediate 100% tariff on all goods sent to the United States. The warning comes amid trade talks with the European Union and continuing tensions over taxes aimed largely at U.S. tech firms.
Posts tagged as “G7”
Trump unveiled a Qatari-gifted Boeing 747-8 that will serve as a new Air Force One and lead a July 4 flyover marking the nation’s 250th anniversary. The aircraft has drawn bipartisan criticism over security and ethics concerns, while retrofit cost estimates vary widely.
Italian Prime Minister Giorgia Meloni rejected as “made up” President Donald Trump’s reported claim that she begged him for a photo at the G7 summit. Italy canceled a planned visit to Washington by Foreign Minister Antonio Tajani as politicians across the country defended Meloni.
The first U.S.-Iran talks under a preliminary peace agreement were postponed after JD Vance canceled a trip to Switzerland and Israel intensified strikes in southern Lebanon. The delay raised doubts about a 60-day negotiation process meant to end the war and reopen the Strait of Hormuz.
Trump’s 14-point memorandum with Iran extends a ceasefire and promises sanctions relief, but leaves nuclear limits, uranium stockpiles and enforcement details for 60 days of talks. The framework also includes immediate oil waivers, a proposed $300 billion reconstruction plan and provisions on the Strait of Hormuz.
Commercial ships began moving through the Strait of Hormuz after the U.S. and Iran signed a memorandum to extend a ceasefire and begin new talks. The agreement faces early tests over Iran’s nuclear program and Israel’s continued military presence in southern Lebanon.
Ukraine struck a major Moscow oil refinery in one of its largest drone attacks on the Russian capital, disrupting flights and sending smoke over the city. Zelenskyy called the strikes a justified response to Russian attacks on Ukraine as both sides reported overnight barrages.
President Donald Trump’s interim agreement with Iran has drawn criticism from several Republicans over a planned $300bn reconstruction fund and concerns about Tehran’s nuclear programme. The 14-point memorandum commits both sides to end military operations and gives them 60 days to negotiate a final deal.