President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.
More than a third of the money, to be provided over two years, will come as direct budget support to the PA and is aimed at improving financial sustainability, democratic governance and services to help the private sector develop.
The latest Russian attacks against Sumy and Kryvyi Rih demonstrate that Vladimir Putin has no interest in peace talks, EU foreign ministers said.
Asian shares sank on Friday after US stocks gave up much of their historic gains from the day before.
The Trump administration late on Friday said it would exclude electronics like smartphones and laptops from reciprocal tariffs, a move US Secretary of Commerce Howard Lutnick said would not be permanent.
European leaders quickly condemned Sunday’s deadly Russian attack on Sumy, sharing condolences on social media.
Although US president Donald Trump paused tariffs for 90 days, US stocks were still jittery as investors weighed the possible impact of the trade battle with China.
Russia’s Foreign Minister Sergey Lavrov and Ukraine’s top diplomat Andrii Sybiha have traded blows, accusing each other’s countries of striking energy infrastructure despite a US-brokered limited ceasefire, as they spoke at separate panels at the Antalya Diplomacy Forum.
Ukraine’s Air Force says it shot down 56 out of 88 drones launched by Russia across Ukraine overnight.
The UK government has faced increasing pressure to preserve the country’s own steelmaking industry, in order to reduce dependence on other countries for the metal.