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Gold
3356.20
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67.491
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GBP/JPY
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Real-time News
July 13, NATO said in a press release that NATO Secretary General Rutte will visit Washington, D.C. on Monday, July 14 and Tuesday, July 15, where he will meet with U.S. President Trump, U.S. Secretary of State Rubio and Defense Secretary Hegseth. The press release did not immediately specify the reason for Ruttes visit to the United States, but Trump recently said that the United States is willing to provide weapons to Ukraine through NATO and that he will make a "big announcement" on Monday. So far, the Trump administration has only shipped weapons to Ukraine authorized by former President Biden, a staunch supporter of Kiev.Market news: NATO Secretary General Rutte will meet with US President Trump in Washington next week.July 13, a senior German politician said on Sunday that the European Union and Washington may further negotiate to postpone raising import tariffs after U.S. President Trump threatened to raise tariffs on the European Union, escalating the trade war. "The negotiation poker game between the EU and the United States is entering a decisive stage," said Jurgen Hart, deputy leader of the conservative CDU/CSU party in the German Bundestag. "I bet that at least a partial agreement will be reached before August 1 and further postponed. After all, high tariffs have to be paid by American citizens and companies, which will lead to higher prices and inflation in the United States." Hart said Europe must dissuade Trump from "mistaking" the U.S. trade deficit for the EUs protectionist measures. He said the U.S. has a surplus in services due to the dominance of the IT industry, which largely offsets the trade deficit.July 13, European Commission President Ursula von der Leyen said on Sunday that a political agreement had been reached on advancing the EU-Indonesia free trade agreement. "There is still a lot of untapped potential in our trade relations, so this agreement comes at the right time and the new agreement will open up new markets," von der Leyen said at a press conference with the Indonesian president.July 13th, the UK plans to introduce new incentives to reduce the cost of people buying new electric cars. The British Labour government is trying to phase out the sale of heavily polluting cars. On Sunday, British Transport Secretary Heidi Alexander confirmed that she will announce new measures to promote electric vehicle sales this week. She said: "We will provide cheaper prices for those who want to switch to electric vehicles." As part of these efforts, her office announced on Sunday that it plans to invest 63 million pounds to build charging piles in homes and logistics warehouses across the UK, including providing charging pile funds for homes without driveways. Her department also outlined a 2.5 billion pound plan to support automakers in their transition to zero-emission vehicle manufacturing.
