17:48
No Breakthrough Achieved as US-EU Trade Talks Extend Into the Weekend
According to a report by Jinse Finance, citing CCTV News, on the 4th local time, EU diplomats stated that EU negotiators failed to achieve a breakthrough in the US-EU trade talks, and the negotiations will continue through the weekend. EU negotiators indicated that if a broader trade agreement cannot be reached, they hope to ensure that the deadline for the US to postpone additional tariffs will be extended. It is reported that the scale of the EU's second round of countermeasures has been reduced from the initial 95 billion euros to 72 billion euros. EU diplomats noted that the US has threatened to impose a 17% tariff on EU agricultural exports.
17:13
Iran warns Israel: Any further attacks will remove all "red lines"
According to Jinse Finance, on the 4th local time, the spokesperson for Iran's Islamic Revolutionary Guard Corps, Naeini, issued a warning to Israel, stating that if Israel launches another attack, Iran will no longer observe any "red lines." He noted that Iran's swift response disrupted the enemy's plans, and that only by observing the objectives of the war can one determine who will ultimately win or lose.
17:02
UK Media: US Issues Last-Minute Demands, Threatens 17% Tariff on European Agricultural Products
According to a report by Jinse Finance, citing the Financial Times, three sources revealed that the United States has threatened to impose a 17% tariff on EU agricultural exports, sharply escalating its trade conflict with the European Union. This last-minute demand was made by the US ahead of the July 9 deadline for reaching a trade agreement. The US stated that if no agreement is reached, it will impose a 20% tariff on all EU goods. EU Trade Commissioner Maroš Šefčovič received this demand during a meeting in Washington on Thursday and relayed it to the ambassadors of the 27 member states on Friday. European Commission President Ursula von der Leyen said on Thursday that she hopes to reach a "principled agreement" that would allow both sides to continue negotiations before a final deal is concluded. However, Washington is pushing for a binding agreement from all countries before the deadline set by Trump.