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EU to discuss potential restrictions on Chinese imports amid fears of overreliance

Concerns among commissioners in bloc that surge in imports could lead to decline similar to that of US rust belt towns EU commissioners will meet on Friday for crunch talks aimed at imposing new restrictions on imports from China amid growing concern that Beijing is fuelling conditions for US-style rust belt towns in Europe. The surge in imports of everything from electric cars to key components in machines, medical devices and foodstuffs has been dubbed China Shock 2.0, potentially mirroring the experience in the US 25 years ago when Beijing joined the World Trade Organization.

theguardian.com

Cuba's humanitarian crisis worsens as U.S. talks stall

As the Cuban government resists Trump's escalating pressure for regime change, Cubans are facing a worsening humanitarian crisis. Why it matters: Prolonged blackouts due to limited fuel supply are disrupting essential services, making even basic tasks — like cooking — difficult or impossible. State of play: Fuel shortages have gripped the country since the U.S. captured former Venezuelan President Nicolás Maduro in January, stripping Cuba of its key oil provider for the island's nearly 11 million residents. Residents have struggled to keep refrigerators running, leaving depleted food stockpiles to rot, and about 1 million Cubans lack reliable access to water because delivery trucks don't have enough diesel, according to the UN. The crisis has delayed over 96,000 surgeries, and officials have paused the childhood immunization program for newborns. Inside the room: An advisor close to Trump tells Axios' Marc Caputo that the president's approach to toppling the Cuban government is "classic Trump." "Push your enemy off balance. It's pressure, watch the response, apply more pressure, watch the response, apply more pressure." What is slowing the process is that, unlike the Maduro operation, Trump hasn't picked any successors in the Cuban government. The island's transition away from one-person rule 30 years ago means removing Castro wouldn't necessarily collapse the regime. Nonetheless, another official says that as sweltering summer temperatures gradually increase suffering on the island, the president may feel compelled to do something more drastic to alleviate the humanitarian crisis. What they're saying: "[The conditions worsen] on a day-to-day basis, without any visible possibility of improvement," Sebastian Arcos, Interim Director for the Institute for Cuban Studies, tells Axios. "It's a terrible, terrible situation that, honestly, I don't think it can take another six months. It cannot take another three months." The bottom line: Diplomacy continues, but Cubans are

axios.com

Russia on the back foot with dynamics of war shifting in Ukraine’s favour, EU says – as it happened

This blog is now closed Meanwhile, Hungary’s Magyar hits a bit more upbeat tone in his latest post on Facebook, saying that while there are still some issues that need to be resolved, the two sides managed to agree a deal on “many important questions.” In a Facebook video, he takes viewers into a meeting room in Brussels from which he is working on ironing out the final details. “I will obviously not anticipate or prejudge what will be the outcome of that meeting, but a series of meetings has been taking place, as you know, between the teams on both sides to make as much progress as possible. … Let’s see what comes out of it. It’s not much more time to wait. We give it another day, and we should know more in terms of how far have we managed to get on both sides.”

theguardian.com

New food exports deal signals end to Brexit ‘sausage wars’

First details of agreement published, heralding end to EU-UK checks on dairy products, eggs, fish and fresh red meat Business live – latest updates The EU and UK have signalled an end to Brexit “sausage wars” with the first details of a new food exports agreement being published by the British government. The deal will mean no more paperwork or physical checks on dairy, fish, cheese, eggs and fresh red meat from the summer of 2027 for both British exporters to the EU and EU exporters to the UK.

theguardian.com

Scoop: U.S. and Iran reach deal but need Trump's final approval, officials say

U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give his final approval, two U.S. officials and a regional source involved in the mediation efforts tell Axios. Why it matters: The signing of the MOU would be the most significant diplomatic breakthrough since the war started, but a final agreement that tackles Trump's nuclear demands would still require further intensive negotiations. "This is an agreement to get everybody to the table. We will work out the details in the negotiations," one of the U.S. officials said Behind the scenes: U.S. officials said terms of the deal were mostly agreed to as of Tuesday, but both sides still needed approval from senior leadership. The U.S. officials claimed the Iranians later came back and said they had the necessary approvals and were prepared to sign. Iran has not confirmed that. The U.S. negotiators briefed Trump on the details of the final deal, but he did not immediately sign off. "The president relayed to the mediators that he wants a couple of days to think about it," a U.S. official said. Flashback: Trump and his advisers thought they were close to a deal several times at earlier stages in the war, but talked repeatedly stalled. Zoom in: The U.S. officials said the 60-day MOU will state that shipping through the Strait of Hormuz will be "unrestricted." A U.S. official said this means no tolls and no harassment and that Iran will have to remove all mines from the strait within 30 days. The U.S. naval blockade will also be lifted, but that will happen in proportion to the restoration of commercial shipping, a U.S. official said. The MOU will include an Iranian commitment not to pursue a nuclear weapon, the officials said. It will also state that the first issues to be negotiated during the 60-day window will be how to dispose of Iran's highly enriched uranium and how to ad

axios.com

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