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EU trade chief to meet US counterpart in Paris amid tariff tensions

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EU trade chief to meet US counterpart in Paris amid tariff tensions

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EU trade Commissioner Maroš Šefčovič will meet his US counterpart Ambassador Jamieson Greer on Wednesday on the sidelines of an OECD meeting in Paris following a high-level gathering of EU and US experts in Washington on Tuesday against rising tensions over US customs duties.

The Commission is hoping to rekindle negotiation with the US a week after EU Commission President Ursula von der Leyen and US president Donald Trump spoke on the phone, despite Trump’s subsequent decision on 30 May to slap 50% tariffs on EU steel and aluminium.

“The EU in good faith paused its countermeasures on 14 April, to create space for continued negotiations, and following the call between president Ursula von der Leyen and president Donald Trump both sides agreed to accelerate the pace of talks,” Commission spokesperson Olof Gill said on Monday, acknowledging however that Trump’s last announcement on steel and aluminium undermined the Commission’s “ongoing efforts to reach a negotiated solution with the US”.

The Commission has suspended until 14 July a list of countermeasures targeting US products after Trump decided on a 90-Day pause in the trade dispute he launched against his partners across the globe. But the Commission could decide to move forward with those countermeasures, it said.

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A second list of US product is also open to consultation from industry until 10 June, when EU member states will adopt them.

“If no mutually acceptable solution is reached, both the existing and the possible additional measures will automatically take effect on 14 July or earlier if circumstances require,“ Gill said.

Šefčovič has already travelled to Washington three times to meet with his US counterparts, but his efforts have so far failed to break the deadlock.

The US and the EU exchanged proposals to begin negotiations, but both sides have dismissed the other’s offers. It wasn’t until EU and US leaders spoke by phone that talks were able to move forward—until President Trump announced new tariffs on steel and aluminium at the end of last week, putting the negotiations at risk once again.

The US currently imposes 25% tariffs on EU steel and aluminium, 25% on cars and 10% on all EU imports. Several investigations in pharma, semiconductors or aircrafts could also lead to more US tariffs on EU goods.

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U.S. and China Will Start Discussing A.I. Safety, Bessent Says

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U.S. and China Will Start Discussing A.I. Safety, Bessent Says

The United States and China will discuss guardrails on artificial intelligence, including establishing a protocol for keeping powerful A.I. models out of the hands of nonstate actors, Treasury Secretary Scott Bessent said on Thursday.

Mr. Bessent, who was speaking from Beijing in an interview with CNBC, did not give more details, including when these discussions would take place. But Xi Jinping, China’s leader, and President Trump had been expected to discuss A.I. during their summit in the Chinese capital.

If these talks happen, it would be the first time the two countries formally take up the issue during Mr. Trump’s second term. The capabilities and usage of A.I. have grown rapidly, and so have concerns that this technology could be weaponized by hackers and terrorists, or spiral out of human control.

“The two A.I. superpowers are going to start talking,” Mr. Bessent said. “We’re going to set up a protocol in terms of, how do we go forward with best practices for A.I. to make sure nonstate actors don’t get ahold of these models.”

Still, Mr. Bessent made clear that the fierce competition between the United States and China for supremacy in A.I. — which has been a major hurdle to cooperation on safety — remained front of mind for U.S. policymakers. Officials and experts in both countries have argued that they cannot slow technological development and risk losing out to their rivals.

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Mr. Bessent said that the United States was willing to cooperate with China on A.I. safety because “the Chinese are substantially behind us” in terms of the technology’s development.

“I do not think we would be having the same discussions if they were this far ahead of us. So we’re going to put in U.S. best practices, U.S. values, on this, and then roll those out to the world,” Mr. Bessent said.

Experts have suggested that China’s A.I. models may be a few months behind the leading U.S. models.

Another hurdle to the United States and China working together on A.I. safety is that they have generally focused on different potential threats.

American experts have generally highlighted existential risks, such as the possibility of artificial general intelligence, or super-intelligence that exceeds that of humans. Chinese researchers and officials have more often highlighted risks related to social stability and information control, such as the possibility of chatbots producing content that challenges China’s leadership and policies.

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Still, researchers in both countries have highlighted some shared risks, such as the possibility of A.I. being used to develop new biological weapons.

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Ship seized off coast of UAE near Strait of Hormuz may have been ‘floating armory’: report

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Ship seized off coast of UAE near Strait of Hormuz may have been ‘floating armory’: report

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A ship was seized off the coast of the United Arab Emirates (UAE) near the Strait of Hormuz on Thursday morning, the British military reported.

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The ship was boarded and “taken by unauthorized personnel” while it was roughly 38 nautical miles northeast of the United Arab Emirates’ oil export terminal Fujairah, the United Kingdom Maritime Trade Operations (UKMTO) reported Thursday.

UKMTO spotted the ship heading toward Iranian territorial waters after the seizure, it reported Thursday.

British authorities did not release information on who the ship belonged to or who seized it. Despite the lack of official corroboration, the BBC reported that the Honduras-flagged Hui Chuan was seized in the Strait on Thursday.

CARGO SHIP ATTACKED BY SMALL CRAFT NEAR STRAIT OF HORMUZ, UK MARITIME AGENCY SAYS

Ships are anchored in the Strait of Hormuz off Bandar Abbas in southern Iran on May 4. A report on May 15 said a ship was seized off the coast of the United Arab Emirates and is being brought toward Iranian waters. (Amirhossein Khorgooei/ISNA/AFP)

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Citing the risk-management company Vanguard, the BBC reported that the ship’s operators told Vanguard that the Hui Chuan was operating as a “floating armory” for ships in the Strait to defend themselves from pirates.

A container ship sits at anchor in the Strait of Hormuz off Bandar Abbas, Iran, as a motorboat passes in the foreground on May 2, 2026. (Amirhosein Khorgooi/ISNA via AP)

At least two other ships have already been seized in the Strait of Hormuz since February.

IRAN SAYS ITS SMALL SUBS DEPLOYED TO STRAIT OF HORMUZ AS EXPERT EXPLAINS THREAT: ‘VULNERABLE TO DETECTION’

A cargo ship sails in the Persian Gulf toward the Strait of Hormuz on April 22, 2026. (AP Photo)

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In April, Iran’s Islamic Revolutionary Guard Corps (IRGC) seized the Panamanian-flagged MSC Francesca and the Epaminondes ships in the Strait.

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Fox News Digital contacted UKMTO and Vanguard for further information but did not immediately receive a response.

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Israel-Lebanon talks held in Washington as expiration of ceasefire nears

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Israel-Lebanon talks held in Washington as expiration of ceasefire nears
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Al Jazeera’s Manuel Rapalo reports from Washington, where the first of two days of US-mediated ambassador-level talks between Israel and Lebanon concluded on Thursday. A ceasefire between them expires on Sunday, though Israel has killed 512 Lebanese since its implementation on April 17.

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