The United States President, Donald Trump, has asserted that the European Union is not enforcing their predetermined trade agreements. In a statement, Trump has revealed that the US will escalate tariffs on European Union cars and trucks in the coming week. The European Union will raise tariffs on American-made cars to 25%, implying that if the EU manufacturers in the US, no tariffs will be imposed.
Trump has emphasized that multiple auto and truck manufacturing plants are under construction in the US, with a record investment of over $100 billion. He has assured that these plants will be operational soon, employing American workers, and will contribute to the country’s economic growth.
In a related development, the OPEC nations have announced a daily production adjustment of 1.78 million barrels, following the UAE’s withdrawal from the organization. The US will initiate its “Project Freedom” in the Middle East today, as per the regional time.
Speaking at a press conference, US Treasury Secretary Scott Bisen announced that the US is a major winner in the energy market. According to the My Time Agency, a ship was attacked in the region of Sirik, west of Iran, but all the crew members are safe.
The Iranian Foreign Ministry has confirmed that the US has responded to Tehran’s 14-point proposals via Pakistan. Trump was interrupted by a bee while speaking to reporters.
The Spanish Foreign Ministry has urged Israel to release Palestinian-Spanish activist Sayed Abu Khishik immediately. Israel has arrested Abu Khishik on an unlawful basis.
According to the US Africa Command, the incident occurred on May 2, near the Cape of Dra, which is located near the Atlantic coast.
Iran has presented new details about its proposed peace plan for the US. German Foreign Minister has emphasized that Iran should completely give up its nuclear program.
Iran’s Revolutionary Guard has stated that China, Russia, and Europe have changed their stance against the US, limiting its decision-making power. The Asian Development Bank has announced its support for power grids and electricity trade in the region, committing $70 billion by 2035.
A flight from Sharjah was disrupted when a passenger opened the emergency door and jumped out of the plane while taxiing. Two people were killed in a blast at a house in Bristol, UK, at around 6 am. Peshawar Zalmi defeated Hyderabad Kingsmen by 5 wickets in the Pakistan Super League (PSL) final, securing the title for the second time.
Zalmi has won the title after 8 years. In a statement, they expressed gratitude to the fans for their enthusiastic support and appreciation for the game. Shadab Khan, captain of Islamabad United, has been named the best all-rounder of the league. Sufian Maqsood has been awarded the Fazal Mahmood Cap as the best bowler of the league. Prime Minister Shehbaz Sharif has met with PML-N President Nawaz Sharif during a visit to the Jati Umra.
