Bihar developments: Deve Gowda expresses hope of Janata Dal Parivar re-emergence
Bengaluru, Aug 9: Following the political developments in Bihar, JD(S) patriarch H D Deve Gowda on Tuesday expressed hope of the erstwhile Janata Dal Parivar re-emerging as a political alternative in the country.
The former Prime Minister said the developments, which saw Janata Dal (United) led by Bihar Chief Minister Nitish Kumar and Lalu Prasad Yadav-led Rashtriya Janata Dal (RJD), both constituents of the Janata Parivar, coming together to form a government in Bihar, made him think of the days when they all were united.
"I have been watching the developments in Bihar. It made me think of the days when the Janata Dal Parivar was under one roof. It gave three PMs. I am in my advanced years, but if the younger generation decides, it can offer a good alternative to this great nation," Gowda tweeted.
In a day of fast-moving developments, Bihar's "mercurial" leader Nitish Kumar twice met Governor Phagu Chauhan -- first to hand in his resignation as NDA chief minister and then after being elected leader of the RJD-led 'Mahagathbandhan' (grand alliance) to stake claim for the top job in the State once again.
Kumar's move, a reversal of what happened in 2017 when he left the Mahagathbandhan to rejoin the NDA, left the ally BJP out in the cold for the second time in nine years.
I have been watching the developments in Bihar. It made me think of the days when the Janata Dal parivar was under one roof. It is gave three PMs. I am in my advanced years, but if the younger generation decides it can offer a good alternative to this great nation.
— H D Devegowda (@H_D_Devegowda) August 9, 2022
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Trump says EU has until July 4 to approve last year's trade deal or it will face higher tariffs
Washington (AP): President Donald Trump has said in a social media post that goods from the European Union would face higher tariff rates if the 27-member bloc fails to approve last year's trade framework by July 4.
The announcement on Thursday appeared to be a deadline extension after the president said last Friday that EU autos would face a higher 25 per cent tariff starting this week. Trump made the updated announcement after what he described as a "great call" with European Commission President Ursula von der Leyen.
Still, the US president was displeased that the European Parliament had yet to finalize the trade arrangement reached last year, which was further complicated in February by the US Supreme Court ruling that Trump lacked the legal authority to declare an economic emergency to impose the initial tariffs used to pressure the EU into talks.
"A promise was made that the EU would deliver their side of the Deal and, as per Agreement, cut their Tariffs to ZERO!" Trump posted. "I agreed to give her until our Country's 250th Birthday or, unfortunately, their Tariffs would immediately jump to much higher levels."
It was unclear from the post whether Trump was implying that the tariff rates would jump on all EU goods or the increase would only apply to autos.
His latest statement indicates he might be backing away from his earlier threat on EU autos by giving the European Parliament several more weeks to approve the agreement.
Under the original terms of the framework, the US would charge a 15 per cent tax on most goods imported from the EU.
But since the Supreme Court ruling, the administration has levied a 10 per cent tariff while investigating trade imbalances and national security issues, aiming to put in new tariffs to make up for lost revenues.
