Madikeri: A Kodagu-based businessman, who is said to have been depressed that his money was not returned by the borrower, allegedly committed suicide in Wayanad, Kerala, by setting himself on fire inside a car recently.

The deceased is identified as Sajeer, a resident of Kutta village of Ponnampet taluk.

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His wife and two children, who were also in the car, sustained minor injuries. The three of them have reportedly been rescued by the locals and are being treated at a local hospital.

Sajeer is learned to have lent Rs 20 lakh to one Bapu, who failed to return the money. Upset by this, Sajeer, along with his wife and children, allegedly set fire to himself inside the car parked in the front yard of the house.

Sajeer, who reportedly owned several shops in Kutta, is said to have recorded a video before committing suicide. He is heard in the clip accusing Bapu for his suicide.

A case has been registered by Manandawadi Police officers, who are probing the matter.

(Assistance for overcoming suicidal thoughts is available on the state’s health helpline 104, Tele-MANAS 14416.)

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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.