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.
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West Bengal board declares class 10 exam results, 86.83 pc students pass
Kolkata (PTI): The West Bengal board's class 10 results were declared on Friday, with 86.83 per cent of the total 9.71 lakh candidates passing the examination, an official said.
In last year's Madhyamik Pariksha, 86.56 per cent of the 9.84 lakh students were declared successful, West Bengal Board of Secondary Education president Ramanuj Ganguly said.
This year's examination was held from February 2 to February 12 at over 2,600 centres across the state, he said.
Abhirup Bhadra of Sarada Vidyamandir in Uttar Dinajpur district bagged the first rank, securing 698 of 700 marks. Priyotosh Mukhopadhyay of Sarojinidevi Saraswati Sishu Mandir in Birbhum was declared second with 696 marks. The third rank was shared by three students.
A total of 131 students secured the top 10 ranks, of whom 28 were girls.
Kalimpong recorded the highest percentage at 95.01, followed by Purba Medinipur at 94.02 and Kolkata at 92.31.
