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EU ready to hit US with 21-billion-euro tariff list

He said the goal should be “zero tariffs” and an open market among Canada, the United States, Mexico and Europe.

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MILAN (Reuters) -The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, Italy’s Foreign Minister Antonio Tajani said in a newspaper interview on Monday.

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the EU starting on Aug. 1, after weeks of negotiations with major U.S. trading partners failed to reach a comprehensive deal.

Tajani also told daily Il Messaggero that to help the euro zone economy the European Central Bank should consider a new “quantitative easing” bond-buying-programme, and more interest rate cuts.

The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement.

Tajani said the 21-billion-euro package of tariffs the EU has already prepared could be followed by a second set if a deal with the U.S proves impossible.

He added, however, that he was confident that progress could be made in negotiations.

“Tariffs hurt every one, starting with the United States,” he said. “If stock markets fall that puts at risk the pensions and the savings of the Americans.”

He said the goal should be “zero tariffs” and an open market among Canada, the United States, Mexico and Europe.

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International

Death toll in Hong Kong fire rises to 44 with 279 still missing, authorities say

Hong Kong authorities say the fires in four of the buildings have been brought under control, but large plumes of smoke are still hanging over the residential estate.

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Photo: AFP

At least 44 people have been killed so far in a major fire engulfing public housing apartments in Hong Kong’s Tai Po district, with 279 people not accounted for.

Three construction company executives have been arrested on suspicion of manslaughter connected to flammable materials, including mesh and plastic sheets, that may have allowed the fire to spread quickly.

More than 800 firefighters are tackling the blaze at Wang Fuk Court, which has been burning for over 18 hours.

The fire has been classified a level five blaze, the most serious level in Hong Kong.

A baby and an elderly woman were rescued during a late-night rescue, local media reports.

Hong Kong authorities say the fires in four of the buildings have been brought under control, but large plumes of smoke are still hanging over the residential estate.

I can smell it in the air. I can also see a number of small fires still burning in the apartment blocks.

Even more fire engines and an ambulance have arrived this morning to help with rescue efforts

BBC.

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BREAKING: Indian fighter jet crashes at Dubai airshow

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An Indian fighter jet has crashed while performing a display at an airshow in Dubai, officials have said.

Details later.

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International

JUST IN: Bangladesh war Crimes Court Sentences Ex-PM Hasina to Death

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A Bangladeshi war crimes tribunal has sentenced former Prime Minister Sheikh Hasina to death.

The verdict, delivered on Monday, November 17, 2025, follows a months-long trial that found Hasina guilty of ordering a lethal crackdown on a student-led uprising last year. She received a death sentence for the killing of several protesters and a life sentence on charges of crimes against humanity.

The ruling marks the most significant legal action against a former Bangladeshi leader in decades and comes ahead of parliamentary elections expected in early February 2026. There was cheering and clapping in the courtroom as the death sentence was pronounced. The verdict can be appealed in the Supreme Court, though Hasina’s son and adviser, Sajeeb Wazed, said they would not appeal unless a democratically elected government, including the Awami League, is in office.

Prosecutors told the court that evidence showed Hasina directly ordered security forces to use lethal force to suppress protests in July and August 2024. A United Nations report estimates that up to 1,400 people were killed during the demonstrations, with thousands more injured, making it the deadliest unrest in Bangladesh since its 1971 war of independence.

Hasina, represented by a state-appointed defense lawyer, denied the charges, calling the tribunal proceedings unfair and claiming a guilty verdict was “a foregone conclusion.”

Tensions in Bangladesh had escalated ahead of the verdict, with at least 30 crude bomb explosions and 26 vehicles torched in recent days, though no casualties were reported.

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