This marks an increase of 5 percent and 10 percent on Mexican and EU goods respectively. United States President Donald Trump has imposed a 30-percent tariff on imports from Mexico and the European Union starting on August 1, weeks after negotiations with the major trading partners failed to reach a more comprehensive trade deal. Trump, who announced the new tariffs on two of the US’s biggest trade partners...

Abbas Araghchi also says that Tehran is reviewing the details of a possible resumption of nuclear talks with the US. Iranian Foreign Minister Abbas Araghchi has warned that any snapback of United Nations sanctions on the country “would signify the end of Europe’s role in the Iranian nuclear dossier“. A clause in the 2015 Joint Comprehensive Plan of Action (JCPOA) between Iran and world powers, which United States...