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Trump trade deals appear distant as tariff tensions simmer
Trump trade deals appear distant as tariff tensions simmer

US President Donald Trump's promises of securing trade deals with major partners took another blow Thursday, with a French minister saying an agreement with the EU was "a long way" off and China insisting talks had not even started. Separately, France's economy minister Eric Lombard said Thursday in Washington that the EU and United States are far from reaching a deal on tariffs.

Trump tariff talks are prolonging uncertainty: S.Africa central bank chair
Trump tariff talks are prolonging uncertainty: S.Africa central bank chair

The central bank governor of G20 chair South Africa warned Thursday that the ongoing trade talks sparked by US President Donald Trump's tariff plans could prolong uncertainty in the global financial markets. This, he added, meant that the uncertainty that has roiled global financial markets could be around for a "long" time to come.