US president says it’s time to reopen businesses as US deaths top 70,000; UK deaths second-highest worldwide. Follow the latest updates
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European Union leaders host a summit on Wednesday with their six Balkan counterparts whose praise for Chinese and Russian support during the coronavirus crisis has ruffled feathers in the bloc, officials and diplomats said.
The EU says it has not been given enough credit for the €3.3bn ($3.6bn) it is providing, which officials said outweigh medical supplies Beijing and Moscow sent to Serbia and Bosnia in the early phase of the epidemic, Reuters reports.
The United States and Britain launched formal negotiations on a free trade agreement on Tuesday, vowing to work quickly to seal a deal that could counter the massive drag of the coronavirus pandemic on trade flows and the two allies’ economies, Reuters reports.
The talks, to be conducted virtually, will involve over 300 US and UK staff and officials in nearly 30 negotiating groups, US Trade Representative Robert Lighthizer and UK trade minister Liz Truss said in a joint statement.
The first round of talks began as new US data showed a record drop in US. exports and a contraction in the vast US service sector for the first time in over a decade.
It is Washington’s first major new trade negotiation in 2020. London has also been working out trade terms with the European Union following its exit from the bloc in January.
from World news | The Guardian https://ift.tt/2W6Y5Or
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