🇺🇸❌🇪🇺 U.S. President, Donald Trump, hit the European Union with a standard 30% tariff after negotiations with the European Commission.

The tariff takes effect on August 1st 2025.

President of the European Commission, Ursula Von der Leyen said she “regretted” the tariffs, promised retaliation but promised she will continue to negotiate until August 1st to hopefully have the tariffs removed.

@Wallachian_Gazette

🇺🇸🇩🇪 Bundesbank head says tariffs may crush hopes for growth of the German economy

The head of Germany's Bundesbank warned on Thursday that the high import tariffs U.S. President Donald Trump currently plans to impose on European goods risk wiping out even a modest recovery in Europe's largest economy in the coming years.
Germany is battling to stave off a third consecutive year of recession in 2025, but Trump's 30% tariff on goods imports from Europe would, if implemented, erase whole chunks of transatlantic commerce and force a rethink of its export-led economic model.

"If tariffs materialise in August, a recession in Germany in 2025 cannot be ruled out," Bundesbank President Joachim Nagel said.

The Bundesbank forecast a stagnation this year and slight growth of 0.7% in 2026, before the tariff rate was announced last week.

The projected growth for next year is no longer secure, with Nagel warning it could "possibly be completely eaten up by the tariffs that are now being discussed".

With European leaders hoping they can still win some kind of reprieve from Trump before his August 1 deadline, Nagel urged negotiators to aim for a significant reduction in the announced tariffs, which ideally should not be implemented at all. "That must be the goal."

Turning to any potential EU response if a deal is not reached, Nagel said all options should be considered, including the so-called anti-coercion instrument, which allows the bloc to retaliate against third countries that put economic pressure on EU members to change their policies.

The Bundesbank chief and ECB policymaker also issued a stark warning against interfering with the independence of central banks, following Trump's attacks on Federal Reserve Chair Jerome Powell.

🔗 https://www.reuters.com/business/finance/bundesbank-head-says-tariffs-may-crush-hopes-german-growth-2025-07-17/

🇮🇱❌✝️🇻🇦 Based on photographs, the Israeli tank crew who fired at the Latin Church of the Holy Family in Gaza City, (not a missile as initially reported) aimed at the cross on the church but missed and hit the roof, causing part of it to collapse and crush several people, killing three and injuring a dozen more including the parish priest.

The IDF released a statement “deeply regretting” the “misfire” which resulted in the deaths and injuries at the Latin Church of the Holy Family.

Israel also “deeply regretted” firing at the USS Liberty when it “mistakenly misidentified” the ship as an Egyptian vessel.

@CIG_telegram

🇺🇸😷📹 — U.S. President Donald Trump diagnosed with vein issue after reporting swollen legs Per White House

Luckily, it's nothing serious.

"An echocardiogram was also performed and confirm normal cardiac structure and function. No signs of heart failure, renal impairment or systemic illness were identified."

🔗 Nick Sortor (@nicksortor)

🇪🇸🗳❗️ — The Center-Right, Pro-Israel Spanish People's Party (PP) would win the general elections in Spain with 36.1% of the votes and a 10-point lead over the ruling leftist Pro-Palestine Spanish Socialist Workers' Party (PSOE), according to the DYM survey