France, Germany, Italy, and the U.K. have supported a $53 billion Arab-backed plan for Gaza’s reconstruction, despite U.S. and Israeli opposition. The plan aims to improve living conditions for Palestinians in Gaza through a post-war framework excluding Hamas, with a focus on the Palestinian Authority’s role. Trump’s relocation proposal for Gaza was rejected in favor of the Arab plan, emphasizing Palestinian-led efforts and dismissing concerns about corruption and terrorism.
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Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say
The U.S. will implement new tariffs starting at 15%, with potential increases up to 50% unless countries negotiate trade deals, impacting consumer prices and operational costs for companies like Nestlé and General Electric. Economists warn of gradual price hikes across various goods, particularly in categories reliant on imports, as the U.S. tariff regime becomes established. Want More Context? 🔎
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