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Time for EU to show its gun in US tariff spat, says ex-trade chief
Time for EU to show its gun in US tariff spat, says ex-trade chief

Euronews

time6 days ago

  • Business
  • Euronews

Time for EU to show its gun in US tariff spat, says ex-trade chief

The EU needs to deploy its 'bazooka' anti-coercion trade weapon and show it means business, since tariff negotiations with the US won't lead to a balanced outcome, the European Commission's former chief of trade has told Euronews in an interview. 'Trump isn't looking for an agreement — he's engaging in mafia-style extortion,' said former Director-General of DG Trade Jean-Luc Demarty, adding: "In addition to the €93 billion in retaliatory measures, I would add the triggering of the anti-coercion instrument. What Trump is doing is clearly coercion. It would be a way to show that we've put our Colt on the table for the negotiation.' On 12 July, US President Donald Trump threatened to impose 30% tariffs on EU imports if a satisfactory agreement is not reached with the EU on tariffs by 1 August. Since mid-March, the US and the EU have been embroiled in a trade dispute, with EU steel and aluminium imports facing a 50% US tariff, cars 25%, and all other imports 10%. The EU has adopted an initial list of retaliatory measures, currently suspended, targeting €21 billion worth of American products. A second list, covering €72 billion, is in the process of being adopted. But Demarty said the EU executive needs to go further, by contrast with Commission President Ursula von der Leyen, who said on 13 July that the situation did not yet amount to coercion. Anti-coercion instrument offers stronger trade defences The anti-coercion instrument, adopted by the EU in 2023, allows the EU to restrict the right to participate in public procurement tenders, restrict licences and adopt restrictions on trade in services and trade-related aspects of intellectual property rights, once coercion by a third country has been established. According to the former senior EU official, since the negotiations stand no chance of resulting in a balanced deal, the EU will have to target US services — and that will require political courage. 'Measures will need to be taken on services, digital and financial sectors, to rebalance an asymmetric deal. Because by targeting US goods, the EU cannot significantly exceed around €100 billion without shooting itself in the foot — since the rest are imports it depends on,' he said. 'It's an existential political moment,' he added. 'If we aren't capable of doing this, then why would the Chinese hesitate to exert coercion against us? Or others ? It would prove that Europe has the courage to take the risk of a trade war, which in my opinion is inevitable. It will be costly for us, but much more costly for the United States, and it will push Trump back.'

Exploring Gun Shops in Austin, TX
Exploring Gun Shops in Austin, TX

Time Business News

time14-07-2025

  • Automotive
  • Time Business News

Exploring Gun Shops in Austin, TX

Austin is a vibrant hub for firearms enthusiasts—whether you're into modern pistols, hunting rifles, or historic collector's pieces. Here's a curated look at prominent gun shops in the city and why Collectors Firearms deserves special attention.1. Collectors Firearms (Austin showroom @ The Range) Location & FFL Info : Operating under Collector's Firearms, Inc. (FFL #5‑74‑453‑01‑5F‑12611), this showroom is located inside The Range at I‑35 & Slaughter, Austin, TX 78744. : Operating under Collector's Firearms, Inc. (FFL #5‑74‑453‑01‑5F‑12611), this showroom is located inside The Range at I‑35 & Slaughter, Austin, TX 78744. Selection : One of the nation's largest and most diverse inventories, with over 12,000 firearms spanning centuries of firearm design. They carry everything from modern handguns and shotguns to antique and Curio & Relic (C&R) pieces. : One of the nation's largest and most diverse inventories, with over 12,000 firearms spanning centuries of firearm design. They carry everything from modern handguns and shotguns to antique and Curio & Relic (C&R) pieces. Collectors' Interest : Notable for offering rare historic guns—examples include Colt 1878 DA revolvers with pearl grips shipped to Austin in the 1890s, classic Winchester rifles, engraved Colt government models, and celebratory commemoratives. : Notable for offering rare historic guns—examples include Colt 1878 DA revolvers with pearl grips shipped to Austin in the 1890s, classic Winchester rifles, engraved Colt government models, and celebratory commemoratives. Collector-Friendly Services: Known to buy collector-grade firearms—locals on r/austinguns recommend bringing quality photos or visiting the showroom for appraisal and potential purchase deals. 2. The Range at Austin This expansive indoor range (52,000 sq ft) also hosts a retail arm selling a wide variety of firearms and accessories. It's the physical home to Collectors' Austin showroom, merging convenient access to a shooting range with immediate access to inventory.3. Other Noteworthy Gun Shops in Austin According to local rankings and reviews on Yelp, the city also boasts: Saddle Rock Armory (5-star, 41 reviews) Central Texas Gun Works Gun Warehouse Huge Antique & C&R Rifle Revolvers Collection They feature firearms over 50 years old with distinctive history—from Colt Walker-era pieces to milestone commemoratives and engraved collectibles—perfect for serious enthusiasts. Curated, Rotating Inventory Their online catalog frequently changes, presenting historic gems like engraved Winchesters, Colt government models, and even Class III/NFA offerings (where legally permissible). Authenticity & Licensing Confidence With a proper ATF license and longstanding reputation since 1975, they handle C&R and antique classifications with depth and transparency . Supportive Community Peers on r/austinguns recommend them for selling or appraising collector's firearms—highlighting their professionalism and focus on quality pieces. Verify FFL Status : Collector's carries a valid FFL (#5‑74‑453‑01‑5F‑12611), which is essential for interstate firearm transfers and museum-level pieces. : Collector's carries a valid FFL (#5‑74‑453‑01‑5F‑12611), which is essential for interstate firearm transfers and museum-level pieces. Document Your Firearms : When selling or consigning, detailed photos of stamps/markings greatly help staff accurately assess provenance and value . : When selling or consigning, detailed photos of stamps/markings greatly help staff accurately assess provenance and value . Plan Visits Around Inventory: Since rare or historic pieces rotate, it's smart to periodically check their online 'new arrivals' section or directly contact their showroom. For anyone in Austin with an interest in firearms—especially collectors—Collectors Firearms' showroom is a unique destination. Whether you're hunting for a historic Colt or looking to appraise and sell your antique pistol, their breadth of inventory and depth of expertise make them a must-visit. And with a top-tier range under the same roof, you can explore, evaluate, and experience all in one trip. Want help sourcing specific models—like a classic Colt Walker replica or a Winchester '66? I'd be happy to track down availability or compare local prices! TIME BUSINESS NEWS

Mitsubishi aims to increase European sales with new Renault models
Mitsubishi aims to increase European sales with new Renault models

TimesLIVE

time01-07-2025

  • Automotive
  • TimesLIVE

Mitsubishi aims to increase European sales with new Renault models

Mitsubishi aims to increase its European sales by up to 30% with the help of two new Renault-based models, the regional CEO for the Japanese carmaker, Frank Krol, told Automotive News Europe. The aim is to sell 75,000 to 80,000 vehicles annually in Europe, a gain of 20 to 30% compared to 2024, Krol said in an interview published on Monday, without giving a timeframe. To save money and time on development, Mitsubishi based its latest Colt and ASX cars on the Renault Clio and Captur models. The company will add two new models derived from its French partner's line-up this year. On Tuesday it will unveil the Grandis, based on the Renault Symbioz SUV made in Spain. In September it hopes to unveil the new Eclipse Cross car, based on the Renault Scenic built in France and turned into a pure electric vehicle.

Mitsubishi aims to increase Europe sales with new Renault models, reports Automotive News Europe
Mitsubishi aims to increase Europe sales with new Renault models, reports Automotive News Europe

Reuters

time30-06-2025

  • Automotive
  • Reuters

Mitsubishi aims to increase Europe sales with new Renault models, reports Automotive News Europe

PARIS, June 30 (Reuters) - Mitsubishi Motors (7211.T), opens new tab aims to increase its European sales by up to 30% with the help of two new Renault-based models, the regional CEO for the Japanese carmaker, Frank Krol, told Automotive News Europe. The aim is to sell 75,000 to 80,000 vehicles annually in Europe - a gain of 20 to 30% compared to 2024, Krol said in an interview published on Monday, without giving a timeframe. In order to save money and time on development, Mitsubishi already based its latest Colt and ASX cars on the Renault ( opens new tab Clio and Captur models. The company will add two new models derived from its French partner's line-up this year. On Tuesday, it will unveil the Grandis, based on the Renault Symbioz SUV made in Spain. In September, it also hopes to unveil the new Eclipse Cross car, based on the Renault Scenic built in France and turned into a pure electric vehicle.

Looking back at Logo TV: 1st LGBTQ+ network transformed queer representation
Looking back at Logo TV: 1st LGBTQ+ network transformed queer representation

Indianapolis Star

time29-06-2025

  • Entertainment
  • Indianapolis Star

Looking back at Logo TV: 1st LGBTQ+ network transformed queer representation

Brian Graden grew up in the Midwest, closeted through young adulthood because under his beliefs at the time, homosexuality was a sin. Queer representation was nonexistent at home, school or in his community. But seeing LGBTQIA+ people on television allowed him to accept a part of himself he tried to hide for so long. Graden, now 60, was the first president of Logo TV, the groundbreaking 24-hour LGBTQIA+ television network, which celebrates its 20th anniversary on Monday, June 30. It was on Logo that the now internationally-beloved "RuPaul's Drag Race" aired for the first time in 2009. Not far away, Colt, who requested USA TODAY only use his first name for privacy reasons, was living a similar life. He remembers sneaking into his family room to watch Logo as a teenager. "I stumbled upon the Logo channel during a channel-surfing adventure. There would be a pause as I watched the TV before I quickly passed on to one of my regular shows. During the nights I stayed up late, while my family was asleep, I'd navigate back to Logo and felt that difference awaken," Colt said about his queerness. Over the past 20 years, Logo has changed since its launch on June 20, 2005, an anxious night Graden remembers well. Speaking with USA TODAY, Graden said the network had a nearly 200-page manual for call center employees that featured a decision tree for how to handle callers upset with the network. "The shocking thing is, when we premiered, there was zero noise, just positive press. And so something had changed ... we either tamped down or got in front of or found a way or it had dissipated," Graden said. 'I am exactly who God made': Why travel is a battleground for drag and trans performers Sitting down with Jim Obergefell: He was at the center of a Supreme Court case that changed gay marriage. Now, he's worried. Before Logo was placed in Graden's lap, he served as MTV's president of entertainment, overseeing network programming. Graden said around 2002 or 2003, a "very pushy and pioneering internal exec" named Matt Farber presented the idea for Logo TV. "(He) really, really kept just advancing this idea, would not let it go," Graden said. Judy McGrath, the CEO of MTV at the time, asked Graden to take on the network as president. The Logo concept was solid, Graden said, but the first roadblock the team faced was securing advertisers. "I remember months before we were starting, we still had not a single advertiser," Graden said. "I was afraid we were going to have mesothelioma ads just filling every break constantly." But companies eventually come through, including Subaru, Miller Brewing Company and Tylenol. Graden said many of the companies didn't have advertisements dedicated to the queer community, so Logo created an in-house advertising group to help curate specific ads for the LGBTQIA+ audience. "It was very last minute when it came together, but we were able to go to market with enough advertisers that gave us credibility," Graden said. Getting started, the majority of Logo's content was pulled from a movie library, Graden said. This gave the network access to plenty of content for 24-hour broadcasting. Some of Logo's first original series were: "Noah's Arc," a fictional series about a group of gay Black men in Los Angeles, which Colt remembers watching at home; "Open Bar," a reality series about a gay man who opens a bar in Los Angeles; and "The Ride: Seven Days to End AIDS," a docuseries following the annual seven-day cycling event in California that raised awareness for HIV/AIDS. But without a doubt, the most popular original show to come from Logo was "RuPaul's Drag Race," a reality competition series that follows contestants of drag performers competing to be "America's Next Drag Superstar," hosted by none other than RuPaul himself. The series premiered in February 2009. In the beginning of Logo, Graden said he was hesitant about drag content on the network. "All I could see were the images of the gay Pride parades, and I knew how those images had been used against us," Graden told USA TODAY. "I always said, 'Look, drag content is fun and funny, but I don't think it's the first thing we should put out there.'" Graden also felt Logo had covered its drag basis by broadcasting movies like "To Wong Foo, Thanks for Everything! Julie Newmar," the 1995 comedy about three drag queens on a road trip. But the pitch for "RuPaul's Drag Race" was solid. "They came in and they had thought through each beat remarkably, remarkably well. They knew how every minute of television was going to be filled," Graden said. "If you watch it now, you know exactly which beat is coming where and that skeleton was obvious then. That's how they pitched it." Unlike Logo's other original programming, the network couldn't produce a pilot and test how audiences liked "RuPaul's Drag Race." The competitive nature of the show made it was an all or nothing. "And so we went all in ... and it was one of the first shows to immediately have a pulse. It was thrilling. In a million years, I would've never imagined that it became what it became. Anybody who arrogantly says they know in the moment that it's (a television show) the biggest thing on earth, no way. I was just hoping it would hold its own and get a little bit of a number on Logo to justify spending all that money," Graden said with a chuckle. After a successful nine seasons, "RuPaul's Drag Race" left Logo and began airing on the celebrity television network VH1 in 2017. Then in 2023, the series moved to MTV. The series' leave from its original network played a significant role in how Logo operates today. Paramount did not respond to requests for comment about Logo TV when contacted by USA TODAY. Graden left Logo in 2010, a year after the "RuPaul Drag Race" premiere. He said he was interested in starting his own media company, which he did, and didn't "fit" with new network executives. In 2013, Logo pivoted, turning much of its original programming to social media. The network launched 10 original shows on its YouTube channel and continues to maintain new content on the platform. As for Logo the television network, original content is not produced for the network anymore and the bulk of its offerings are re-runs. Graden attributes this to the general decline of cable. Despite how Logo operates today, its impact on the queer community was transformational for people like Colt, who says Logo helped him process what he was feeling in a "proper way." "Queer representation is human representation. Growing up, I saw more fire safety ads (for) 'Stop, Drop and Roll' than I did anything LGBT. I wholly expected to catch fire more often than see a gay person," Colt told USA TODAY.

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