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Trump says US to exit landmark nuclear arms pact, Russia threatens retaliation

ELKO, Nev/MOSCOW: President Donald Trump said Washington would withdraw from a landmark Cold War-era treaty that eliminated nuclear missiles from Europe because Russia was violating the pact, triggering a warning of retaliatory measures from Moscow. The Intermediate-Range Nuclear Forces Treaty, negotiated by then-President Ronald Reagan and Soviet leader Mikhail Gorbachev in 1987, required elimination of short-range and intermediate-range nuclear and conventional missiles by both countries. “Russia has not,…

US clothing, cosmetics on possible EU retaliation list

BRUSSELS: Clothing, orange juice, cosmetics and other products from the United States may be subject to European Union duties if US President Donald Trump carries out his threat to impose global import duties on EU steel and aluminum. The European Commission has said it would respond “firmly” to proposed US import duties of 25 percent on steel and 10 percent on aluminum. It has drawn up a list of 2.8 billion euros ($3.46 billion) worth of US products on which it could apply a 25 percent tariff. Commission President…