The US and EU released details of a trade deal that foresees lower car tariffs but no relief for Europe's wine sector, but Brussels said it would push for further concessions.

Brussels

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

Global Tariffs

The United States and the European Union have formalized a trade agreement that sets a 15% tariff on approximately 70% of European exports to the US, covering sectors such as cars, pharmaceuticals, and semiconductors. This tariff cap is described as the most favorable deal the US has offered to any partner, providing relief to industries that previously faced the threat of much higher rates.

However, the agreement does not extend to wine and spirits, which will now be subject to tariffs after more than two decades of zero duties. The reduction in car tariffs for European manufacturers will only take effect once the EU enacts legislation to lower duties on American industrial and agricultural goods. Existing higher sector-specific duties in the EU will remain unchanged.

EU gets 15% U.S. tariff for cars, but no wine reprieve

If you want to play ball, this is what you have to pay." After a vague and verbal truce announced in July, the U.S.-EU trade deal is finally in writing. The joint statement published on Thursday sees a 15 percent tariff imposed on about 70 percent of European exports to the United States, including pharmaceuticals and semiconductors, which U.S. President Donald Trump previously said were excluded from the deal and could face tariff rates as high as 250 percent and 100 percent, respectively. This is the most favorable trade deal the U.S. has extended to any partner. A wide range of sectors, including strategic industries such as cars, pharmaceuticals, semiconductors and lumber, will benefit from this cap." The deal has left one sector disappointed, wine and spirits. EU negotiators didn't succeed in their effort to get them exempted from the new rate. It's an area that both sides had enjoyed zero tariffs since 1997. We must work to preserve this American market. I would add that for every dollar of wine and spirits exported to the U.S., five dollars of revenue is generated in the United States. So the stakes are just as important, if not more important, for the American industry than for France and Europe." For European carmakers, on the other hand, the new rate comes as a relief, although with a caveat. The import duty will only come down from the current 27.5 percent once the EU formally introduces legislation that would relax duties on American industrial and agricultural products. Unlike some other nations, the EU won't see the standard 15 percent rate stacked on top of existing ones, and sector-specific duties that are already higher will remain unchanged.

Russia carried out one of its largest aerial attacks of the year on Ukraine. The strikes killed at least one person and injured 15, marking Russia’s third-largest drone attack and eighth-largest missile assault this year.

Kyiv

Ukraine Invasion

Russia launches largest strike in weeks on Ukraine

A California parole board has decided that convicted killer Eric Menendez will remain in prison. On Friday, the board will hear the case of his brother Lyle Menendez, who was also convicted in the 1989 murder of their parents.

California

Erik Menendez loses parole bid, brother Lyle faces parole board Friday

The U.S. is sending three warships to the waters of Venezuela as part of a major counter-narcotics operation, a White House official confirms. CBS News senior national security correspondent Charlie D'Agata reports.

Washington

U.S. warships head to Venezuela to combat drug cartel threats

An eyewitness says American subcontractors at Gaza Humanitarian Foundation sites shot at Palestinians, a claim GHF denies.

Tel Aviv-Yafo

Middle East Conflict

Eyewitness claims U.S. subcontractors fired at Palestinians in Gaza

California Gov. Gavin Newsom has signed a bill that will allow voters to decide on new congressional maps in November.

Newsom signs bill putting new California congressional maps on ballot

A New York appellate court threw out a $527 million penalty in the civil fraud case against President Trump and several others. CBS News' Aaron Navarro reports.

New York

Trump civil fraud case $527 million penalty thrown out

The U.S. and the European Union have locked in a framework trade deal that includes a 15% U.S. tariff on most EU imports, including autos, pharmaceuticals, semiconductors and lumber.

U.S. and EU lock in trade deal

Israel says it began its military operation to take control of Gaza City. This comes after an apparent Hamas attack in Khan Younis targeting Israeli soldiers.

Jerusalem

Israel says it began Gaza City expansion

After weeks of pushback from Democrats, House Republicans in Texas have passed controversial legislation to redraw the state's congressional map, giving the GOP an advantage in multiple seats.

Austin

Texas House passes controversial GOP redistricting map

U.S. President Donald Trump’s top-down diplomacy has experts in Ukraine skeptical about whether there has been enough preparation for proposed talks to actually end the war between Russia and Ukraine.

Moscow

Russia signals more talks needed before Zelenskyy-Putin meeting

The Texas House on Wednesday night passed a controversial, Republican-backed proposal to redraw the state's congressional maps. The bill now moves onto the Texas Senate. CBS News reporter Erica Brown has more.

Texas

Texas House approves GOP congressional redistricting map

Israel's military has called up tens of thousands of reservists in preparation for an expected assault on Gaza City, as the Israeli government considered a new proposal for a ceasefire after nearly two years of war.

Israel calls up 60,000 reservists ahead of Gaza City operation

The Trump administration says it is adding 407 items to the list of "derivative" steel and aluminum products subject to higher tariffs. The list includes products like car parts, household appliances, baby strollers, fire extinguishers and spray deodorants.

Trump expanding steel and aluminum tariffs

NATO military chiefs met virtually Wednesday for what was described as a candid discussion about security guarantees the alliance would be willing to provide to Ukraine in an effort to end Russia's war in the region.

NATO chiefs meet virtually about potential Ukraine security guarantees

Israel's military leaders approved the next phase of their ongoing offensive in the territory. The operation will shift focus to Gaza City, targeting areas where Hamas is believed to still be active and where Israeli forces have not yet operated.

Israel approves next phase of Gaza offensive, focus on Gaza City

Despite not making landfall, Hurricane Erin is forcing mandatory evacuation orders in parts of North Carolina and is expected to cause rip currents for days along the U.S. East Coast.

North Carolina

Hurricane Erin forces evacuations on U.S. East Coast

The White House says it is working to secure a meeting between the presidents of Russia and Ukraine, which both have agreed to, while plans continue to create security guarantees for Ukraine.

Trump says no U.S. ground troops will be sent to Ukraine

Hamas has agreed to a ceasefire proposal for Gaza, but mediators are still waiting for an official response from Israel. CBS News contributor Robert Berger has the latest from Jerusalem.

Mediators await Israeli response to Gaza ceasefire proposal

Indian Prime Minister Narendra Modi met China’s top diplomat on Tuesday and hailed the “steady progress” made in improving the bilateral relationship after a yearslong standoff between the nuclear-armed Asian powers.

New Delhi

India's Modi meets China's foreign minister to rebuild ties

Texas Democrats who ended a walkout found themselves shadowed by law enforcement officers to keep them from repeating the protest that stalled Republican efforts to redraw congressional districts and fulfill President Donald Trump's desire to reshape U.S. House maps.

Police escort Texas Democrats to prevent new redistricting walkout

Air Canada has reached a tentative agreement with the Canada Industrial Relations Board (CIRB), ending the strike that began over the weekend involving 10,000 members and disrupted travel for more than 100,000 travelers per day.

Toronto

Air Canada reaches tentative agreement with flight attendant union

Exiled former Hong Kong lawmaker Ted Hui hailed Australia's grant of asylum status as a key acknowledgement of the territory's human rights infringements since its authorities quelled massive pro-democracy protests in 2019.

Hong Kong Island

Ex-Hong Kong lawmaker granted asylum by Australia

Forecasters are giving urgent warnings to millions of people who live along the East Coast as Hurricane Erin churns in the Atlantic. The storm will not make direct landfall but is expected to bring dangerous rip currents.

East Coast of the United States

Hurricane Erin to bring dangerous rip currents to U.S. East Coast

Jasveen Sangha, a Los Angeles woman known as the "Ketamine Queen," has agreed to plead guilty to federal charges in connection with the death of actor Matthew Perry. Sangha could face up to 45 years in prison.

Los Angeles

"Ketamine Queen" to plead guilty in Matthew Perry's death

European leaders who converged on the White House for talks on the Russia-Ukraine war demonstrated a united front regarding Ukraine's security on Monday, underscoring the issue as pivotal for the entire continent, not just Ukraine.

EU leaders show cautious optimism following Zelenskyy, Trump talks

As Hamas reportedly agreed to some ceasefire terms that would include the return of more hostages, Israeli Prime Minister Benjamin Netanyahu ordered troops to take more of Gaza.

Israel digs in on Gaza takeover as Hamas softens on ceasefire

President Donald Trump said that the United States would help Europe in providing security for Ukraine as part of any deal to end Russia's war in Ukraine.

Trump tells Zelenskyy U.S. would help with security in a peace deal

Bolivia's presidential vote headed to an unprecedented runoff after elections Sunday that ended more than two decades of left-wing dominance in the Andean nation but signaled voters' trepidation about a major lurch to the right.

La Paz

Bolivia heads to runoff after historic defeat for the left

All Air Canada planes were grounded on Monday (August 18) after its 10,000 flight attendants refused a return-to-work mandate from the Canadian government.

Air Canada delays plans to resume operations

Ukrainian President Volodymyr Zelenskyy arrived at the White House Monday (August 18) for his meeting with President Donald Trump and other European leaders about Russia's war in Ukraine. CBS News White House reporter Taurean Small has more.

EU gets 15% U.S. tariff for cars, but no wine reprieve

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