Morning Briefing Asia

EU Agrees to Pay 15% Tariff on Most Exports to US

Illustration: Daybreak/Getty Images

Good morning. The US and EU strike a deal. A new premium credit card joins the fray. And China moves to launch an international AI organization. Listen to the day’s top stories.

Just in time for the Friday deadline, the US and European Union have reached an agreement that will see the bloc face a lower-than-threatened 15% tariff on most goods, including cars. China bought itself some more time, with the South China Morning Post reporting that the US will hold off on implementing measures against the country for another 90 days.