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This is the World in brief from The Economist.

Our top stories.

The European Union and America set out new details of a trade deal, the outline of which

was agreed on last month.

Among them is a requirement that the EU lowered tariffs

on American goods in order for its cars to face a reduced rate of 15%. The statement also hints

at the possibility of cutting levies on European steel and aluminium. Benjamin Netanyahu said Israel would begin negotiations with Hamas

to pause fighting and secure the release of some remaining hostages. The militant group agreed to the

proposal this week. The Prime Minister also approved a plan by the Israel Defence Forces to take over Gaza City.

Earlier, the IDF said it had seized control of the city's outskirts.

An appeals court in New York overturned a civil fraud penalty of around $500 million against Donald Trump.

Last February, Mr. Trump was found liable for business fraud after a judge determined that his property company inflated asset values

to secure better loan terms.

The verdict remains upheld.

On Thursday, Mr. Trump claimed total victory,

calling the case a political witch hunt.

Vladimir Zelensky said there was no signal that Russia intends to engage in negotiations to end the war, following an attack earlier on Thursday.

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