U.S. President Donald Trump said on Sunday that "we are only semi-negotiating" with Iran, noting that he is prepared to allow economic pressure on Iran to mount -- as opposed to ordering a new military offensive, Axios reported.
"We are low keying it," Trump told Axios during a brief phone call, arguing that Iran "is in very bad shape" economically.
The report noted that an agreement governing traffic in the Strait of Hormuz was negotiated among Iran, Oman and the United States, and "has been pending for a few days now".
Iranian Foreign Minister Seyed Abbas Araghchi said Saturday that Iran and Oman are "very close" to an agreement on the designation of a temporary route for maritime traffic in the Strait of Hormuz, according to Iran's official news agency IRNA.
Araghchi said on Sunday that the resumption of negotiations between Iran and the United States would not be possible unless the latter ends its violation of the MoU recently signed between the two countries.
Araghchi made the statement while speaking to reporters on the sidelines of an event in Tehran, stressing that no negotiations are currently underway between the two sides.
Trump says "only semi-negotiating" with Iran: media
Trump says "only semi-negotiating" with Iran: media
Chinese and European representatives called for closer cooperation on trade, investment, electric vehicles and artificial intelligence at a round-table meeting in Hangzhou, eastern China's Zhejiang Province, on Monday, highlighting areas of shared economic interest despite strains in broader China-EU relations.
Thirty-seven representatives attended the 21st China-EU Round Table, co-hosted by the China Economic and Social Council and the European Economic and Social Committee, advisory bodies representing business, labor and other social groups.
The discussions covered poverty reduction, trade and investment, and artificial intelligence. Participants said cooperation between China and the European Union, two of the world's largest economies, remained important for trade and global growth.
Paul Rubig, a member of the Employers' Group at the European Economic and Social Committee, said stronger two-way investment could support trade and boost consumers' purchasing power.
"I think it's very good to see that the investment on both sides should be developed in a more professional way. So it's very interesting for China companies to invest into Europe and vice versa, because that would align a good trading policy. And if it's in products or in services, for the consumers it's important to gain buying power. And you gain buying power in export and import," said Rubig.
Electric vehicles were another focus of the talks, as Chinese new-energy vehicles gain a growing presence in Europe despite tariffs. Delegates said sharing experience could help make advanced electric-mobility technologies more widely available.
Ioannis Paidas, president of the International Association of Economic and Social Councils and Similar Institutions, said China had established a substantial lead in electric-vehicle technology.
"It is true that China has indeed pulled far ahead when it comes to electric vehicle technology. Even in Europe right now, millions of vehicles featuring Chinese electric technology with top performance are on the roads. In my own country, Greece, 60 percent of the electric buses that have been brought in for Athens and Thessaloniki are Chinese-made electric buses. It must be said here that because Europe has a great many automotive industries, China ought to share its latest developments in electric vehicle technology with Europe, so that Europe too can acquire cutting-edge technology for electric mobility," said Paidas.
Trade links between China and Europe have also continued to expand. The China-Europe Railway Express operated 12,988 services from January through July in 2026, up 17.6 percent from a year earlier, according to China State Railway Group.
Participants said the discussions showed continued scope for practical cooperation in trade, investment and emerging technologies.
Chinese, EU representatives call for closer trade, investment ties
