Unbiased AI-powered news
60 stories related to this topic, newest first.
Fox NewsFox News reported that nine of the 20 fastest-growing economies are in Africa after the Trump administration shifted focus from aid to trade. U.S. exports increased and 37 commercial deals closed for $25.67 billion.
Fox NewsThe United States declined a 16-year extension of the trade pact on July 1 and will conduct yearly reviews instead. Officials cited northern border security issues including fentanyl seizures and watch-list arrests.
jns.orgA U.S. policy adjustment now places the UAE in the same export tier as Europe, South Korea, and India for advanced AI chips. The change follows months of UAE actions including missile interceptions and Strait of Hormuz security operations.
pravdareport.comA bipartisan group of U.S. senators introduced the Sanctioning Russia Act of 2026 on July 14. The measure replaces an earlier 500 percent tariff proposal with tariffs of up to 100 percent on the top five purchasers of Russian oil and natural gas.
upi.comChancellor Rachel Reeves told City leaders at the Mansion House dinner that Britain's partnership with the European Union is now its most important international alliance. She urged closer ties and repeated her criticism of Brexit's economic effects. GB News reported the remarks…
espn.comThe United States Trade Representative initiated a Section 301 investigation into Brazil's policies on social media liability. The probe follows a Brazilian court order requiring platforms to remove certain content.
arynews.tvThe U.S. president announced the reimposition of a naval blockade on Iran and a 20% tariff on cargoes transiting the Strait of Hormuz. The measures follow ongoing regional conflict that has already disrupted shipping through one of the world's busiest maritime passages.
yna.co.krThe U.S. Department of Commerce removed licensing requirements for UAE government and approved companies buying semiconductor processors, commercial satellites, military equipment, and dual-use civil nuclear items. The policy change marks the first such exemption granted to any M…
globalnews.caCbc reported that Ontario has spent about $8 million storing nearly $80 million worth of American alcohol removed from LCBO shelves in March 2025. Roughly 3.3 percent of the stockpile has expired while the province reviews options.
news.google.comWS Game Company shifted production of a custom Monopoly game to domestic suppliers following a large tariff bill on its China-made products. The effort required over a year to assemble U.S. partners and resulted in at least double the manufacturing cost.
realitytea.comA CBS News-YouGov poll in May found 54 percent of white non-college voters disapproved of President Trump's job performance, up from 32 percent in February 2025. Similar surveys from NPR/PBS/Marist, Fox News, and Reuters/Ipsos recorded disapproval rates between 48 and 51 percent…
newslaundry.comKazakhstan will keep its petroleum export ban in place until May 22, 2027, and has added new border controls with Russia. The measures follow gasoline shortages in Russia linked to Ukrainian strikes on refineries and renewed U.S.-Iran tensions near the Strait of Hormuz.
abcnews.go.comThe Federal Reserve Bank of New York reported that 47 percent of service firms and 44 percent of manufacturers expect to raise prices due to tariffs. Some companies are delaying increases until contracts expire while others are spreading them over time.
gamereactor.euA U.S. official said Wednesday the United States would stop all trade with Spain after the country declined to raise defense spending to 5% of GDP. The statement came during a press conference at the NATO summit in Ankara, Turkey.
TimeThe U.S. administration directed Treasury Secretary Scott Bessent to stop trade with Spain during a July 8 NATO summit meeting. Officials cited Spain's defense spending and stance on U.S. military operations related to Iran.
newrepublic.comSpanish officials described statements about cutting off trade as routine and said they are treating them as business as usual. No specific actions or timelines were detailed in the statement.
espn.comToyota will add a second assembly line at its San Antonio facility, creating more than 2,000 jobs and increasing annual output by about 150,000 vehicles. The expansion raises the company's total investment in the site to $8.3 billion since 2003.
YonhapThe president stated that tariff policy has led South Korean, Japanese and German automakers to open factories in the United States. The remarks came during a White House event introducing new children's investment accounts.
A diamond-encrusted gold ring valued at $25,000-35,000 was given to the U.S. ambassador to Belgium this week for delivery to the president. The gift follows the removal of U.S. tariffs on polished diamond imports from Antwerp.
WiredThe Commerce Department rejected an authorization request that would have allowed Polestar to continue U.S. sales after 2026 despite a federal rule on Chinese-made connected-vehicle systems. The company, majority-owned by China's Geely Holding, said it will stop selling vehicles…
South China Morning PostGermany's ruling coalition approved a 34-point plan on Thursday to revive the economy. The package includes calls for stronger European-level protection against unfair trade practices.
SemaforOfficials from both countries said Thursday they are advancing plans to cut duties on farm goods. The change could shift Chinese soybean purchases toward U.S. suppliers over Brazilian ones. Trade relations remain stable under an existing truce.
Los Angeles TimesEuropean heads of government have increased coordination on defense, tariffs and foreign policy following public criticism from President Trump. The shift includes closer ties between Italy's premier and other European leaders who previously kept distance over political differenc…
EuronewsEuropean Commission President Ursula von der Leyen announced Autonomous Trade Measures and financial packages during her July 2, 2026, visit to Yerevan. The steps follow her July 1 stop in Azerbaijan and target redirection of Armenian exports away from Russia.
Nbc NewsThe U.S. will start ten years of negotiations on changes to the U.S.-Mexico-Canada Agreement rather than renew it outright. Officials said the move addresses trade deficits that grew after the deal took effect in 2020.
Government officials have started a formal review of the United States-Mexico-Canada Agreement. The process marks the beginning of a countdown toward the pact's scheduled expiration.
The department is expected to lift restrictions on the model tonight. Politico first reported the planned change.
mediaplaynews.comThe European Union will restrict the volume of tariff-free steel its member states can import beginning Wednesday. The measure is intended to shield the bloc's steel sector from global overcapacity.
dailykos.comThe company filed claims seeking a refund of approximately $88 million in tariffs. It will record $27 million in cost of goods sold and $61 million in positive non-recurring income in North America operating results for the second quarter of 2026.
dailykos.comThe federal government is distributing billions in tariff refunds to companies before the end of June. The payments follow a Supreme Court ruling that found the tariffs unlawful.
abcnews.go.comThe agreement between the United States, Mexico and Canada reaches its first mandatory joint review on July 1. Officials have signaled differing positions on whether to extend the pact for another 16 years or shift to annual reviews.
thehindu.comA Competere Foundation model projects $525 billion in reduced economic activity across U.S. states over ten years if South Korea enacts the Online Platform Fairness Act. The legislation would expand authority of the Korea Fair Trade Commission over certain transactions involving…
Apple is requesting approval to purchase memory chips from Chinese DRAM manufacturer CXMT. The request follows existing U.S. export controls on advanced semiconductor technology.
rediff.comU.S. President Donald Trump warned Friday that any nation imposing a digital services tax on American companies will face 100% tariffs on its exports to the United States. The measure would override existing trade deals and targets European countries considering such taxes.
President Trump stated Friday that any country imposing a digital services tax on American companies will face immediate 100% tariffs on its exports to the United States. The measure would override existing trade deals and targets European nations considering such levies.
Fox NewsThe investigation follows Germany's proposal to pay less for U.S.-developed medicines. It will run through the fall with a public hearing set for Sept. 22. The move echoes an earlier tariff threat that led the United Kingdom to raise payments.
paultan.orgThe Department of Commerce’s Bureau of Industry and Security rejected Polestar’s request to sell vehicles from model year 2027 onward. The company, owned by Chinese automaker Geely, said it will stop marketing and sales of those models in the United States while continuing suppor…
EngadgetThe European Union held talks with the Trump administration about access to Anthropic PBC's most advanced artificial intelligence models. The discussions followed U.S. restrictions on foreign nationals accessing the technology earlier this month.
asiaone.comThe U.S. Secretary of State stated that labels such as toll or fee for a tariff amount to semantics. The remarks addressed how different terms describe the same policy measure.
China placed MP Materials, USA Rare Earth and eight other U.S. entities on its export-control list, citing links to the U.S. military. The move follows recent U.S. restrictions on several Chinese companies.
President Trump stated on Saturday that no toll will be charged for passage through the Strait of Hormuz during or after a 60-day interim ceasefire with Iran, unless the U.S. later imposes one if peace talks fail.
middleeasteye.netNorway's government announced a draft bill that would prohibit trade in goods produced in Israeli settlements and ban related real estate and business transactions. The measure would apply to the West Bank, Gaza, and East Jerusalem. A three-month consultation period on the propos…
Cuban authorities have enacted 176 economic measures that decentralize state control, allow private banks, and open imports and exports to non-state actors. The changes mark the largest shift in the island’s economic model since the 1959 revolution.
Washington ExaminerThe trip marks his first domestic stop since the G7 summit. A White House official confirmed the Macungie visit to the Washington Examiner.
upi.comThe U.S. government and Intel announced a partnership with Apple to design and produce semiconductor chips in the United States. The move follows the government's 10% stake purchase in Intel last August.
The HillCanadian Prime Minister Mark Carney said he held multiple discussions with President Trump at the G7 summit but did not hold a formal bilateral meeting. Trade talks on the USMCA continue amid uncertainty over its renewal.
France 24President Trump told reporters the Russia-Ukraine conflict has limited direct impact on the United States beyond arms sales. Ukrainian President Volodymyr Zelensky pressed G-7 leaders for additional air-defense support.
japantimes.co.jpEuropean officials at the G-7 summit are working to move past earlier disagreements with the United States. The meetings focus on trade, security, and economic coordination among member nations.
France 24President Trump said he would impose a 100 percent tariff on all French wine and champagne exports if France continues collecting its three percent digital services tax on U.S. technology companies. The tax, enacted in 2019, raises about $700 million a year. The issue is expected…
The U.S. Trade Representative opened a public comment period on proposed tariffs of up to 12.5 percent on imports from 60 economies, citing failure to block goods made with forced labor. The move follows a February Supreme Court ruling that ended an earlier tariff program under t…
winnipegfreepress.comCanadian Prime Minister Mark Carney said Sunday that recent U.S. restrictions on advanced AI models show the need for countries to diversify technology suppliers. The comments came ahead of the Group of 7 summit in France.
Washington ExaminerCommerce Secretary Howard Lutnick toured the Edgar Thomson Works in Braddock, Pennsylvania, on June 8, 2026. The visit marked the first anniversary of the Nippon Steel acquisition of U.S. Steel, which included commitments for capital investment and employment levels.
rediff.comCanada's prime minister met Ireland's leader on Saturday and called for middle-power nations to form alliances rather than seek favor with the United States. He highlighted combined EU-Canada economic and defense strength before the Group of Seven meeting in France.
financialpost.comThe Office of the U.S. Trade Representative determined last week that several Brazilian trade practices are actionable under Section 301. The notice cited Brazil's instant payment system Pix among the practices under review.
Abc NewsThe prime minister is expected to moderate criticism of U.S. trade policy ahead of the G7 meeting. The shift comes as talks to renew the USMCA trade agreement approach a key deadline.
FortuneOfficials said Amazon clearing fell 61.4% year-over-year in May, reaching the lowest level recorded for the month. The announcement follows a U.S. proposal last week to impose 25% tariffs on Brazilian imports, citing deforestation among other issues.
cnbc.comOfficials stated the naval blockade will remain active until a pending transaction reaches final approval. The announcement sets a clear condition for any change in enforcement status.
EuronewsA senior European Parliament member warned that the Airbus-Boeing subsidy dispute could jeopardize a recently concluded EU-US trade agreement if the five-year aerospace truce expires without extension. Lawmakers are scheduled to vote on the agreement next week.
BenzingaOpenAI identified two clusters of activity that used its chatbot to generate social media posts opposing U.S. tariffs and data-center expansion. The company banned the accounts involved.
The government is meeting steel trading groups this week to finalise exemptions from new 50% tariffs and quota cuts set to begin 1 July.