A 10% blanket tariff expires July 24 unless lawmakers act, while steel, aluminum, and other key sectors stay locked under permanent duties. The trade landscape hinges on Congressional action.
The US military has conducted six consecutive nights of airstrikes on Iranian infrastructure. Brent crude has jumped roughly 12% this week as geopolitical tensions raise concerns about Middle East energy supplies.
Brent crude surged to $84.66 amid renewed blockade fears in the Strait of Hormuz, forcing central banks in Latin America to reconsider interest-rate cuts and pushing Treasury yields to their highest level since mid-May.
Tehran says ceasefire agreement has deteriorated after weekend military exchanges. Trump indicated additional strikes on Iranian infrastructure could begin within a week.
Britain formally classified the Islamic Revolutionary Guard Corps as a terrorist entity on July 13, marking a shift in how Western governments treat Tehran's primary security apparatus.
A fragile US-Iran truce holds, but shipping through a critical waterway remains crippled—forcing bond and energy markets to reprice inflation risk upward.
A key Trump-era tariff tool expires July 24 unless lawmakers act. The administration is already laying groundwork for replacement tariffs targeting forced labor and manufacturing overcapacity across 60 economies.
Fresh strikes between Washington and Tehran have sent Brent crude up 5.4%, with markets bracing for potential supply disruptions through a critical shipping chokepoint.
The United States declined to renew the USMCA in its current form as of July 1, leaving the agreement's future uncertain. The three nations will now haggle over terms, with automotive and agriculture in the crosshairs.
Only 34 ships moved through the critical waterway today versus 88 normally, leaving 6,000 seafarers waiting and crude oil climbing.
Energy markets jolted higher after Trump signaled renewed conflict with Iran, while shipping through a critical chokepoint remains severely restricted at just 5% of normal traffic levels.
The US military struck over 80 Iranian targets while the Trump administration reimposed sanctions on oil sales, prompting Iranian threats of retaliation.
A supply surge from competing Middle Eastern exporters is pressuring crude prices lower and exposing cracks in OPEC's ability to manage global oil markets.
President Trump and NATO leaders convene July 7–8 in Turkey as France, Germany, and the UK operate under weakened governing coalitions. For investors, the question is whether political fragmentation limits the alliance's ability to coordinate.
The two nations propose administering the critical waterway together through shared administrative fees as a temporary safe passage window nears expiration.
An 11-hour assault killed at least 21 people and damaged over 100 residential buildings, marking a significant escalation in aerial strikes on Ukraine's capital.
The U.S.-Mexico-Canada Agreement faces a mandatory renegotiation review on July 1, 2026, with the Trump administration already signaling it will demand changes on rules of origin, critical minerals, and economic security.
Escalating drone strikes are forcing Moscow to burn through air-defense missiles faster than domestic production can sustain, analysts say, while energy infrastructure damage compounds logistical strain.
A ceasefire framework between Israel and Lebanon faces immediate rejection from Hezbollah's leadership, signaling continued conflict as Israeli forces show no signs of withdrawing.
The militant group refused disarmament conditions and Israeli military presence in southern Lebanon. With key parties signing conflicting agreements, implementation remains uncertain.
Days after signing a memorandum of understanding, Iran canceled participation in technical negotiations with the US following military escalation. The collapse underscores deteriorating diplomatic prospects amid severe economic strain.
Beijing restricted exports to rare-earth miners and drone makers while blocking defense contractors from government contracts, escalating the military-tech standoff between the two powers.
Tehran's Revolutionary Guard warned vessels to use only Iran-approved routes through the critical waterway after Oman introduced an alternative corridor. The standoff risks disrupting the 20% of global oil and LNG that flows through the strait.
The administration is advancing a sale of GE engines for Turkey's KAAN fighter jet ahead of a NATO summit in Ankara. A separate review of Turkey's F-35 eligibility is also underway.