US imposes 50% tariff on Canada and signals broad sanctions against 60 nations
The US has initiated a significant protectionist shift by imposing a 50% tariff on Canadian goods and signaling potential sanctions against 60 additional countries. Argentina faces uncertainty regarding its trade status following the annulment of a bilateral treaty, with reports suggesting it may be subject to a 10% tariff due to labor clause non-compliance.
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Russia — 12 developments
US Concludes 11-Day Strike Campaign Against Iran Amidst Nuclear Relocation Claims
The US military has concluded an 11-day strike campaign against Iranian targets, primarily aimed at securing the Strait of Hormuz, marking a significant escalation in kinetic activity. Concurrently, intelligence reports suggest Iran is relocating uranium enrichment infrastructure to a fortified underground facility, raising proliferation concerns. The full scope of US strike damage and Iran's nuclear intentions remain uncertain.