A potential meeting between Indian PM Narendra Modi and US President Donald Trump at the G7 summit offers a chance to mend strained relations following a year of disputes over tariffs, Pakistan, and the Iran war. The meeting comes after US forces attacked three Indian vessels, killing three sailors, an incident analysts believe will not escalate.
A ship carrying nearly 100 tonnes of food and essential goods arrived in Cuba from Colombia on Friday. This aid comes as the US continues its energy embargo, with recent sanctions targeting Cuba's state-owned oil company and officials, exacerbating power outages and hindering humanitarian aid distribution.
OpenAI has banned two clusters of ChatGPT accounts originating from China that were used for covert influence campaigns targeting US tech and policy debates. The campaigns aimed to manipulate discussions on AI data centers and US tariffs, but generated little authentic engagement.
USTR chief Jamieson Greer criticized a Washington Post editorial on proposed tariffs related to forced labor, stating the piece was driven by 'antipathy' toward President Trump and advocated for a 'laissez-faire approach to modern slavery.'
USTR chief Jamieson Greer criticized a Washington Post editorial on proposed tariffs for forced labor, calling it driven by 'antipathy' toward President Trump and advocating for a 'laissez-faire approach to modern slavery.'
USTR Chief Katherine Tai criticized a Washington Post editorial, calling it biased against Trump and misrepresenting the US's use of Section 301 tariffs to combat forced labor in supply chains.
President Lee requested favorable consideration from the EU regarding steel tariffs and TRQ acquisition, emphasizing the impact on Korean industries. Discussions also covered semiconductor and defense cooperation, and carbon border adjustment mechanisms.
OpenAI reported that Chinese propagandists attempted to use its ChatGPT chatbot to generate opposition to Donald Trump's tariffs and influence debates on data centers and AI. The campaign, active in late 2025 and early 2026, had minimal impact but highlights AI's role in digital influence.
South Korean President Lee Jae-myung and Belgian Prime Minister Alexander De Croo agreed to strengthen cooperation in semiconductors and support investment in strategic industries. Discussions with EU leaders also covered security pact negotiations and concerns over EU steel tariffs and carbon border adjustment measures.
A US-China Business Council survey reveals that US export controls and sanctions are negatively impacting American companies, with nearly half affected and many losing sales to Chinese competitors. Tit-for-tat tariffs also hit over 72% of surveyed firms.
UK ministers are considering dropping some planned steel tariffs after manufacturers warned of significantly increased costs. The government aims to balance protecting domestic producers with ensuring secure supply, while also addressing similar EU measures.
The US and China are testing their post-summit detente through proposed trade and investment boards. Key issues like tariffs, drone security (DJI), and rare earths could challenge this stability if clarity is lacking.
A judge has ordered the immediate refund of duties, citing "growing inequity" between large and small businesses. Customs and Border Patrol plans to refund tariffs later, having processed $23 billion of an estimated $166 billion collected.
Millions of UK households owe billions in utility bills, with many unaware of available support like social tariffs and repayment plans. A watchdog report highlights low awareness among eligible customers for water, energy, and broadband, urging regulators to improve identification and promotion of aid.
The US proposes tariffs (10-12.5%) on countries not adequately addressing forced labour, with rates varying based on enforcement measures; affected governments can challenge inclusion until July 6.
Chinese companies are openly advertising services to help businesses circumvent EU tariffs on low-cost imports. Practices include establishing manufacturing in 'gateway countries' like Morocco or modifying products to avoid classification. The EU's anti-fraud office (OLAF) is investigating, and the European Commission is expected to propose strengthening trade defence measures.
The EU and UK car industries are urging the European Commission to adjust the Brexit trade deal, seeking a second suspension of tariffs on electric vehicle imports due to struggles in meeting 'made in Europe' battery production targets by 2027.
Chinese electric vehicles face steep barriers in the U.S., but analysts say partnerships with U.S. automakers and production in Mexico, Canada or the U.S. could eventually open the market. Political resistance, tariffs and software rules remain significant obstacles.
US Trade Representative Jamieson Greer stated that proposed new tariffs on EU exports align with the Turnberry trade deal. He cited concerns over forced labor and excess manufacturing capacity, asserting that the EU must deliver on the deal for compliance.
Remy Cointreau reported a sharp fall in annual profit to €78.7 million, but exceeded analyst expectations. The company's shares rose 12% on the Paris stock exchange following the announcement of a three-year turnaround plan aimed at boosting growth and efficiency.
China's Commerce Ministry spokesperson He Yongqian stated opposition to US tariffs imposed under the guise of 'forced labor,' calling them unilateral restrictions. He also noted agreement to establish a trade council for discussing reciprocal tariff reductions on certain products.
China's Ministry of Commerce spokesperson He Yong stated that China opposes unilateral trade restrictions, including those imposed by the US over alleged "forced labor," and urges the US to work with China to stabilize bilateral economic ties.
South Korean Industry Minister Kim Jung-kwan stated that the U.S. Commerce Secretary reaffirmed South Korea will not face tariffs exceeding the bilateral trade deal. This follows the USTR's proposal of tariffs on goods from 60 economies over forced labor import bans.
Japan's Economy Minister Akazawa confirmed that the US will not impose additional tariffs exceeding the agreed 15% on products suspected of being produced with forced labor, despite a USTR proposal for 12.5% tariffs.
