The Trump administration has replaced temporary Section 122 duties with new Section 301 tariffs, setting India’s rate at 10%. Officials and trade experts say the move may affect large shares of Indian exports but could still leave India relatively competitive versus some peers.
Arkady Dvorkovich, former Russian deputy prime minister and FIDE president, suspended his duties after the EU sanctioned him for undermining Ukraine's integrity. Dvorkovich called the decision "unlawful and unfair," with FIDE Deputy President Viswanathan Anand taking over his responsibilities.
A Hong Kong police officer has been removed from duties and faces a disciplinary investigation after a video circulated showing him repeatedly swearing at a passer-by using a patrol car's loudspeaker at Cho Yiu Chuen housing estate in Lai King.
The EU fined Google €890 million for Digital Markets Act violations, sparking fears of U.S. tariff retaliation from President Trump, who is set to decide on new levies. European officials deny trade policy links, but U.S. lawmakers and trade officials warn of transatlantic stability risks, especially with upcoming U.S. elections.
The Trump administration has imposed new 10-12.5% tariffs on over 80 trading partners, including the UK, EU, China, and Canada, under Section 301 of the Trade Act of 1974. These replace expiring duties and follow Supreme Court rulings against earlier tariffs, sparking legal debate and public concern over rising prices.
South Korea's trade watchdog, the Korea Trade Commission (KTC), will recommend the finance ministry impose antidumping duties of 8.32% to 19.17% on Chinese butyl acrylate, citing harm to the domestic industry. Provisional duties are already in effect, and investigations into other Chinese imports are ongoing.
The EU is preparing for new US tariffs on forced labor, expected soon, as long as they don't exceed the 15% cap set by the 2025 Turnberry agreement. Despite disagreeing with US findings, the EU prioritizes agreement stability.
The interim trade agreement between the Eurasian Economic Union (EAEU) and Mongolia became effective July 22, 2026, eliminating or reducing customs duties on 367 tariff subheadings. Signed in Minsk in 2025, the pact aims to boost trade, which already saw a one-third increase in Q1.
Donald Trump defended new 50% tariffs on most Canadian goods, claiming Canada cannot survive without the US. The White House announced the duties, igniting tensions, while Canadian PM Mark Carney stated the country is "united" and agreed to intensify negotiations.
U.S. Trade Representative Jamieson Greer indicated new tariffs are imminent, signaling the Trump administration's intent to re-establish its protectionist trade agenda. This follows the Supreme Court striking down previous tariffs, with the administration now using Section 301 and 338 authorities for more durable duties, impacting various economies including Canada and Brazil.
US President Donald Trump imposed a 50% tariff on various Canadian goods, including wine and cement, citing "unequal treatment." Canadian PM Mark Carney warned of potential retaliation while agreeing to intensify trade talks, as tensions escalate after 18 months of trade disputes.
US President Donald Trump imposed 50% tariffs on Canadian goods like wine, hockey sticks, and cement, citing 'unequal treatment' for US cars, dairy, and alcohol. This escalates trade tensions, with Canada's PM Mark Carney ready to intensify talks, despite existing USMCA agreement.
US President Donald Trump imposed 50% tariffs on various Canadian goods, including cars, dairy, and alcohol, citing "unequal treatment." The duties, effective in 30 days, escalate trade tensions, prompting Canadian PM Mark Carney to express readiness for intensified talks.
Hong Kong crypto platforms have until July 8, 2027, to replace one-time passwords (OTPs) with stronger security measures for client logins and device registration. The SFC requires firms to adopt authentication resistant to phishing, citing past fraud campaigns where OTPs were compromised. Licensed virtual asset service providers and internet brokers must implement these changes, with larger firms expected to act immediately.
India has extended anti-dumping duties on certain Chinese tubes and pipes until January 27, 2027, to protect domestic manufacturers from cheap imports. The duty, initially imposed in 2021, ranges from USD 961.33 to USD 1,610.67 per tonne. Additionally, anti-dumping duties on Normal Butanol imports from Malaysia, South Africa, and the US were continued for five years.
President Donald Trump has terminated the remaining three members of the bipartisan Election Assistance Commission just months before the midterm elections. The commission serves as a national clearinghouse for election administration information and accredits voting systems.
President Trump threatened to cut off all trade with Spain, citing its NATO defense spending and payment issues. However, U.S. Trade Representative Jamieson Greer indicated Trump may not follow through after a "good meeting" with Spanish PM Pedro Sánchez, suggesting positive developments on "core issues about payment."
Prince Harry and Meghan Markle have built significant wealth since stepping back from royal duties in 2020. Their combined net worth is estimated at $60 million in 2026, primarily from media deals with Netflix and Spotify, book sales, public speaking, investments, and inheritance.
Canada's men's national soccer team achieved an unprecedented high-water mark at the World Cup, reaching the round of 16 for the first time. Despite being called the "forgotten host," the team's underdog run generated national pride and boosted local businesses, though concerns remain about the significant hosting costs.
Water company Severn Trent avoided a fine from regulator Ofwat despite "serious and unacceptable breaches" in wastewater and sewage handling. Ofwat noted proactive identification and investment by Severn Trent, leading to a 41% reduction in spills.
A National Statistics Office survey reveals that 69% of women in India's 46 largest cities are out of the labor force due to childcare and household chores. The survey also highlights a 23% gender wage gap in these cities.
Several Indian states offer financial incentives like lower stamp duty and concessional home loans to women homebuyers, aiming to boost female real estate ownership, financial inclusion, and gender equity.
The National Investigation Agency (NIA) arrested Shakir Ali, a Trinamool councillor and husband of former MP Aparupa Poddar, in connection with the 2023 Ram Navami violence in Rishra. Ali was taken into custody after inconsistencies were found in his statements during interrogation.
Beijing has revealed three cases where local governments manipulated revenue data, misused government bonds, and hid debt to inflate their performance records. These cases, highlighted by the CCDI, involve actions in Guangxi, Gansu, and Zhejiang provinces, targeting the 'correct view of political performance'.
