Europe
-
Trump Ties Greenland Threat to Nobel Snub, EU Readies Retaliation
Diplomats caution that the dispute could strain NATO cohesion, as Denmark and other European allies seek solidarity against Washington’s pressure.
-
Trump’s Pharma Tariff Gambit
President Donald Trump announced that starting October 1, 2025, the U.S. will impose a 100% tariff on all branded or patented pharmaceutical imports.
-
U.S.–China Trade Talks Resume in Madrid
U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and trade negotiator Li Chenggang in Madrid
-
Toyota Profit Plunges 37% – Trump’s Tariffs Bite Hard
Toyota’s April–June profit dropped 37% to ¥841 billion ($5.7 billion), down from ¥1.33 trillion a year earlier
-
U.S.–EU Trade Deal & Europe’s Defense Boom
Stocks like Thales (France), Renk and Rheinmetall (Germany), and Leonardo (Italy) dipped early in the week
-
U.S. Lifts Chip Software Curbs on China in Sign of Trade Thaw
U.S. government has rescinded export restrictions on advanced chip-design software to China
