United States Department of Commerce

33-year-old Belarusian citizen Yana Leonova was extradited from France to the United States. She is accused of conspiring to violate the Export Control Reform Act, smuggling and money laundering, and defrauding the United States.

The US stock market is showing growth, approaching historical highs, as companies begin to report summer earnings. Shares of General Motors, RTX, Danaher, and Coca-Cola exceeded analysts' expectations, while some tech giants, such as Alphabet, are showing declines.

Beijing called on Washington to stop the pressure and return to negotiations after US President Donald Trump's decision to increase tariffs on Chinese imports by 100% and tighten export controls. China stated that it would not hesitate to take retaliatory measures.

Italy will take retaliatory measures in response to the US imposing temporary tariffs on pasta exceeding 91%, in addition to the already existing 15%. The Italian Ministry of Foreign Affairs and the embassy in Washington are working closely with companies and the European Commission to review these tariffs.

On Friday, US stock indices continued to rise: the S&P 500 rose by 0. 4%, the Dow Jones by 338 points, and the Nasdaq by 0.2%. Investors are positive about shares of artificial intelligence and energy sector companies, despite delays in the release of the employment report due to the government shutdown.

Oil prices rose, reaching their highest weekly gain since June, due to attacks on Russian energy infrastructure, which led to a reduction in fuel exports and a decrease in oil production. Brent futures rose to $69.55 per barrel, and WTI to $62.22 per barrel.

The US is trying to prevent Russian airlines from obtaining sanctioned spare parts.

US President Donald Trump has signed an executive order on a special Gold Card visa program. It allows wealthy foreigners to fast-track their right to live and work in the US in exchange for a financial contribution.

China accused Nvidia, a key AI chip supplier, of antitrust violations amid trade talks with the US.

US Secretary of Commerce Howard Lutnick said Elon Musk was wrong to focus on laying off people instead of cutting government spending. Lutnick emphasized that DOGE cuts would target spending, not headcount.

US presidential representative John Cole announced the lifting of sanctions against Belavia during a meeting with Belarusian President Alexander Lukashenka. The decision was made by Donald Trump and has already been approved by all key US agencies.

Donald Trump plans to impose tariffs of up to 300% on semiconductor imports, citing national security. This will expand his tariff policy and could affect the global economy.

The Trump administration is pressuring Harvard University, threatening to revoke patents due to non-compliance with federal funding legislation. The university has until September 5 to prove compliance, otherwise it risks losing patent rights.

Donald Trump has instructed the Department of Commerce to begin work on a new US census that would exclude undocumented immigrants. This proposal is a departure from long-standing practice, as historically all residents have been counted regardless of immigration status.

The US and China will resume talks in Stockholm on August 12 to try to resolve long-standing economic disputes and extend a tariff truce. Without a deal, global supply chains could face new shocks from a sharp increase in US tariffs.

China has banned a US citizen working for the Department of Commerce from leaving the country for several months, coinciding with Beijing and Washington's attempts to organize a leaders' summit to resolve trade disputes. The exit ban was imposed due to the failure to indicate employment with the US government in the visa application.

The Supreme Court of the United States of America overturned a ruling that froze large-scale federal layoffs, known as "state reductions. " This decision could lead to the elimination of hundreds of thousands of jobs across various ministries.

Harvard University is in talks with other universities about temporarily hosting international students barred from entering the U. S. due to Trump's restrictions. Studying abroad options are being considered.

Donald Trump said the American film industry is dying and plans to introduce a 100% duty on all films produced abroad. Hollywood producers are calling for increased state tax breaks.

The US President stated that his team has exceeded 80% of political appointments in key ministries. He emphasized that the administration has broken the records of previous governments.

The Trump administration is imposing a 25% duty on imports of beer and empty aluminum cans from April 4. This decision will affect beer imports of $7.5 billion, where Mexico is the leader.

Canada considers the new US tariffs on steel and aluminum unjustified and is preparing retaliatory measures. Minister Champagne announced a “clear and measured” response, while Chrystia Freeland called for a “dollar-for-dollar” response.

The US President signed a decree to create a state investment fund within 12 months. The fund can be used to acquire TikTok and other national projects.

The US is preparing to reintroduce duties on steel and aluminum imports, which will affect millions of tons of metal. Analysts warn of a possible rise in domestic metal prices for local buyers.

The United States has initiated an investigation into China's anti-competitive actions in the semiconductor industry. The investigation is focused on “core” semiconductors and may lead to new trade restrictions.

The US Department of Commerce is introducing new rules for controlling the export of semiconductor technologies to China. The restrictions apply to 24 types of hardware, 3 types of software, and 140 Chinese companies.

The CSI Semiconductor index rose 6% after the US banned TSMC's advanced chips from being shipped to China. This may accelerate the development of China's own semiconductor production.

The White House has called on Turkey to stop exporting American goods to Russia that could be used for military purposes. The US is threatening consequences if Ankara does not take steps to stop the illegal trade.

China has significantly reduced the volume of semiconductor supplies to russia after the new US sanctions. From January to may 2024, the supply of advanced components through Hong Kong fell by 28%, and through mainland China - by 19%.