Oil prices stabilized as investors assessed the risk of supply shortages amid Trump's push for a resolution to the war in Ukraine. An unexpected increase in US oil inventories is putting pressure on prices.
The Trump administration urges US government agencies to update regulatory approaches to cryptocurrencies. This is intended to ensure their full integration into the national economy, making the US a global leader in digital assets.
The US Federal Reserve kept the key interest rate at 4. 25-4.5%, ignoring President Trump's calls. The decision was made amid uncertainty caused by import tariffs.
Donald Trump announced a trade agreement with South Korea, which provides for 15% tariffs on imported goods. South Korea will invest $350 billion and purchase $100 billion worth of LNG.
President Trump will meet with a South Korean trade delegation to negotiate a tariff deal. South Korea is seeking to lower a 25% tariff set to take effect on August 1.
The daughter of US Special Representative for Ukraine Kurt Kellogg, Megan Mobbs, commented on the massive attack on Kyiv. She believes that this is Putin's response to Trump's deadline and a test of America's resolve.
The US has imposed sanctions on more than 50 individuals and vessels linked to Iran's shipping network. The network transports oil from Iran and Russia, generating billions of dollars in revenue.
Former US Vice President Kamala Harris will not run for governor of California next year. She stated that her career will not be related to an elected position in the near future.
Two US Republican senators have proposed the Peace Act bill to create a special fund. It will allow allies to finance the supply of American weapons to Ukraine.
FBI Director Kash Patel found thousands of classified documents related to the investigation of Trump's ties to Russia in "burn bags. " Among them is a classified appendix to John Durham's report, which indicates a possible coordinated plan to ignite a dispute.
US President Donald Trump signed a decree introducing additional 40% tariffs on Brazil, bringing the total tariff amount to 50%. This is due to the policy of the Brazilian government, which poses a threat to US national security.
Oil prices rose after Donald Trump's statement about introducing measures against Russia and tariff threats to countries trading Russian oil. Brent futures rose to $72.09, and WTI to $69.97.
Donald Trump plans to introduce import duties for countries that buy Russian oil. This will be a new tool to pressure Moscow, which is circumventing sanctions.
President of Ukraine Volodymyr Zelenskyy approved the basic principles of agreements with the USA regarding weapons, which will strengthen both countries. He emphasized that sanctions and pressure on Russia are important to force it to peace.
US President Donald Trump announced the imposition of 25% tariffs on goods from India, accusing the country of buying Russian weapons and energy. This decision, which will take effect on August 1, also includes an additional penalty.
An 8. 8 magnitude earthquake occurred in Kamchatka, causing partial flooding of the Severo-Kurilsk port. Tsunami warnings have been issued for the USA, Japan, Canada, and South America, where waves up to 1.4 meters high are expected.
US Secretary of Defense Pete Heggset has privately discussed the idea of running for political office in Tennessee next year. To do this, he would have to resign, as the Department of Defense prohibits civilian employees from running for political office.
Donald Trump is seriously considering a full presidential pardon for rapper Sean "Diddy" Combs, whose sentencing is expected in October. The White House has not commented, but sources confirm discussions.
US President Donald Trump stated that he intends to allow Ukrainians who fled the war to remain in the US until its conclusion.
The US Treasury Secretary warned China about high tariffs on Russian oil, but Beijing declared the protection of energy sovereignty. China remains the largest buyer of Russian oil, despite the threat of sanctions.
Chinese leader Xi Jinping insists on a meeting with US President Donald Trump. The meeting could take place this year in China or at the White House.
Taiwanese President Lai Ching-te canceled his trip to Latin America after the US opposed his stopover in New York. The Trump administration denied permission for the stopover after objections from China, intensifying concerns about the US position.
Putin's spokesman Dmitry Peskov stated that Russia will continue the war against Ukraine, despite Trump's 10-day ultimatum. The Kremlin seeks to normalize relations with the US and strengthen cooperation to avoid the deadline.
The US is ready to impose new restrictions and secondary sanctions against Russia after the expiration of the 10-day period announced by President Donald Trump. State Department spokeswoman Temi Bruce confirmed that Trump is serious about this issue.
US President Donald Trump expressed hope for a meeting with Chinese leader Xi Jinping by the end of the current year. Earlier, Trump stated that he was not seeking a special meeting, but had received an invitation to visit China.
The US negotiating team is returning to Washington for a meeting with President Donald Trump regarding the extension of tariffs for China. Trade representative Jamison Greer stated that a decision on suspending tariff changes after August 12 has not yet been made.
US President Donald Trump said that new tariffs to isolate the Russian economy would come into effect in 10 days. He also set a new 10-day deadline for Vladimir Putin regarding a ceasefire agreement with Ukraine, but received no response.
US President Donald Trump stated that the new deadline for Russian President Vladimir Putin to reach a ceasefire agreement with Ukraine is 10 days. This "deadline" gives Putin until August 8, otherwise the US will impose harsh tariffs or sanctions.
Relations between DPRK leader Kim Jong Un and US President Donald Trump remain at a "not bad" level, which may indicate Pyongyang's readiness for negotiations with the new US administration. However, North Korea promises to react to attempts to stop its nuclear program.
Ukrainian Foreign Minister Andriy Sybiha called Donald Trump's position on Moscow realistic and firm, as Putin rejects peace efforts. Sybiha emphasized the need for a consolidated sanctions strike against Russia to stop financing its military budget.
