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.
Head of the Office of the President of Ukraine Andriy Yermak stated that Russia seeks to destroy Ukraine, disguising the war as "protection of its interests. " He noted that Russia receives assistance from North Korea and Iran, and also circumvents sanctions with the help of other countries of the Global South.
Peskov stated that the Kremlin "took note" of the reduction of the ultimatum term from 50 to 10 days – Moscow allegedly maintains its commitment to a "peaceful settlement" in Russia's war against Ukraine.
Donald Trump said he was not seeking a meeting with Xi Jinping, but was ready to visit China only at his invitation. Earlier, the Trump administration denied the Taiwanese president a stopover in New York after objections from China.
Ukraine is going through the most difficult stage of the full-scale war, as Russian troops are approaching Kupyansk, Kostiantynivka, and Pokrovsk. The loss of these cities will force the Armed Forces of Ukraine to move the defense line to Kramatorsk and Sloviansk.
Over the past day, the Russian army killed 22 people and wounded 85 in Ukraine. In Kamianske, the death toll rose to three, including a 23-year-old pregnant woman, after a missile strike on a hospital.
Germany plans to increase its defense budget to 162 billion euros by 2029, which is double the current level and significantly exceeds NATO targets. Part of the funds, 9 billion euros annually, will be directed to support Ukraine, as well as to a large-scale modernization of the German army.
Donald Trump said he never visited Jeffrey Epstein's private island because he declined the financier's invitation. He also refuted the White House's previous explanation for the breakdown of their relationship, stating that Epstein was blacklisted for poaching his employees.
Spot gold was at $3311. 33 an ounce, hitting its lowest level since July 9. This comes amid easing concerns about a global trade war and a strengthening dollar, which reduced gold's appeal as a safe-haven asset.
Brent and WTI crude futures fell after the US-EU trade deal, which averted a full-scale trade war. The market awaits the US Federal Reserve's decision on interest rates and negotiations between the US and China.
Donald Trump stated that Iran interfered in the ceasefire negotiations between Israel and Hamas by sending "bad signals" to Hamas. This statement was made during Trump's meeting with UK Prime Minister Keir Starmer.
The Trump administration did not allow Taiwan's President Lai Ching-te to stop over in New York on his way to Central America after protests from China. This decision raised concerns about a softening of the US position towards China.
Saudi Foreign Minister Prince Faisal bin Farhan stated that normalization of relations with Israel is only possible after the creation of a Palestinian state. According to him, lasting peace in the region can only be achieved after the rights of the Palestinian people are taken into account.
Analysts believe that Putin will not make concessions in the war, as this would question the expediency of the military campaign in the eyes of Russian society. The Kremlin is actively building domestic support for the war, portraying Russia as a country fighting the West.
German Chancellor Friedrich Merz stated that the compromise in the tariff dispute with the administration of US President Donald Trump would significantly harm the German economy and lead to higher inflation. He thanked the European Commission for the negotiations, noting that it was the best possible outcome, although it cannot satisfy Germany.
