Global Hotspots Outlook: US-Canada Trade Negotiations Break Down
This week, the U.S. and Canada announced 50% tariffs on each other’s imports following a breakdown in trade talks, while...
This week, U.S. President Donald Trump called off a planned strike against Iran and hailed progress in negotiations between Israel and Hamas while Israeli forces clashed with Hezbollah in Lebanon.
In the Indo-Pacific, China and the U.S. imposed reciprocal targeted tariffs and sanctions, while Chinese traders resumed purchases of U.S. soybeans. In the Russia-Ukraine conflict, Russian strikes on Kyiv killed at least 17 people after Ukraine’s forces ran out of interceptor missiles, and a drone carrying explosive material was found and diffused near a military transport airport in Leipzig, Germany.
In the United States, Abdul El-Sayed won the Democratic primary for the U.S. Senate in Michigan on a progressive platform, while acting U.S. Attorney General Todd Blanche rescinded the Trump-backed “anti-weaponization fund” following weeks of negotiations in the Senate.
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Marxist Arrow by Twin Musicom is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Photo: Displaced Palestinians inspect the destruction following an Israeli airstrike that targeted the nearby medical supplies and pharmaceuticals warehouse of Al-Aqsa Martyrs Hospital, in Deir al-Balah, central Gaza Strip on August 1, 2026. Hamas said on July 31, 2026, it had agreed to a deal that includes handing over its weapons to a Palestinian governing committee and the gradual withdrawal of Israeli forces from the Gaza Strip. Israel has yet to officially comment on the announcement. (Photo by Majdi Fathi/NurPhoto via Getty Images)
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