Global Hotspots: Iran and Gaza Tensions Linger; U.S. Threatens New Global Tariffs 

This week in the Middle East, Iran questioned cooperation with the International Atomic Energy Agency and reportedly received a delivery of Chinese air defense systems, while Israeli Defense Minister Israel Katz unveiled plans to relocate Gazans to third countries. In the Russia/Ukraine conflict, U.S. President Donald Trump expressed frustration at Russia’s lack of meaningful ceasefire efforts and renewed U.S. weapons shipments to Ukraine, while both the U.S. Congress and the EU are preparing new sanctions against Moscow. In the Indo-Pacific, Trump renewed his threats of tariffs against ASEAN countries, plus Japan and South Korea. He further threatened to levy additional tariffs against Brazil and on all copper exports to the U.S. and extended the deadline for all trade negotiations to Aug. 1.

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