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Home Forecast Monitor Global Hotspots: U.S. to Resume Aid to Ukraine; China’s Retaliatory Tariffs Take Effect

Global Hotspots: U.S. to Resume Aid to Ukraine; China’s Retaliatory Tariffs Take Effect

Podcast
Geopolitical Forecasting

This week, the United States suspended military aid and intelligence sharing with Ukraine, while European leaders proposed initiatives on Ukrainian and European security. In the Indo-Pacific, China announced it will impose retaliatory tariffs of 15% on key U.S. agricultural imports, and Taiwan announced it will increase its investment in the U.S. semiconductor industry. In the Middle East, Israel cut off humanitarian aid into Gaza, while the U.S. and Arab states contended over a Gaza reconstruction plan. President Donald Trump imposed his previously delayed 25% tariffs on Canada and Mexico before making exemptions for car imports following a steep drop in the U.S. stock market.

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This week, the U.S. agreed to a resumption of Ukrainian military and intelligence aid as a 30-day cease-fire was discussed with Ukraine and Russia. In the Indo-Pacific, China’s retaliatory tariffs against the U.S. went into effect, and the Taiwanese government announced a series of measures designed to curb Chinese espionage and influence operations. In the Middle East, the U.S. pushed for an extension of Phase I negotiations between Israel and Gaza, while Israeli and Lebanese officials began discussions over the normalization of bilateral relations. In global trade, the U.S. imposed 25% tariffs on global steel and aluminum imports, prompting strong reactions and announcements of retaliation from Canada and the EU.

Eugene Chausovsky, Miloš Maggiore and  Andrew Loftesnes 

Marxist Arrow by Twin Musicom is licensed under a Creative Commons Attribution 4.0 license. creativecommons.org/licenses/by/4.0/

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