Trump threatens Canada with higher tariffs as wildfire smoke drifts across North America
US President Donald Trump has threatened to add more tariffs on Canada, linking the move to wildfire smoke that has spread across North America. He said he would call Canadian Prime Minister Mark Carney and blamed Canada's forest management for the pollution. The comments came as Canadian officials continued to battle hundreds of active fires across the country.Trump said the United States was being exposed to "filthy, polluted, and unhealthy air" and argued that the cost would be added to existing tariffs on Canadian exports. In the supplied material, he accused Canada of not properly maintaining its forests and brush.... [Continue Reading]
360LiveNews | 18 Jul 2026 00:04 LONDON
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China outlines WAICO launch and rejects U.S. election interference claims
At a July 17 press conference in Beijing, Chinese Foreign Ministry spokesperson Lin Jian said President Xi Jinping attended the opening ceremony of the 2026 World AI Conference and High-Level Meeting on Global AI Governance in Shanghai and delivered a keynote speech titled "Joining Hands to Build a Just and Equitable System for Global AI Governance." Lin said Xi described major changes "unseen in a century" and said the world has entered an unprecedented period of active innovation in AI technologies. He said China's position is that all countries should take a people-centered approach, develop AI for the positive and... [Continue Reading]
Breaking-360LiveNews | 18 Jul 2026 00:01 LONDON
Trump touts June inflation drop and claims prices are falling across the economy
President Donald Trump made multiple posts on Truth Social in the last hour: - "Such great news in June's Inflation Numbers! Prices FELL by the most in a single month in over six years. The June CPI was below the forecast of every single Economist (67!) that Bloomberg polled. Prices were down across the board including for Gasoline, Electricity, Auto Insurance, Hotels, and Prescription Drugs. With strong Wage Growth and a decline in Prices in June, Real Wages rose a massive 0.8%. As Investment pours into our Country, Factory Construction surges, Manufacturing Jobs rise, and Prices fall, there is so... [Continue Reading]
Breaking-360LiveNews | 17 Jul 2026 21:30 LONDON
Trump touts TSMC's $100B Arizona expansion, signals harder pro-shoring trade policy
President Donald Trump made multiple posts on Truth Social in the last hour: - "For decades, horrible politicians allowed our Industrial Base to move overseas. Their Trade Policies encouraged Companies to find the cheapest Labor, and build the Products we invented across Asia. When I took Office, we didn't build Leading Edge Semiconductor Chips here in America. American Trade Policy was broken and, the results, disastrous. Now, TSMC, the largest Leading Edge Semiconductor Chip Manufacturer in the World, has announced an additional 100 Billion Dollar Investment in their Semiconductor Fabrication Factories in Arizona. That brings their total commitment to build... [Continue Reading]
Breaking-360LiveNews | 17 Jul 2026 20:30 LONDON
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Day News Recap: Ukraine toll rises as Iran tensions widen and Congo Ebola outbreak accelerates
The World Health Organization says Ebola is spreading in the Democratic Republic of the Congo faster than in any previous outbreak, as seven American aid workers who had been in the country on response work were quarantined in Kenya after new travel restrictions. 🔗 🔗In Ukraine, at least 13 people were killed in strikes across several regions, including Zaporizhzhia and Odesa, while separate Russian drone attacks hit port infrastructure in Mykolaiv and damaged three foreign registered vessels. 🔗 🔗Kyiv also said it destroyed a Tu 95 bomber at Russia's Engels air base, but President Volodymyr Zelenskyy is facing domestic backlash... [Continue Reading]
360LiveNews Recap | 17 Jul 2026 18:24 LONDON
UN urges probe into deaths in Pakistan-administered Kashmir unrest
The United Nations human rights chief has called for an independent investigation into deadly unrest in Pakistan-administered Kashmir. Volker Turk urged Islamabad to carry out prompt, thorough and impartial inquiries into all civilian and security force deaths linked to the violence. The appeal comes as at least 31 people have been killed since last month, with tensions rising ahead of regional elections later this month.The unrest has centred on the Jammu Kashmir Joint Awami Action Committee, an umbrella group of traders and activists. The movement began with protests over rising food prices and utility tariffs, but the immediate dispute now... [Continue Reading]
360LiveNews | 17 Jul 2026 15:00 LONDON
Breakfast News Recap: US Iran strikes widen as Ukraine toll rises and global tensions ripple
The United States kept up airstrikes on Iran for a sixth straight night, while Iranian state media said new hits damaged civilian and transport infrastructure, deepening fears of a wider regional conflict. 🔗Tehran also accused Washington of striking near a children's cancer hospital in Ahvaz, saying 211 patients had to be evacuated after the blast came close enough to force the move. 🔗 Iran's Islamic Revolutionary Guard Corps separately warned that the Bab al Mandeb Strait could become a new front in its war with the United States, adding to pressure on shipping routes already under strain. 🔗Shipping risks in... [Continue Reading]
360LiveNews Recap | 17 Jul 2026 08:38 LONDON
Day News Recap: Iran, Ukraine and Gaza flare as markets track oil jump and mixed equities
The biggest escalation came in the Gulf, where the United States said it had carried out strikes across southern Iran for a fifth day and disabled tankers that ignored repeated warnings, as Washington reimposed a blockade and tensions with Tehran deepened. Iranian officials said the attacks had spread across the south, while a Tehran billboard showing Donald Trump in a coffin underlined the hardening mood. 🔗 🔗 🔗 🔗The confrontation also raised wider shipping fears. India told shipping firms not to deploy Indian seafarers on vessels transiting the Strait of Hormuz, and analysts said a June memorandum on the waterway... [Continue Reading]
360LiveNews Recap | 16 Jul 2026 18:20 LONDON
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United States to impose 25% tariffs on thousands of Brazilian imports from July 22
The United States is set to impose 25% duties on thousands of Brazilian imports, with the measures due to take effect on 22 July. The new tariffs cover a wide range of goods, including sugar, apparel, paper and steel. They were announced as Washington moves ahead with a revised trade strategy under Section 301 of US trade law.The announcement was made late on Wednesday by the US trade representative. Section 301 allows the United States to investigate what it considers unfair trade practices and then impose levies in response. The tariffs were proposed last month and are now moving toward... [Continue Reading]
360LiveNews | 16 Jul 2026 18:00 LONDON
Breakfast News Recap: Iran, Ukraine and markets jolted by fresh strikes, while UK politics and trade shift
The biggest escalation came in the Gulf, where the United States said it carried out fresh strikes across Iran, including on Greater Tunb island, after Tehran began targeting vessels in the Strait of Hormuz and the Arabian Gulf. Commercial shipping was being redirected as the confrontation widened and the US said it disabled a Curacao flagged tanker that ignored repeated warnings. 🔗 🔗 🔗 🔗Iran said the attacks had hit sites across its south over the past week, while the latest exchanges underlined how quickly the conflict around the Strait of Hormuz is spreading into maritime traffic and regional bases.... [Continue Reading]
360LiveNews Recap | 16 Jul 2026 08:35 LONDON
India-UK trade deal and social security pact come into force
India and the United Kingdom have brought into force their Comprehensive Economic and Trade Agreement, alongside a separate social security arrangement, in a move both sides say will deepen economic ties. The agreements took effect on Wednesday and are expected to change tariff treatment on a large share of goods traded between the two countries. Prime Minister Narendra Modi described the step as a significant moment in the bilateral partnership.Under the trade pact, 99% of Indian goods entering the UK and 90% of UK goods entering India will either be duty-free or face reduced tariffs. The parallel Agreement on Social... [Continue Reading]
360LiveNews | 16 Jul 2026 01:00 LONDON
Businesses claw back tariff refunds after Trump tariffs ruled unlawful
Businesses around the world are receiving refunds of tariffs paid to the United States after Donald Trump's so-called liberation day tariffs were ruled unlawful. The refunds are being issued after the April 2025 measures triggered a sharp rise in import costs for companies selling into the US market. One Australian brand, Nashie, says it has already received a six-figure refund that included interest.Oxford Economics estimates that about US$80 billion in tariffs has been refunded since May, with interest paid at rates of up to 7%. The firm says the same amount is expected to be refunded again over the next... [Continue Reading]
360LiveNews | 15 Jul 2026 20:03 LONDON
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Day News Recap: US Iran conflict escalates as oil jumps and global flashpoints multiply
The biggest story was the sharp escalation in the US Iran confrontation, with Washington resuming daylight air strikes, restoring a naval blockade on Iranian ports and warning that power plants and bridges could be hit next if Tehran does not back down. The renewed pressure has raised fears of a wider conflict around the Strait of Hormuz and pushed oil prices higher again. 🔗 🔗 🔗 🔗 🔗Tensions also spread beyond Iran itself. Iranian state media said a drone struck a military base used by the United States in Kuwait, and Kuwait separately confirmed attacks and damage, while the death... [Continue Reading]
360LiveNews Recap | 15 Jul 2026 18:21 LONDON
Breakfast News Recap: US Iran tensions deepen as oil rises and Gaza, Ukraine and Asia face fresh shocks
Oil prices rose for a second session as the United States restored a naval blockade on Iranian ports, sharpening pressure on shipping routes and energy markets just as Donald Trump threatened to widen strikes on Iran to include power plants and bridges if Tehran does not back down. 🔗 🔗 🔗The confrontation also spread beyond the Gulf, with Trump dropping a planned 20% cargo fee on traffic through the Strait of Hormuz and saying Gulf states would instead make investment and trade commitments, while the Strait remained the central fault line in the fast deteriorating stand off. 🔗 🔗Iran said... [Continue Reading]
360LiveNews Recap | 15 Jul 2026 08:37 LONDON
US opens safeguard review of lamb imports, including Australian supply
The United States International Trade Commission has opened a global safeguard investigation into lamb imports, a move that could affect shipments from Australia, the largest supplier to the US market. The review is examining whether imported lamb meat is threatening the domestic industry and whether additional tariffs should be imposed. The investigation was formally requested on 13 July by Ambassador Jamieson Greer.The case follows an October 2025 petition from the American Sheep Industry Association, which argued that imported lamb was being sold at lower prices, displacing local production and reducing profitability for US farmers. According to the supplied material, most... [Continue Reading]
360LiveNews | 15 Jul 2026 07:35 LONDON
US Senate revises Russia sanctions bill to soften tariffs on India and China
US senators have introduced a revised Russia sanctions bill that would ease proposed tariff measures aimed at major buyers of Russian oil and gas, while keeping broader pressure on Moscow. The legislation was first tabled in April 2025 and has now been updated as lawmakers seek to move it forward with bipartisan backing. It comes as the United States continues to weigh how to punish Russia over its energy revenues without sharply widening the economic impact on other countries.Under the revised proposal, the maximum tariff on the five largest buyers of Russian oil and natural gas would be cut to... [Continue Reading]
360LiveNews | 15 Jul 2026 05:30 LONDON
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US refunds $81 billion in tariffs after Supreme Court ruling
The United States government has refunded $81 billion in tariffs collected under a contested trade policy, according to newly released federal budget figures. The repayments follow a Supreme Court ruling that found a substantial portion of the levies unlawful. The refunds were paid to companies that had imported goods subject to the tariffs, marking a major reversal for a policy central to President Donald Trump's economic agenda.The figures show a sharp rise from the $5 billion returned during the same period a year earlier. Most of the repayments were processed in May and June, with a Treasury official saying the... [Continue Reading]
360LiveNews | 14 Jul 2026 12:35 LONDON
China's monthly car exports top 1 million as trade surplus pressure builds
China's monthly car exports topped 1 million for the first time in June, according to official customs data released on Tuesday. The figures showed that overall overseas shipments from the world's second-largest economy rose 27% year on year. The data also kept China on track to match or exceed last year's record trade surplus of $1tn.The export performance was driven by strong demand for Chinese brands, including BYD and Jaecoo, as well as higher shipments of chips linked to global demand for artificial intelligence. Customs data showed exports of integrated circuits reached 32bn. The same release indicated that exports to... [Continue Reading]
360LiveNews | 14 Jul 2026 12:07 LONDON
EU ministers discuss sanctions on trade from Israeli settlements in Brussels
EU foreign ministers met in Brussels on Monday to discuss possible sanctions on trade from Israeli settlements in the occupied West Bank. The talks come amid rising pressure from member states over settler violence against Palestinians and continued settlement expansion, which the European Union says is illegal under international law. No formal decision was expected at the meeting, and diplomats said the session was intended to gauge whether there is enough support to move forward.EU foreign policy chief Kaja Kallas said at the start of the meeting that the situation in the West Bank was "really intolerable" and warned that... [Continue Reading]
360LiveNews | 13 Jul 2026 12:00 LONDON
U.S. Senator Lindsey Graham dies at 71 after brief and sudden illness
U.S. Senator Lindsey Graham has died after a brief and sudden illness, according to a statement from his office. The announcement said he passed away on Saturday evening, July 11, and was shared publicly early on Sunday.Graham was 71. The statement asked for privacy for his family during what it described as an incredibly difficult period. It identified him as a Republican senator from South Carolina.The office did not provide further details about the illness or the circumstances of his death. Graham had represented South Carolina in the U.S. Senate since 2003, after entering the chamber from the state's 3rd... [Continue Reading]
360LiveNews | 12 Jul 2026 08:00 LONDON
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Brazil Amazon deforestation falls to lowest level in a decade under Lula
Deforestation in Brazil's Amazon rainforest fell to its lowest level in a decade in the first half of 2026, according to official figures released on Friday. The data show that an estimated 1,295 square kilometres of forest were cleared between January and June, a 38% drop from the same period a year earlier. The figures mark a significant milestone for President Luiz Inacio Lula da Silva's pledge to curb destruction in the world's largest rainforest.The numbers were published by Brazil's National Institute for Space Research, which tracks forest loss in the Amazon. They show the lowest overall level of clearing... [Continue Reading]
360LiveNews | 11 Jul 2026 00:32 LONDON
