The US government imposes 50% tariffs on Canadian imports including wine and cement, escalating trade tensions and challenging the USMCA trade framework.
The US is negotiating to restore an Iraq-Syria oil pipeline to bypass the Strait of Hormuz, aiming to reduce Iran's influence and secure alternative energy export routes.
The EU and Mexico have signed a comprehensive trade deal eliminating tariffs and easing trade barriers, aiming to boost exports and deepen economic ties by 2030.
President Trump delays EU auto tariff increases until July 4, awaiting EU compliance with a major trade agreement that impacts automotive and industrial sectors.
Germany risks recession in 2026 if the EU retaliates against U.S. auto tariffs, warns Munich's ifo Institute amid escalating trade tensions.
The EU and Mercosur initiate a provisional free trade agreement, presenting growth opportunities and regulatory challenges for European industries, especially in Germany.
Uzbek and Afghan entrepreneurs finalized $300 million in trade agreements following the opening of the Andijan Trade House in Herat and a bilateral business forum.