International Business Times

US President Donald Trump plans to send letters from midday to trading partners, warning of higher tariffs if they fail to reach trade agreements with Washington

Trump Steps Up Pressure For Deals As US Tariff Deadline Nears

Donald Trump's aggressive trade policy faces a critical week as the US president races to secure the bilateral deals he promised, ahead of a shifting deadline for re-imposing steep tariffs on dozens of economies.

Markets Slip As Tariff Confusion And Oil Oversupply Unsettle Investors
Many investors appear desensitized to President Trump's repeated tariff threats, especially with the administration's Aug. 1 deadline still shrouded in ambiguity.
BRICS' Criticism Brings Trump 10% Tariff Threat
US President Donald Trump threatened China, India, and some of the world's fastest-emerging economies with higher import tariffs, hitting back at BRICS' criticism of his trade policies as the bloc meets Monday.
Conservatives Bash Musk's 'Awful Choice' After Rumors Of Mike Pence Leading New 'America Party' Spread
Elon Musk doubled down on creating a new "America Party," which he first floated after Donald Trump supported the "big, beautiful bill" proposed by Republicans.
Trump Hosts Netanyahu, Hopes For Israel-Hamas Deal 'This Week'
Israeli Prime Minister Benjamin Netanyahu will meet Monday US President Donald Trump, who expressed hope for a "deal this week" between Israel and Hamas that sees hostages released from the Gaza Strip.
US Tariffs To Kick In Aug 1 Barring Trade Deals: Treasury Secretary
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday.
Hezbollah Chief Says Won't Surrender Under Israeli Threats
Hezbollah leader Naim Qassem said Sunday his group would not surrender or lay down its weapons in response to Israeli threats, despite pressure on the Lebanese militants to disarm.
Putin Hits Ukraine With Largest Barrage Of War After Trump Call
Russia launched its largest-ever drone and missile attack on Ukraine overnight on Friday just hours after a telephone call between US and Russian presidents ended without any breakthrough.
Hamas Says Holding Consultations On Gaza Truce Proposal
Hamas said Friday it was holding consultations with other Palestinian groups on a proposed truce with Israel, in a possible sign that it was preparing for negotiations for a Gaza ceasefire.

Asian Markets Drop As Trump's Tariff Deadline Looms

Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, though investors took heart after he said the levies would not kick in until the start of next month.

Economy in Focus

World Bank's IFC Ramps Up Investment Amid Global Uncertainty
While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International Finance Corporation (IFC) is dramatically ramping up its investment activities.
Where Do Trade Talks Stand In The Rush To Avert Higher US Tariffs?
IMF Urges Swiss To Strengthen Bank Resilience

War in Ukraine

Russian Forces Claim First Foothold In New Ukraine Region
Russia said Monday it captured its first village in Ukraine's central Dnipropetrovsk region after grinding towards the border for months, dealing a physchological blow for Kyiv as its worries mount.
US Halting Some Shipments Of Military Aid To Ukraine
The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden administration for Kyiv's battle against the Russian invasion.
Ukraine Hits Russian City Deep Behind Front Line, Leaves Three Dead
Ukrainian drones attacked the Russian city of Izhevsk on Tuesday, killing three people and wounding dozens in one of the deepest strikes inside Russia of the three-year conflict, authorities said.
UK And Ukraine Agree To Deepen Ties As Zelensky Meets Starmer
Seeking to shore up support more than three years into Russia's invasion, Ukrainian President Volodymyr Zelensky met UK Prime Minister Keir Starmer during a surprise visit to London on Monday, cementing a military co-production deal.

CBEX Crypto Scam: AI-hyped Ponzi Scheme Defrauds African Investors

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa.

Contributor

Innerbloom Holdings: The Advocators-Turned-Entrepreneurs Spearheading a CBD Mass Market Revolution

Innerbloom Holdings is revolutionizing the CBD wellness market across Latin America. Meet the activist entrepreneurs behind Tía María and their mission to bring CBD into everyday products for the masses.

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The Origin Capsule: A Modern Icon's Legacy Sealed in Time
Sports memorabilia has evolved into one of the most robust sectors of the collector economy, powered by digital transparency, authentication tools, and a generation willing to invest millions in nostalgia and legacy.
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How Stillpoint Lodge is Bringing Luxury, Adventure, and Wilderness to Group Gateways and Outbound Excursions
Stillpoint Lodge, founded by a true Alaskan family, is at the heart of this transformation, bringing a blend of hearty wilderness and a new definition of luxury to pristine Halibut Cove.

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

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