Tariff Deadlines Approach; Iran Gives US Ultimatum; Colombia Deforestation Surges

Good Morning,

Trump's tariff deadline approaches, leaving some nations scrambling for trade deals while others face mounting pressure. Iran is demanding compensation before engaging in nuclear negotiations as China continues circumventing U.S. sanctions through shadow oil operations, and security concerns grow with ISIL's expanding influence in East Africa. Meanwhile, environmental crises deepen as Colombia reports a devastating 43% surge in deforestation, primarily devastating the Amazon region, while European leaders signal that any potential EU-US trade agreement represents just the beginning of broader economic realignments.

Top Stories

• Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don't - CNBC

• Is ISIL a growing threat in the DR Congo and East Africa? - Al Jazeera

• US must agree compensation before nuclear talks, Iran’s foreign minister says - Financial Times 

• China uses "dark fleet" to buy oil from Iran and evade U.S. sanctions in international waters - CBS

• France's Macron says EU-US trade deal 'not the end of it' - France24

• Colombia deforestation surges 43%, Amazon region worst hit - DW

United States

• Trump says Mexico trade deal deadline extended for 90 days as he escalates tariff war with Canada – The Guardian

• Trump escalates trade war with Canada following Palestine stance - Reuters

• US must agree compensation before nuclear talks, Iran’s foreign minister says - Financial Times 

• Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don't - CNBC

• Murky Pledges of Investment Cast Shadow on Trump’s Trade Deals - New York Times

Africa

• South African rand drops to one-month low as tariff cloud hangs over interest rate decision - CNBC

• Trump and Africa: Is it legal for US to deport foreign criminals to the continent? - BBC

• Meloni and Saied discuss migration and development during Tunis meeting - Africa News

• Is ISIL a growing threat in the DR Congo and East Africa? - Al Jazeera

• Trump modifies tariff rate for Lesotho to 15% - Reuters

Middle East

• Trump escalates trade war with Canada following Palestine stance - Reuters

• US must agree compensation before nuclear talks, Iran’s foreign minister says - Financial Times 

• Trump's envoy meets Netanyahu for Gaza aid, ceasefire push - France24

• Israel Agreed to Transfer $30 Million for GHF, Trump Officials Told Congress - Haaretz

• US imposes visa sanctions on Palestinian Authority officials and PLO members - SCMP

Indo-Pacific

• Pakistan and US reach a trade agreement to develop oil reserves and reduce tariffs - ABC

• China uses "dark fleet" to buy oil from Iran and evade U.S. sanctions in international waters - CBS

• UAE President, Indian PM Modi stress deepening collaboration between countries - Hindustan Times

• Trump announces "complete" trade deal with South Korea, tariffs set at 15% for exports to the US - CNBC

• Japan and South Korea reel from record-breaking heat - The Guardian

Europe

• Meloni and Saied discuss migration and development during Tunis meeting - Africa News 

• Ukraine approves law to restore independence of anti-graft watchdogs - Euro News

• France's Macron says EU-US trade deal 'not the end of it' - France24

• Chinese EVs Recover in Europe to Pre-Tariff Market Share Level - Bloomberg

• US and NATO allies warn of increasing Iranian threats in Europe, North America - ABC

Latin America

• Trump extends Mexico's 25% tariffs for 90 days as talks continue - CNBC

• Most US-MX trade remains duty-free after Mexico secures a 90-day extension on Trump’s most recent tariff threat - Mexico News Daily

• Colombia deforestation surges 43%, Amazon region worst hit - DW

• Peru mulls green light for $6 billion in mining projects - Reuters

• Haitians file class-action lawsuit to stop Trump administration from ending TPS - Miami Herald

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