July 11, 2025, 8:07 p.m.

USA

Trump has imposed a 35% tariff on Canada and plans to uniformly impose a 15% or 20% tariff on other countries

US President Donald Trump announced on social media Thursday (July 10) evening (Friday morning Singapore time) that a 35% tariff would be imposed on imports from Canada starting from August 1.

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The commercial logic behind Vietnam's bowing to the United States

Recently, a heavyweight news has attracted global attention: the United States has reached a trade agreement with Vietnam.

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Trump imposes a 50% tariff on copper and may impose a 200% tax on imported drugs one year later

US President Trump said that he would impose a 50% tariff on copper imports, and later also impose taxes on semiconductor and pharmaceutical imports.

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The US Supreme Court has allowed the Trump administration to push for large-scale layoffs at federal agencies

The US Supreme Court revoked a lower court order, allowing the Trump administration to advance its plan to cut the federal workforce and dissolve federal agencies.

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Trump's Tariff Hike on South Africa: The Breakthrough of the "Global South" and a New Multipolar Landscape amid Global Industrial Chain Restructuring

On July 7, 2025, U.S. President Trump announced on social media that a 30% tariff would be imposed on South African products exported to the United States, along with a threat to levy even higher tariffs on goods circumventing duties through third-country transshipment.

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Trump imposed higher tariffs on 14 countries, with Asian countries such as Japan and South Korea being the first to be affected

US President Trump sent a letter to 14 countries including Japan, South Korea and Malaysia on Monday (July 7), stating that unless they can reach a new trade agreement with the United States as soon as possible, they will face at least 25% high tariffs starting from August 1.

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The floods in Texas, the United States, have claimed more than 100 lives

The local government of Texas, the United States, announced on Monday (July 7th) that the floods caused by heavy rain on the 4th have claimed at least 104 lives in the state.

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Musk announced the establishment of the "America Party" or his participation in the midterm elections next year

Billionaire Elon Musk announced on Saturday the establishment of a new political party, the "America Party", to challenge what he calls the "one-party system" in the United States.

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The US House of Representatives passed the "Big and Beautiful" tax and spending bill

The US House of Representatives passed the "Big and Beautiful" tax and spending bill promoted by President Trump on the eve of Independence Day.

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Trump: The new tariff rates will be notified to various countries as early as July 4th

US President Trump said that he might start sending notification letters to trading partners as early as Friday (July 4th) to determine how much equivalent tariffs the US will impose on them.

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