The US has imposed 50% tariffs on Canadian goods, including alcohol and automobiles, escalating trade tensions and prompting calls for negotiations to resolve disputes under USMCA.
Russia suspends navigation through the Azov-Don canal after Ukrainian UAV attacks on vessels, disrupting key grain export routes and pushing wheat prices higher.
Bulgaria plans to veto the EU's new sanctions against Russia, citing risks to its oil industry and supply chains, while supporting Ukraine's EU accession talks.
Hungary reinstates its ban on Ukrainian agricultural imports following a procedural lapse during a government transition and withdraws its exit from the International Criminal Court.
The EU and Mexico have signed a sweeping trade agreement eliminating most tariffs and easing trade barriers, aiming to boost exports, investments, and bilateral cooperation.
China's renewed interest in US oil and soybeans signals potential shifts in trade and geopolitical strategies following high-level talks between Presidents Trump and Xi Jinping.
The EU and Mercosur provisionally launch a free trade agreement unlocking new market opportunities while facing legal, environmental, and political challenges.
A drone strike by Russian forces in Odessa damaged residential buildings and injured civilians, raising concerns about regional security and business disruptions.