Trump to Double Steel and Aluminum Tariffs

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China Accuses U.S. Defense Chief of Vilifying Remarks

Beijing has issued a strong diplomatic protest to the U.S. over what it calls “vilifying” remarks by Defense Secretary Pete Hegseth. According to China’s foreign ministry, Hegseth’s comments made at a recent regional security forum misrepresent China’s intent and escalate tensions unnecessarily. The exchange highlights the ongoing geopolitical friction between the two countries, particularly in the Indo-Pacific theater. Read More >>

Google to Appeal Online Search Antitrust Ruling

Google is preparing to challenge a U.S. District Court ruling that found it violated antitrust law in the online search space. The tech giant claims the court erred in its decision and plans a robust legal response. The outcome could significantly impact how search engines operate and monetize user data moving forward. Read More >>

OPEC Sticks to July Production Hike Plan

OPEC has confirmed a substantial increase in oil production for July, aiming to reclaim market share and respond to rising demand. The move comes despite concerns about oversupply and price volatility. Analysts warn that this could drive short-term turbulence but potentially signal longer-term supply dominance. Read More >>

Trump to Double Steel and Aluminum Tariffs

President Trump has announced his intention to raise tariffs on imported steel and aluminum to 50%, doubling current rates. The move is part of a broader strategy to bolster domestic production, though it risks reigniting trade disputes. Market watchers are divided on whether this will spark inflation or boost manufacturing stocks. Read More >>

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