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Brazil
Xi Jinping told Luiz Inácio Lula da Silva that China supports Brazil in defending its sovereignty and rejecting external interference, while the two presidents advanced a broader agenda covering Mercosur trade talks, critical minerals, artificial intelligence, satellites and fertilizers.
Asia
Sri Lanka's reclaimed-land special economic zone has received 176 proposals and created 9,871 employment opportunities, while finalized projects account for $336.67 million of the total investment pipeline.
Latin America
Uruguay's president said a U.S. tariff increase from 10 percent to 12.5 percent on certain products would have a limited but concerning impact, affecting about one-fifth of the country's exports to the U.S. market while excluding services and the main export lines.
Middle East
Yemen's Houthi group has vowed to retaliate after Saudi-led coalition warplanes struck Houthi-controlled targets in Hodeidah, warning that the next phase would follow an "escalation for escalation" approach. The strikes came hours after a Saudi oil tanker was damaged in a Red Sea attack.
Europe
Norway has strongly opposed a new 12.5 percent U.S. tariff on its imports, calling Washington's unilateral measure unjustified. Foreign Minister Espen Barth Eide stated that the justification for the tariff is baseless, as Norway already has clear rules to prevent trade in goods produced using forced labor.
Oceania
Australia has been placed under a 12.5 percent United States tariff as Washington's new tariff framework replaced a temporary 10 percent levy.
Brazil
Brazil said about 2,000 products exported to the United States will be exempt from the latest US tariffs, including coffee and orange juice.
Latin America
Mexico's economy minister said the country's effective tariff exposure to the United States will remain unchanged, arguing that USMCA-compliant exports will continue to move duty-free while new U.S. measures replace expiring duties on a limited share of goods.
Middle East
Saudi Arabia used a UN Security Council session to reject Houthi claims of a blockade on Yemeni ports and airports, calling the narrative misinformation and warning that attacks on commercial shipping threaten freedom of navigation in the Red Sea.
Europe
The European Union adopted a 21st sanctions package against Russia, widening restrictions across banking, crypto services, oil revenues, the shadow fleet, military supply chains and trade channels linked to Moscow's war economy.
Russia
The United States has set a 12.5 percent tariff rate on Russian goods under a new trade action that covers 60 trade partners and replaces a temporary global tariff framework introduced in February.
United States
The United States plans to impose new 10% to 12.5% tariffs on imports from 60 countries, shifting from temporary worldwide levies to a trade-law framework tied to enforcement of forced-labor restrictions.
