Daily Glint (#24)

Trump Tariffs Ruled Illegal by U.S. Court

A U.S. trade court has ruled against many of the global tariffs imposed during Donald Trump’s presidency, declaring them unlawful. This decision deals a blow to Trump’s ongoing economic policy agenda, just as he campaigns for re-election. Trump’s adviser, Kevin Hassett, responded by saying the decision would likely be appealed and also mentioned that three new international trade agreements are nearing finalization. The ruling led to volatility in oil and equity markets as investors recalibrated expectations.

Vietnam Bans Economist Issue Featuring Its Leader

The Vietnamese government has reportedly banned the latest print issue of The Economist because it features the country’s top leader on the cover. Distributors were instructed not to sell the issue, likely due to concerns over critical reporting. This move reflects Vietnam’s tightening control over media and press freedom.

India Named Future Growth Engine by WEF

The World Economic Forum’s 2025 report highlights India as the world’s primary engine of economic growth over the next two years. Strong consumer demand, rapid digital transformation, and foreign investment make India central to the global economy’s momentum, surpassing even China in near-term growth potential.

U.S.–Iran Nuclear Talks Make Progress

The third round of nuclear negotiations between the U.S. and Iran has reportedly made significant progress. However, tensions remain as the U.S. recently imposed new sanctions on entities accused of aiding Iran’s ballistic missile development. Both sides seem cautiously optimistic, but mutual distrust still poses a challenge.

King Charles III Visits Canada

King Charles III and Queen Camilla have arrived in Canada for a royal visit, their first since Charles became monarch. The visit is symbolic, reaffirming Canada’s ties to the monarchy at a time of growing discussions about republicanism. The tour includes meetings with indigenous leaders, state officials, and public engagement.

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