Trump Won’t Delay Tariff Deadline, Thai PM Suspended, Israel Kills 109 in Gaza While Trump Promises to be ‘Firm’
Andrew Sheves Good morning.
🇺🇸** Trump Won’t Delay Tariff Deadline**
President Trump ruled out extending his July 9 deadline for higher tariffs to resume, threatening to impose duties on several nations despite ongoing negotiations. So far, only the UK and China have put trade frameworks in place and no deals have been formalized, despite the 90-day delay. Trump criticized Japan, particularly for not accepting US rice exports, and said he would impose 30-35% tariffs due to trade imbalances, calling the country “very spoiled” and doubting a deal will be reached. Markets reacted with the S&P 500 dropping 14 points on the news, while Trump sounded more optimistic about finalizing a trade agreement with India within days. More - Bloomberg
🇹🇭** Thai PM Suspended Over Call with Cambodia**
Thailand’s Constitutional Court suspended Prime Minister Paetongtarn Shinawatra while considering her dismissal over a leaked phone call with former Cambodian leader Hun Sen, where she called him “uncle” and criticized a Thai military commander. The 38-year-old leader, whose approval rating plummeted from 30.9% to 9.2%, has 15 days to defend herself as deputy PM serves as acting leader. If dismissed, she would be the second Pheu Thai prime minister removed since August and the third Shinawatra family member to lose power before completing their term. More - BBC
🇵🇸** Israel Kills 109 in Gaza While Trump Promises to be ‘Firm’ with Netanyahu**
Israeli forces killed at least 109 Palestinians across Gaza, including 16 aid seekers shot at distribution hubs, as Trump vowed to be “very firm” with Netanyahu during next week’s White House visit. The attacks destroyed homes in northern and southern Gaza amid fears of another ground invasion, with 82% of the territory now under Israeli military control or forced displacement threats. Nearly 600 Palestinians have been killed at controversial US-Israeli backed aid sites since late May, prompting 170 international charities to demand the program’s immediate end. More - Al Jazeera
Europe Stability Ratings and News Summary
More Unstable
🇦🇱 Albania, 🇦🇹 Austria, 🇧🇾 Belarus, 🇧🇪 Belgium, 🇧🇦 Bosnia And Herzegovina, 🇧🇬 Bulgaria, 🇨🇾 Cyprus, 🇩🇰 Denmark, 🇫🇷 France, 🇩🇪 Germany, 🇬🇷 Greece, 🇭🇺 Hungary, 🇮🇪 Ireland, 🇮🇹 Italy, 🇱🇻 Latvia, 🇲🇰 Macedonia, 🇲🇩 Moldova, 🇲🇪 Montenegro, 🇳🇱 Netherlands, 🇷🇴 Romania, 🇷🇺 Russia, 🇷🇸 Serbia, 🇪🇸 Spain, 🇨🇭 Switzerland, 🇹🇷 Turkey, 🇺🇦 Ukraine
More Stable
No countries were more stable over this period
Unchanged
🇦🇩 Andorra, 🇭🇷 Croatia, 🇨🇿 Czech Republic, 🇪🇪 Estonia, 🇫🇮 Finland, 🇮🇸 Iceland, 🇱🇮 Liechtenstein, 🇱🇹 Lithuania, 🇱🇺 Luxembourg, 🇲🇹 Malta, 🇲🇨 Monaco, 🇳🇴 Norway, 🇵🇱 Poland, 🇵🇹 Portugal, 🇸🇲 San Marino, 🇸🇰 Slovakia, 🇸🇮 Slovenia, 🇸🇪 Sweden, 🇬🇧 United Kingdom
Reg
Carpe tomorrow!