U.S.-U.K. Trade Deal Hits Stumbling Block

Australia has enacted a groundbreaking law prohibiting individuals under the age of 16 from accessing social media platforms, effective December 10, 2025. This initiative aims to protect minors from online risks such as cyberbullying and exposure to harmful content, positioning Australia as the first country to implement such a ban.

Four Canadian provinces are experiencing a surge in demand for American liquor, particularly bourbon, after removing these products from shelves in response to President Trump's tariffs. This unexpected rush comes as consumers seek to purchase stockpiles of the boycotted liquor, reflecting a complex relationship between trade policies and consumer behavior.

Broadcom's shares fell after the company's sales outlook for the AI market did not meet investor expectations, despite previously reporting strong earnings and a revenue forecast of $19.1 billion for the upcoming fiscal first quarter. President Trump announced the US's willingness to assist Ukraine's security as part of a peace plan.

President Trump has taken significant steps to ease restrictions on chip exports to China, allowing companies like Nvidia to sell advanced AI chips to approved customers. This move follows a series of diplomatic engagements between Trump and Chinese President Xi Jinping, including a recent meeting in Busan, South Korea, where they discussed trade and bilateral relations.