Thailand has become the top U.S. supplier of pet food after years of booming exports, but Trump’s unpredictable tariff policies are throwing the industry into chaos. Some American importers are already eyeing other markets, leaving Thai producers scrambling to adapt.

Editor’s Note: If you’ve ever bought a bag of dog or cat food, there’s a good chance it came from Thailand—but that might not last. Trade wars and sudden policy shifts aren’t just about steel or cars; they ripple down to everyday products, and in this case, could mean higher prices or fewer options for pet owners. It’s another example of how geopolitical decisions hit unexpected corners of the economy.

The US is reportedly nearing up to 10 new trade deals, including a recent agreement with China on rare earth minerals—a critical sector for tech and defense. Meanwhile, UK car production has hit a 76-year low, with exports to the US plummeting by over 55% last month due to Trump-era tariffs that slapped a 25% duty on imported vehicles.

Editor’s Note: Trade tensions have real-world consequences—while the US moves forward on new deals, the fallout from past policies is still hurting industries like UK auto manufacturing. The rare earth agreement with China matters because these minerals are essential for everything from smartphones to military tech, but the broader picture shows how tariffs can backfire, squeezing global supply chains and leaving businesses scrambling.

The White House is downplaying the urgency of the July 9 deadline for imposing new tariffs on China, suggesting it could be pushed back. Officials are signaling flexibility, hinting that negotiations or other factors might delay the move.

Editor’s Note: This isn’t just about tariffs—it’s a sign the administration might be leaving room for last-minute deals or tactical shifts. For businesses and markets, that uncertainty cuts both ways: relief that harsh measures could be delayed, but also frustration over the lack of clarity. The back-and-forth keeps everyone guessing.

UK car production plummeted to its lowest level since World War II in May, with exports to the US taking a particularly brutal hit—they dropped by half. The slump comes as US tariffs imposed under former President Trump forced some British automakers to stop shipping vehicles altogether.

Editor’s Note: This isn’t just a bad month for UK carmakers—it’s a warning sign. With trade barriers choking off a key market, the industry’s recovery from pandemic disruptions just got a lot harder. For workers, investors, and even consumers, it’s a reminder of how quickly political decisions can ripple through global supply chains.

The U.S. and India are inching closer to a major trade deal, with President Trump teasing a "very big" agreement that could reshape trade between the two nations. The pact is expected to tackle key sectors like energy, agriculture, and defense, possibly easing tariffs and opening up new opportunities for businesses on both sides.

Editor’s Note: A U.S.-India trade deal could be a game-changer—boosting exports, lowering costs for consumers, and strengthening ties between two of the world’s biggest economies. But the devil’s in the details: Will it balance American demands for market access with India’s need to protect its farmers and industries? Either way, it’s a story worth watching.

Japan is gearing up for more economic strain from U.S. tariffs, particularly on its auto industry, and is promising swift action to soften the blow. The country’s economy minister has vowed to step in with support "without hesitation" if the situation worsens, signaling concern over potential disruptions to a key sector.

Editor’s Note: This isn’t just about cars—it’s about a high-stakes trade tiff that could ripple through Japan’s economy. The auto industry is a major employer and export driver for Japan, so U.S. tariffs could hit hard. The government’s quick-response pledge shows how seriously they’re taking the threat, but it also hints at unease that the trade spat might escalate. For global markets, it’s another wrinkle in an already tense economic landscape.

The European Union is considering reducing tariffs on certain US goods as part of a strategic move to negotiate a trade deal with the Trump administration, according to a report by The Wall Street Journal. This potential concession aims to ease tensions and secure a broader agreement, though details on which products might be affected remain unclear.

Editor’s Note: Trade wars and tariffs have been a sticking point between the US and EU for years, with both sides imposing penalties on each other's exports. If the EU follows through, it could signal a thaw in relations—or at least an attempt to avoid further escalation. For businesses and consumers, lower tariffs might mean cheaper imported goods, but the bigger picture is whether this leads to a lasting deal or just temporary relief.

Taiwan is slapping temporary anti-dumping duties on Chinese beer and steel imports, aiming to protect local industries from what it sees as unfairly cheap products flooding the market. The measures will last four months while officials investigate further.

Editor’s Note: This isn’t just about beer and steel—it’s another flare-up in the tense economic relationship between Taiwan and China. Taiwan’s move signals it’s pushing back against what it views as predatory pricing, but it could also escalate trade tensions between the two. For consumers, it might mean higher prices, and for businesses, it’s a reminder of how geopolitical friction spills into everyday commerce.

Indian companies are expected to have a stronger earnings season compared to Chinese firms, thanks to robust domestic growth and an advantage from tariffs. Investors are feeling more upbeat about India's market prospects right now.

Editor’s Note: This isn't just about quarterly profits—it reflects a bigger shift in investor confidence. While China faces economic headwinds, India's domestic demand and trade policies are giving its companies an edge. For markets, it could mean more capital flowing into India, reshaping regional investment trends.