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CUSMA Renewal Deadline Passes: What It Means for Your Wallet

  July 8, 2026 July 1 came and went without a full renewal of the Canada-United States-Mexico Agreement (CUSMA). Instead of locking in another 16-year term, the United States chose not to extend the deal in its current form, which means the trade pact now shifts into an annual review process for the next decade. Here's what that actually means for your money. What just happened All three countries had until July 1 to say whether they wanted to renew CUSMA. Because Washington opted against a full renewal, the agreement now gets reviewed annually rather than being locked in for over a decade. Canada's Trade Minister Dominic LeBlanc confirmed the three countries agreed to keep talking, with Canada specifically pushing to address sectoral tariffs on steel, aluminum, autos, and lumber. Any of the three countries can still walk away entirely with six months' notice. The good news: most trade stays tariff-free For now, the status quo holds. The bulk of Canadian exports to the U.S....
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France and Belgium Support ICC Request for Arrest Warrants of Israel and Hamas Leaders

 

In a significant development, France and Belgium have publicly backed the International Criminal Court’s (ICC) request for arrest warrants for leaders of Israel and Hamas. The ICC’s chief prosecutor, Karim Khan, accused Israeli Prime Minister Benjamin Netanyahu, Defense Minister Yoav Gallant, and three Hamas leaders—Yehya Sinwar, Mohammed Deif, and Ismail Haniyeh—of war crimes and crimes against humanity in the Gaza Strip and Israel.

While Netanyahu and Gallant are not currently facing imminent arrest, this announcement serves as a symbolic blow that deepens Israel’s isolation over the war in Gaza. The ongoing conflict has resulted in significant casualties, with at least 35,000 Palestinians losing their lives, and around 80% of the population—2.3 million Palestinians—being displaced within the territory.

The ICC’s decision to seek arrest warrants has drawn strong reactions. Netanyahu condemned it as “a moral outrage of historic proportions” while the court’s panel of three judges will now decide whether to issue the warrants and proceed with a case.

This development underscores the gravity of the situation and highlights the complex geopolitical dynamics surrounding the Israel-Hamas conflict. As the world watches, the ICC’s pursuit of justice remains a critical step in addressing alleged war crimes committed during the conflict.

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