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Trade Tensions Rise as EU Prepares Retaliation Against U.S. Tariff Hike

The European Union has strongly condemned President Donald Trump's decision to double tariffs on imported steel and aluminum, warning of swift countermeasures that could escalate global trade tensions. Announced Friday near Pittsburgh, Trump raised existing steel and aluminum tariffs from 25% to 50%, aiming to protect U.S. industry and bolster a $14.9 billion Nippon Steel–U.S. Steel deal. The European Commission responded sharply, calling the move a threat to transatlantic economic stability and global supply chains. “This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic,” a spokesperson said. The EU is finalizing consultations on expanded retaliatory tariffs, set to take effect by July 14 unless a negotiated solution is reached. The reaction from global trade partners was swift. Canada’s Chamber of Commerce criticized the tariffs as a threat to North American economic security, while Canada’s Uni...

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Gaza in Crisis: Hamas Cracks Down on Looting Amid Food Shortages

The humanitarian crisis in Gaza has deepened as Hamas executed alleged looters following violent incidents at food stores and community kitchens. The executions come amid growing desperation, with heavily armed gangs reportedly attacking food supplies in the besieged enclave. 

Hamas officials claim some of the looters were collaborating with Israel, which has maintained a blockade preventing aid from entering Gaza for the past two months. The group has vowed to take strict measures against those accused of terrorizing civilians and stealing essential supplies. 

Meanwhile, the worsening food crisis has led to sporadic protests, as residents struggle to access basic necessities. The United Nations has warned of the dire humanitarian situation, emphasizing the urgent need for aid deliveries. 

The situation remains volatile, with Hamas imposing curfews and deploying additional security forces to curb looting. As tensions rise, international organizations continue to call for an end to the blockade and immediate humanitarian assistance for Gaza’s population.

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