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US Senator Lindsey Graham has warned that countries continuing to trade with Russia while failing to support Ukraine could face tariffs as high as 500% on their exports to the United States. The warning follows the passage of a bill endorsed by former President Donald Trump, now approved by the US Senate, aiming to economically pressure countries maintaining business ties with Moscow.
Experts believe the measure could significantly impact nations like India and China, who are major importers of Russian oil and other goods. Senator Graham emphasized that the proposed tariffs are targeted at nations choosing commerce with Russia over humanitarian support for Ukraine. With India-Russia trade volume surging to $68.7 billion, analysts caution the bill could deal a heavy blow to India's economy if enforced.
US May Impose 500% Tariff on Imports from Countries Trading with Russia, Warns Senator Lindsey Graham
In the first half of 2025, the U.S. dollar has depreciated by over 10% in global markets — marking its steepest decline since 1973. Analysts attribute the slump to former President Donald Trump’s aggressive tariff policies and an increasingly isolationist foreign policy. Growing concerns over inflation, ballooning government debt, and unpredictable trade policies have shaken investor confidence, raising questions about America's leadership in the global financial system. While the falling dollar has made imports more expensive, exporters are seeing higher profits. According to Standard Chartered, "It's not about whether the dollar is strong or weak — it's about how the world perceives the United States."
U.S. Dollar Suffers Sharpest Six-Month Decline Since 1973
US President Donald Trump has announced that a ceasefire in Gaza could be reached at any time next week. He revealed plans for successful discussions at the White House with Israeli Prime Minister Netanyahu on Gaza and Iran. Trump stressed the priority of securing the release of hostages. His administration has already approved a $510 billion arms deal for Israel. Netanyahu is scheduled to visit Washington on July 7.
Trump Says Gaza Ceasefire Could Happen Any Time Next Week; Emphasizes Desire to Secure Hostages’ Release
The Trump administration has proposed shutting down the Mauna Loa Atmospheric Baseline Observatory in Hawaii, a key site monitoring carbon dioxide levels since the 1950s. This lab provides critical evidence of human-caused climate change, including the iconic Keeling Curve that tracks rising greenhouse gases linked to global warming and extreme weather. The budget proposal aims to defund NOAA’s climate research, threatening the continuation of this historic data collection and potentially disrupting global climate monitoring efforts.
A hacker group with alleged ties to Iran has threatened to leak nearly 100 gigabytes of emails belonging to former U.S. President Donald Trump's inner circle. The group claims to have breached the email accounts of several White House officials, Trump’s legal advisors, and senior aides.
During the 2024 U.S. presidential election, the same hackers reportedly leaked emails to the media, though the leaks did not significantly impact the outcome. Despite a stern announcement of investigation by U.S. authorities, the hackers have remained silent. The U.S. Department of Justice suspects that Iran’s Islamic Revolutionary Guard Corps (IRGC) may be behind the attack. Sources also indicate that efforts are underway to sell the stolen emails, with Reuters allegedly being approached to publicize the breach.
Iran-Linked Hackers Threaten to Leak 100GB of Emails from Trump Allies
Elon Musk has called the proposed $5 trillion U.S. debt ceiling hike "insane spending" and warned it could plunge the country into uncontrollable debt. He suggested the formation of a new political party that would truly represent the interests of the people. Following his remarks, Tesla shares saw a significant decline. Musk dubbed the current political landscape a "one-party system" humorously referring to it as the "Porky Pig Party."
Elon Musk Proposes New Political Party Amid Criticism of U.S. Debt Bill
White House Press Secretary Karoline Leavitt reaffirmed India’s status as a critical strategic partner in the Asia-Pacific region.
She noted that President Trump maintains a strong relationship with Prime Minister Narendra Modi and is nearing the finalization of a bilateral trade agreement. The comments come amid Indian Foreign Minister S. Jaishankar’s visit to the U.S. for the Quad summit and a UN event on state-sponsored terrorism.
India Remains a Key Strategic Ally in Asia-Pacific: White House
U.S. President Donald Trump signed an executive order on Monday lifting nearly all longstanding economic sanctions on Syria.
According to the White House, the move fulfills a promise made to Syria’s interim leader Ahmed Al-Sharar and paves the way for Syria’s reintegration into the international financial system. However, sanctions related to human rights violations, drug trafficking, and chemical weapons will remain. The designation of Syria as a “state sponsor of terrorism” is still under review.
Trump Lifts Most Sanctions on Syria in Executive Order
Zohran Mamdani, a candidate for New York City Mayor, has said that the existence of millionaires perpetuates extreme inequality and is fundamentally unjust.
He argued that the city should be designed for working-class and low-income residents. While open to working with the wealthy, Mamdani supports raising taxes on affluent New Yorkers.
In response, former President Donald Trump threatened to cut federal funding to New York City if Mamdani “doesn’t behave.”
Millionaires Should Not Exist in a Just Society: NYC Mayoral Candidate Zohran Mamdani
Former U.S. President Donald Trump stated that the United States is willing to ease sanctions on Iran if the country adopts peaceful behavior and coordinates with Washington. In a Fox News interview on June 29, Trump dismissed claims that Iran removed uranium before a U.S. strike, calling it logistically difficult. He also highlighted Iran as the main obstacle to peace in the Middle East and expressed hope that Iran might join the Abraham Accords in the future.
Former U.S. President Donald Trump has stated that sanctions on Iran could be lifted if the country adopts a peaceful approach and cooperates with the U.S.
Trump claimed Iran is now "exhausted" following Israeli-U.S. military pressure and is incapable of continuing its nuclear ambitions. He mentioned Iran was caught off guard after failing to secure its uranium stockpile. Trump also expressed hope that more countries would join the Abraham Accords.
Trump: Sanctions on Iran May Be Lifted if It Cooperates Peacefully
Former President Donald Trump warned that federal funding for New York City could be withdrawn if Democratic mayoral candidate Zohran Mamdani is elected and fails to “behave properly.” Calling Mamdani “a pure communist,” Trump stated, “If he wins and doesn’t do the right thing, they’ll get nothing—not a single dollar.” New York currently receives over $100 billion annually in federal funding. Mamdani responded by rejecting the label, saying, “I am not a communist. President Trump is targeting my race, accent, and identity to distract from real issues.”
Trump Threatens to Cut Federal Funding if Zohra Mamdani Elected NYC Mayor
Tech billionaire Elon Musk has harshly criticized former U.S. President Donald Trump’s mega-budget bill, calling it “absolutely insane.” Musk warned that the legislation would push the country into “debt slavery” and destroy millions of jobs. The fallout between Musk and Trump escalated earlier in June when Trump introduced the controversial tax and spending bill, which narrowly passed a Senate hurdle with a 51-49 vote. Musk further accused the bill of supporting outdated industries while ignoring future-oriented sectors such as renewable energy and tech innovation.
Elon Musk Slams Trump’s Budget Bill as ‘Insane,’ Predicts Economic Catastrophe
An early morning explosion in Philadelphia's West Bristol Street area caused a massive fire that collapsed at least three buildings. Authorities confirmed one fatality and two women injured. Rescue teams continue to search for those potentially trapped under rubble. The cause of the explosion remains unknown.
In a separate incident on the same day in Idaho, gunmen opened fire on firefighters during a wildfire operation, killing two and injuring several others.
Philadelphia Explosion Destroys 3 Buildings; One Dead, Several Injured
Former U.S. President Donald Trump posted on Truth Social urging: “Make a deal in Gaza. Bring the hostages back.” Although he did not name Hamas or Israel, the wording suggested he was directing the appeal to Israeli authorities. Meanwhile, a mother of one of the hostages accused Israeli Prime Minister Benjamin Netanyahu—who faces charges at the International Criminal Court of war crimes and crimes against humanity—of refusing a ceasefire agreement to cling to power.
Trump Calls for Deal to Bring Hostages Home from Gaza
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