Overview
- Donald Trump announces a 20% tariff on Chinese imports starting March 4, escalating tensions with Beijing, which has promised retaliatory measures.
- Canada and Mexico also face new tariffs of up to 25%, tied to disputes over border security and fentanyl trafficking, prompting strong responses from both nations.
- Trump's administration pressures Ukraine to grant access to its mineral resources in exchange for undefined security assurances, amid ongoing conflict with Russia.
- Ukrainian President Volodymyr Zelensky rejects initial U.S. demands for $500 billion in compensation but explores a framework for a joint resource fund with the U.S.
- European leaders express concern over Trump's aggressive trade policies and diminishing transatlantic alliances, as calls grow for a unified European response.