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U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after an announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain, July 27, 2025.

REUTERS/Evelyn Hockstein/File Photo

HARD NUMBERS: Trump pitches Europe on joint tariffs, Mexico nabs uniformed diesel smugglers, Hong Kong lawmakers veto same-sex bill, Apple holds prices steady

100: In his ongoing, and so-far fruitless, efforts to convince Vladimir Putin to stop the war in Ukraine, Donald Trump reportedly asked the EU to apply 100% tariffs on India and China, the Kremlin’s most important trade partners. The report also said Trump was prepared to apply those same tariffs himself if the EU agreed.
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Graph showing the rise of the missing persons in Mexico from 2000-2024.

Eileen Zhang

Mexico’s missing are a growing issue

Last Saturday, thousands of Mexicans marked the International Day of the Disappeared by taking to the streets of the country’s major cities, imploring the government to do more to find an estimated 130,000 missing persons. The growing movement has put pressure on President Claudia Sheinbaum, who made addressing this issue a pillar of her campaign.

Much to Sheinbaum’s and the country’s dismay, the problem seems to be getting worse. The total number of missing people in Mexico increased 12% in 2025, after growing 6.3% in 2024 and 7.3% in 2023, according to the Mexican Institute of Human Rights and Democracy.

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South Korea's former first lady Kim Keon Hee, wife of impeached former president Yoon Suk Yeol, arrives at a court to attend a hearing to review her arrest warrant requested by special prosecutors at the Seoul Central District Court, in Seoul, South Korea August 12, 2025.

REUTERS

Hard Numbers: South Korea’s ex-first lady jailed, Mexico transfers cartel members to US, Europe threatens to re-sanction Iran, Poland rearms

800 million: South Korea sent Kim Keon Hee – the 52-year-old wife of former President Yoon Suk Yeol – to solitary confinement on Tuesday, after arresting her for stock manipulation, bribery, and election meddling. Prosecutors accused Kim of making over 800 million won ($580,000) by manipulating the stock price of local BMW dealer, Deutsch Motors. Her husband President Yoon was impeached and detained after he tried to impose martial law in December last year.

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A demonstrator burns mock dollar bills with the face of US President Donald Trump during a protest against the US tariffs imposed on Brazilian products, in front of the United States Embassy in Brasilia, Brazil, on August 1, 2025.

REUTERS/Mateus Bonomi

What We’re Watching: Another US tariff announcement, El Salvador leader can now rule indefinitely, Indonesian president pardons opponents

US hits the world with fresh wave of tariffs

US President Donald Trump slapped new tariffs on 92 countries, including key allies. Canada, the US’s number two trade partner, was hit with a 35% rate. Taiwan, a critical semiconductor supplier, also faces fresh levies that could ripple through global tech supply chains, and India now faces a 25% rate. For some countries, Trump’s latest threats are actually a reprieve, as he lowered previously threatened rates: tiny Lesotho, which Trump once said “nobody has ever heard of,” will now face a 15% duty, down from 50%. The new levies take effect on Aug. 9, but Mexico, the US’s largest trade partner, won a 90-day extension. Trump reached a deal with the EU earlier this week, and is still negotiating with China.

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Lizzy Yee

Graphic Truth: Trump increases tariff threats on top trade partners

US President Donald Trump is threatening to impose 30% tariffs against the United States’ top two trading partners, the European Union and Mexico, demanding that Europe open its markets more to US products and that Mexico combats local drug cartels. Without new trade deals, the levies would come into effect on Aug. 1, and are higher than the previous duties that Trump had threatened. The announcement has put both Mexico and the European trading bloc on their heels: they have each now scrapped earlier plans to retaliate, favoring negotiations to smooth things over in the next two weeks. However, as Trump continues to drive an extremely hard bargain with even the US’s closest trading partners, he increases the risk that they will look elsewhere for alliances – for some, this process has already begun.

Graphic Truth: Mexico and Brazil seek to boost trade ties

Mexico and Brazil are exploring ways to boost their trade ties, and there’s certainly room for improvement: bilateral commerce between Latin America’s two largest economies amounted to just $13.6 billion last year. That’s less than 10% of Brazil’s trade with China, and not even 2% of Mexico’s trade with the US. While the two countries have historically competed for dominance, the Trump administration’s latest tariffs and the election of left-wing leadership in both Brazil and Mexico have motivated closer cooperation.

Here’s a look at where trade between Brazil and Mexico currently stands.

European Commission President Ursula von der Leyen during the European Council summit at the headquarters of the European Council, in Brussels, Belgium, on June 26, 2026.

Nicolas Economou/NurPhoto

Hard Numbers: European leader faces no confidence vote, Sheinbaum wants to sue SpaceX, & more

401: European Commission President Ursula von der Leyen faces a no-confidence vote over “Pfizergate,” a scandal over how she secured vaccines in 2021 by personally texting Pfizer’s CEO. It would take an unlikely 401 votes in the 720-strong European Parliament to oust her, but the vote may push her to make political concessions to both the left and right to shore up support.

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- YouTube

Trump-Musk rift over Trump's "big, beautiful bill"

On Ian Bremmer’s World In 60 Seconds: Ian breaks down the rift between President Trump and Elon Musk over Trump’s “big beautiful bill”, Mexico’s democratic backslide, and South Korea's new leadership.

Ian's takeaways:

On Trump-Musk feud: “I think Elon is mad at a bunch of stuff right now. And as we know, he's not exactly stable in how he puts his views out as he has them.”

On Mexico’s judicial reform: “It’s really bad for democracy… and leads to a lot more corruption.”

On South Korea’s new leadership: “He (Lee Jae-myung) says he wants to govern as a centrist, but I suspect he’s going to govern more to the left.”

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