The Free Trade Commission convened on 1 July 2026 to begin the USMCA’s six-year review, with Mexico facing a 9.8% average tariff rate and the three nations deciding whether to extend or let the pact expire in 2036.
Tag: United States
Posted inMarkets
Eli Lilly climbs 7% as EU regulators back Jaypirca across all CLL treatment lines
Shares in Eli Lilly rose 7.13% to $1,208.12 on June 26 after the EMA’s committee recommended approving pirtobrutinib for chronic lymphocytic leukemia across all treatment lines.
Posted inEconomy
US economy expanded 2.1% in Q1 2026 but corporate confidence warns of a rougher second half
The Bureau of Economic Analysis confirmed 2.1% annualised GDP growth in the first quarter of 2026 on June 25, a rebound from Q4’s 0.5%, even as CEO surveys signal gathering headwinds ahead.
Posted inTech
Paul Tudor Jones says the US is dangerously late to regulate AI
The hedge fund founder told CNBC on May 7 that Washington’s failure to establish governance frameworks while AI deployment accelerates is a ‘governance gap’ that could produce risks society is not prepared for — framing AI oversight as a financial stability concern, not just a civil liberties one.
Posted inGeopolitics
Trump’s Ukraine ceasefire breaks within 48 hours
The three-day ceasefire Trump announced for May 9–11 included a prisoner swap of 1,000 soldiers per side, but within 24 hours Ukrainian forces had logged 180 battlefield clashes and Russian drone and artillery strikes continued across the front.
Posted inGeopolitics
Trump and Xi open Beijing summit on trade, Taiwan, and the Strait
The two leaders agreed to pursue a ‘constructive China-US relationship of strategic stability’ on the first day of a two-day state visit, with the Strait of Hormuz, Taiwan, and rare earths all on the table alongside tariffs.