In a controversial statement before a NATO summit, President Trump cast doubt on the U.S. commitment to NATO's Article 5, fueling tensions as leaders prepare for a significant defense spending increase.
President Trump's recent threat to impose a 50% tariff on the EU raises questions about U.S.-European relations. After delaying the tariffs to July 9 and calling it a 'recommendation,' how will markets react? Analysts suggest these tariffs may backfire on American manufacturers.
Friedrich Merz is set to be sworn in as Germany's Chancellor, ending months of political limbo. He aims to revitalize the economy and tackle rising far-right sentiment while navigating international relations.
