The president of Indonesia confirmed to reporters in Jakarta that he agreed to 19% tariffs, in exchange for buying more wheat, soybeans, fuel and Boeing aircraft.
Social Media
Social media platforms are facing intense scrutiny over how they collect, share and monetize user data. As new state and federal laws focus on age verification, parental controls and transparency requirements, social media companies face legal risks around algorithmic targeting, third-party tracking and children's safety. This page follows key legislation, investigations and lawsuits shaping privacy practices for major social platforms.
The Council of the European Union on July 15 sanctioned Russian individuals and entities for committing human rights abuses and engaging in destabilizing actions abroad through foreign information manipulation.
The chief negotiator for the EU told reporters in Brussels July 14 that his team had thought "we are very close to an agreement," though there were still "quite large gaps" on what the U.S. was offering and what the EU could accept on goods subject to national security tariffs, such as cars and steel, and, perhaps in the future, pharmaceuticals.
Treasury Secretary Scott Bessent, on Bloomberg Television on June 30, didn't predict how many deals would be announced with the 18 largest trading partners of the U.S. before July 9. However, he said that countries "are coming in with offers" that long-time staff negotiators "can't believe," because they're so good.
The U.K. on June 26 amended various entries on its Russia sanctions list, the Office of Financial Sanctions Implementation announced. The U.K. made changes to entries for 14 people that were originally sanctioned for undermining Ukrainian sovereignty through their work at the Social Design Agency, a Russian social media and marketing firm. OFSI also revised the entries for two entities: Rosneft Marine (UK) and the Main Directorate of Deep-Sea Research of the Ministry of Defence of the Russian Federation.
Paulo Figueiredo, a Brazilian journalist living in Florida, urged the U.S. June 24 to impose Global Magnitsky Act sanctions on Brazilian judge and “de facto dictator” Alexandre de Moraes for persecuting political opponents and journalists.
President Donald Trump appeared to signal June 24 that the U.S. no longer will sanction China for purchases of Iranian oil.
House Select Committee on China Chairman Rep. John Moolenaar, R-Mich., called on the Trump administration June 23 to enforce a 2024 law that requires China’s ByteDance to sell TikTok or face a U.S. ban on the popular social media application.
President Donald Trump signed an executive order June 19 giving China’s ByteDance an additional 90 days, or until Sept. 17, to find a buyer for TikTok or face a U.S. ban on the popular social media application.
The Trump administration released more details about the conditions for Japan-based Nippon Steel's purchase of U.S. Steel, which Trump said would result in a $14 billion investment in the U.S. economy while keeping the American company headquartered in the U.S. (see 2505230075).