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The Gordie Howe International Bridge connecting the US and Canada officially opened to traffic this week, facilitating C$300 billion in annual cross-border trade. The opening occurred amid escalating trade tensions between the two nations.
Prime Minister Anwar Ibrahim says Malaysia will continue negotiating with the United States over tariffs tied to forced labour concerns, noting the 10% rate imposed is relatively modest compared to other nations.
Canadian Prime Minister Mark Carney and US President Donald Trump have committed to intensifying trade negotiations in coming weeks, following Trump's announcement of additional 50% tariffs on certain Canadian exports effective August 19.
South Korea's Industry Minister Kim Jung-kwan is travelling to Washington this week for talks with senior US officials, seeking to shore up bilateral trade relations ahead of an anticipated US decision on tariffs under Section 301 of the Trade Act.
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The United States has launched a trade investigation into Germany's pharmaceutical pricing regulations, citing concerns about market access. The probe could result in tariffs and may signal broader protectionist shifts affecting global drug markets.