Al Jazeera :
US President Donald Trump is set to hold talks with the leaders of Canada, Mexico to discuss the punishing tariffs he is imposing on the neighbouring countries as well as China.
This comes as US Secretary of State Marco Rubio travelled to Panama to tell its leader to end China’s alleged influence over the Panama Canal or face action from Washington.
Elon Musk, who heads the Department of Government Efficiency (DOGE), declares that the United States Agency for International Development (USAID) should “die” amid reports that two top security officials at the aid agency were put on leave for refusing his representatives access to classified materials.
Israeli Prime Minister Benjamin Netanyahu is in Washington DC, for talks with Trump and other US officials on the second phase of the ceasefire agreed with Palestinian group Hamas in Gaza, according to his office.
European shares have retreated on Monday, joining a global selloff amid fears that US President Donald Trump’s latest tariffs could escalate into a broader trade war.
US and Europe need each other, warns EU vice president
“There are no winners in a trade war; we need America and America needs us,” the vice president of the European Commission, Kaja Kallas, has said in response to Trump’s threats of imposing tariffs on the EU.
“If the US and Europe start a trade war, the one laughing on the side is China.”
The pan-European STOXX 600 index was down 1.4 percent as of 08:10 GMT. Futures for Wall Street’s S&P 500 also fell 1.3 percent.
