Global Scans · USA · Weekly Summary

WHAT'S NEXT?: Donald Trump's surprise win in the Presidential election mean the world and America can expect prolonged uncertainty as new domestic policies are put in place, different international relationships formed and attitudes change towards current friends and rivals.

• [New] The U.S. Department of Agriculture on Friday increased U.S. soybean exports for the 2024-25 crop year but cut them by 4% for the 2025-26 crop year. UkrAgroConsult
• [New] EU Tariffs May Redirect $7 Billion Exports to US: Study India could gain significantly from trade diversions without major EU losses. Moneycontrol
• [New] As global markets navigate the complexities of new U.S. tariffs and mixed economic indicators, investor sentiment remains cautious, particularly in Asia where hopes for stimulus measures in China have buoyed local indices. Yahoo Finance
• [New] The increases to nations' GDP will be unequally dispersed, with North America and China experiencing the most gains while the Global South gains far less. allAfrica.com
• [New] UK consumers could see prices rise if EU goods become more expensive or scarce in the US, prompting EU producers to redirect exports to other markets, including the UK. The Independent
• [New] In other tariff developments, Trump said that he believed that tariffs on copper imports would be raised to 50% and warned of higher tariffs to come for pharmaceuticals that could be as high as 200% even if businesses have 12-18 months to move their manufacturing to the US. Emirates NBD Research
• [New] The EU will delay retaliatory tariffs on US imports that were due to take effect as of August. Business Tech Africa
• [New] The US faces scrutiny over stablecoin regulation and potential conflicts of interest, prompting calls for India to establish a clear, comprehensive crypto policy to address financial and security risks. The Economic Times
• [New] U.S. production growth of crude oil and natural gas remains relatively high through 2030 due to increasing U.S. exports of petroleum products and liquefied natural gas, as U.S. energy exports continue to be economical for international consumers. EIA - Energy Information Administration
• [New] Australia will refuse any US request to join a hypothetical conflict with China over Taiwan and will not make any advance commitment. The Guardian
• [New] The risk is that a weaker dollar then starts to impact other US asset markets, as investors will start to demand a higher risk premium for what has usually been viewed as the riskless asset. Brown Brothers Harriman
• [New] The US is currently in a deflationary depression with a potential hyperinflation event of the dollar, which could lead to a commodity super cycle and a revaluation of US assets. Dollar Collapse
• [New] The BRICS nations (Brazil, Russia, India, China, South Africa) have the potential to surpass the US in economic and military power over the next 25 years. Dollar Collapse
• [New] Intensifying trade risks (new US-Canada tariffs), slowdown in key UK and German economies, and divergent Fed signals create a backdrop of heightened caution for stocks and corporate bonds. Adler's Insights
• [New] Experts Warn India Against Rushed US Trade Deal That Risks Agriculture Amid Soaring US Tariffs on Key Global Partners Experts urged India not to rush into a trade deal with the US that could harm key sectors like agriculture, as Washington plans high tariffs on major partners like Brazil and the EU. Leverage Edu
• [New] Although Australia does not permit foreign bases, the U.S. military is expanding its rotational presence and fuel stores on Australian bases, which from 2027 will have U.S. Virginia submarines at port in Western Australia. MarineLink
• [New] Australia will reject any U.S. requests for advance commitments in the event of a potential conflict in the Indo-Pacific region. Militarnyi
• [New] China has issued a warning to the US, against reigniting trade tensions by reinstating tariffs on Chinese goods next month and threatened retaliation against countries that align with the U.S. to exclude China from supply chains. Business Tech Africa
• [New] In the US, the uncertainty about the broad Trump fiscal bill, which is expected to add another 3.3 billion dollars to an already high US debt load, is feeding concerns and undermining the status of safe refuge of the US dollar. World Stock Market
• [New] Childhood obesity and its adverse health consequences have risen worldwide, with low socioeconomic status increasing the risk in high-income countries like the United States. PubMed
• [New] Vietnam's new US trade deal sparks optimism despite tariff challenges - Under the new deal, US goods into Vietnam will not be taxed while Vietnamese exports will face a 20% US tariff. Edwards Global
• [New] U.S. President Donald Trump has unveiled a sweeping new trade directive that could disrupt the growing momentum of BRICS nations to loosen their dependence on the U.S. dollar. The Exchange Africa

Last updated: 16 July 2025