The Lebanese Cabinet, chaired by President Joseph Aoun, has authorized the army to develop a plan to consolidate weapons under state control by year-end, primarily targeting non-state groups like Hezbollah, as announced by Prime Minister Nawaf Salam. The Cabinet also agreed to continue discussions on a US arms control proposal at a government meeting set for August 7.
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Higher US tariffs kick in for dozens of trading partners
The United States has implemented higher tariffs on goods from various countries, significantly escalating trade tensions under President Trump's administration, with Indian tariffs doubling to 50% and a 100% levy on many semiconductor imports. This move, aimed at countering unfair trade practices and addressing geopolitical issues, risks increasing inflation and impacting smaller American businesses as negotiations with trading partners remain contentious. Want More Context? 🔎
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