Canada and the Philippines are finalizing a defense pact to increase military drills, with Canada expressing concerns over China’s actions in the region. Canada is strengthening its military presence in the Indo-Pacific, aligning with President Ferdinand Marcos Jr.’s efforts to enhance defense ties amid China’s assertiveness in disputed waters. The two countries are negotiating a status of forces agreement to facilitate joint exercises, as Canada supports the rule of law and trade expansion in the region.
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U.S. and EU scramble to strike a trade deal ahead of Aug. 1 deadline
The Trump administration and the EU are racing to finalize a trade deal before the August 1 deadline, with potential tariffs threatening to increase costs for consumers and businesses. Recent agreements with other trading partners, like Japan, suggest a framework for negotiations, while the EU could agree to a 15% tariff, which would still raise prices despite being lower than previous threats. Want More Context? 🔎
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