Russia has launched a new nuclear-powered icebreaker named Chukotka, joining the fleet of icebreakers. The vessel, part of Project 22220, is designed to endure extreme Arctic conditions and plow through ice up to 2.8 meters thick. The launch, overseen by President Vladimir Putin, aims to boost cargo traffic on the Northern Sea Route and expand Russia’s icebreaker fleet to develop Arctic territories and increase freight transit efficiency.
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Tariff rates are “pretty much set,” U.S. trade representative Jamieson Greer says
U.S. Tariff Rates Set Following Trump’s Executive OrderU.S. Trade Representative Jamieson Greer announced that tariff rates on imports from over 60 trading partners are set, following President Trump's recent executive order imposing a blanket 10% tariff starting August 7. While some countries, like South Korea and the EU, secured deals, Canada faces a 35% tariff due to ongoing trade negotiations, reflecting the administration's efforts to address trade imbalances. Want More Context? 🔎
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