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Daily News Brief

July 8, 2025

Welcome to CFR’s Daily News Brief. Today we’re covering the latest on U.S. President Donald Trump’s new trade penalties, as well as...

  • Protest crackdowns in Kenya
  • Red Sea shipping attacks
  • The end of temporary protected status for Hondurans and Nicaraguans
 
 

Top of the Agenda

Trump announced new tariffs on Japan, South Korea, and a dozen additional countries yesterday. He also signed an executive order extending an initial ninety-day pause on so-called reciprocal tariffs affecting dozens of nations, due to expire tomorrow, until August 1. 

 

The details. The U.S. president posted several letters to social media yesterday that outlined the intended new rates.

  • Japan and South Korea, both major U.S. trading partners and allies, were hit with 25 percent tariffs set to take effect come August.
  • New rates of 40 percent on Laos and Myanmar, 30 percent on South Africa, and 25 percent on Kazakhstan and Malaysia, among hikes for seven other nations, would also go into effect on that timeline.

Trump told reporters on Monday evening that the plans were “not 100 percent firm,” signaling that he was still open to negotiations with the tariff-targeted countries. “If they call up and they say [they] would like to do something a different way, we’re going to be open to that,” he said.

 

Global reactions. 

  • South Korea said that it would escalate efforts to reach a “mutually beneficial result” with the United States before the new tariffs take effect. 
  • Japan’s top trade minister said he had spoken with the U.S. Commerce Secretary Howard Lutnick, and that talks would continue.
  • BRICS countries, including China and Russia, have spoken out against Trump’s threat of additional 10 percent tariffs on its members as the bloc met in Brazil yesterday. 
  • Separately, the European Union (EU) plans to sign a temporary trade deal with Washington this week that would stabilize tariffs at 10 percent, the bloc’s trade commissioner Maroš Šefčovič said on Monday.
 
 

“The constantly changing tariffs and shifting deadlines may get countries to the table, but very few will tackle comprehensive trade issues if the Trump administration cannot guarantee that the trade chaos will come to an end.”

—CFR expert Inu Manak

 

What Trump’s Trade Policy Has Achieved Since ‘Liberation Day’

.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025.

Carlos Barria/Reuters

Ten CFR experts break down what the president's trade agenda has accomplished since he placed a ninety-day pause on his expansive “Liberation Day” tariffs in this article. 

 
 

Across the Globe

Netanyahu at the White House. Israeli Prime Minister Benjamin Netanyahu met with Trump in Washington yesterday to discuss a newly proposed sixty-day ceasefire in Gaza and recent operations in Iran. The latest proposal mediators sent to Hamas includes a hostage and prisoner exchange plus ramped-up aid distributed by the United Nations, according to AP; today, the Red Cross warned that casualties at aid sites have virtually engulfed the health system. Meanwhile, the latest round of ceasefire talks in Qatar ended without a breakthrough, though indirect talks continued. 

 

Protests in Kenya. At least eleven people died and hundreds were arrested by police during antigovernment protests across the country on Monday, the thirty-five-year anniversary of a major pro-democracy rally. A wave of demonstrations over alleged corruption, police brutality, and high cost-of-living has been ongoing since last year. Authorities shut down roads to Nairobi and blocked non-essential pedestrians from entering the city center.

 

Death of former Russian minister. Roman Starovoit, the country’s former transport minister, was found dead in what officials said was a suicide by gunshot wound on Monday after being fired from his post by Russian President Vladimir Putin only hours before. Some Russian media outlets reported that Starovoit could have died as early as Friday, days before the order to dismiss him was made public; the exact timeline hasn’t been confirmed. 

 

U.S.-China trade talks. U.S. Treasury Secretary Scott Bessent said Monday that he plans to meet with his Chinese counterpart in the coming weeks to discuss trade and other issues. Last month, Bessent spoke with Chinese Vice Premier He Lifeng in London, a conversation that saw both sides ease restrictions set earlier this year. Issues yet to be resolved include Trump’s demand that China address fentanyl trafficking, and aims for the divestiture of TikTok from its Chinese parent company.

 

Libyan migrants detained. Greek authorities said that more than 1,200 migrants from Libya have been detained in the past several days. They are being held in Crete and Gavdos. The surge of arrivals comes as Greece’s foreign minister is in Libya to discuss the migration crisis. Later this week, European Commissioner Magnus Brunner is also expected in Libya to encourage stronger action on migrant departures. 

 

TPS revoked for Hondurans and Nicaraguans. The U.S. Department of Homeland Security has announced it will end Temporary Protected Status (TPS) migrants from both countries. The move takes effect in about sixty days and will affect tens of thousands of migrants. Honduras and Nicaragua received TPS status in 1999 following a hurricane; Trump revoked it in his first term, and the Joe Biden administration later reinstated it.

 

Red Sea vessel attacks. Three crew members are reportedly dead after a drone and boat attack on a Liberian-flagged, Greek-owned cargo ship on Monday evening, according to a EU naval force. The EU force and Yemen’s exiled government said the Houthis were responsible, though the group did not immediately claim the attack. The rebels did claim an attack on a different bulk cargo ship hours earlier, which they said sank.


U.S. weapons to Ukraine. Trump said on Monday that the United States would send additional weapons to Ukraine, just days after Washington stopped shipments of some supplies. The pause caught Kyiv by surprise and comes as Russia has, in recent weeks, intensified air strikes. Ukrainian officials on Monday reported that at least eleven civilians were killed and more than eighty injured in recent attacks.

 
 

Covering Deportation and Immigration Stories

A gap in the U.S.-Mexico border fence near Sasabe, Arizona, U.S., May 10, 2022.

Rebecca Noble/Reuters

At the recent 2025 CFR Local Journalists Workshop, experts discussed their experiences covering vital immigration issues. Watch the event. 

 
 

What’s Next

  • Today, France’s president Emmanuel Macron is in Britain for a state visit. 
  • Tomorrow, ASEAN foreign ministers will meet with U.S. Secretary of State Marco Rubio in Malaysia.
  • Tomorrow, a South Korean court will hold a hearing for ex-leader Yoon Suk Yeol's detention warrant.
 
 

The Limits of Putin’s Ambitions

Russian President Vladimir Putin chairs a meeting with members of the Russian government in Moscow, Russia.

Gavriil Grigorov/Sputnik/Reuters

Putin’s war in Ukraine is not just about territory—it’s a calculated move rooted in history to reclaim Russia’s global influence and potentially redraw Europe’s borders, CFR expert Thomas Graham writes in this article. 

 
 

Council on Foreign Relations

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