Donald Trump has hit 60 countries with new duties of at least 10 % as he rebuilds his tariff wall after the Supreme Court struck down his earlier levies. The UK, Mexico, the EU, Japan, Taiwan and South Korea face rates of 10‑12.5 %, effective today, based on a US investigation into forced‑labour practices.

Intel reported its fastest revenue growth in 15 years, with June‑quarter sales jumping 25 % to $16.1bn and a $2bn increase in capital spending to $20bn for AI data‑centre chips. The European Commission fined Google €890 mn for antitrust breaches, while oil prices surged above $100 a barrel as Trump warned of a “massive attack” on Iran.

Meta faces higher borrowing costs on a $12bn data‑centre bond deal yielding over 7 %. In the UK, Deputy Commissioner Nik Adams urged Prime Minister Andy Burnham to be “loud and visible” on fraud, the nation’s most prevalent crime. Meanwhile, a record 1,000 new ETFs have launched this year as firms chase AI and crypto trends.

Demand for “coolcations” in Scandinavia rises as southern Europe endures extreme heat, and South Korean firms accelerate US investment to dodge Trump’s tariffs.