40 nations met to address Trump's demand to reclaim the Strait of Hormuz, considering military escorts if Iran stops ambushing commercial ships. Britain emphasized international determination to secure freedom of navigation.
Trump plans military operations in Iran targeting Kharg Island and uranium stockpiles, while telling European countries to handle Strait of Hormuz reopening themselves, threatening NATO withdrawal.
Trump Administration imposes 100% tariffs on patented drug imports, with reduced 15% rate for EU. Tariffs effective in 4-6 months, with exemptions for companies relocating production to US.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.