China's Sichuan province experienced a 5.2-magnitude earthquake amidst a flurry of major international trade policy updates and shifting tariffs.

The US and Canada have entered an outright trade war after President Trump imposed 50% tariffs on $20bn of Canadian goods following a breakdown in Washington negotiations.

President Trump has signed proclamations imposing 50 percent duties on a wide range of Canadian imports, marking a significant escalation in trade tensions. The move, invoking the Tariff Act of 1930, affects $20 billion in goods and impacts ongoing USMCA-related discussions.