Trump has signed the Graham sanctions bill, targeting Russian energy buyers and sanctions evasion with implications for UK and EU markets.
Friedrich Merz says unconditional transatlantic friendship may be over, framing US tensions as a strategic opening for Germany and Europe.
Canada is negotiating to join the EU's €90bn Ukraine loan, a move with implications for Britain, EU financing and transatlantic trade.
Russia's closure of the Azov-Don Canal after drone attacks disrupts key grain export routes, impacting UK and EU markets and causing wheat prices to surge.
Rising US tariffs on EU automobiles threaten German growth, risking recession and causing sterling volatility amid trade tensions impacting UK and European markets.