President Donald Trump warns the UK will face significant tariffs if the government does not drop its tax on technology companies.

Panama Canal transit fees reach $4 million as Strait of Hormuz closure forces global trade rerouting, according to the Panama Canal Authority.

The Panama Canal Authority reports that businesses are paying up to $4 million to transit the canal as the Strait of Hormuz remains effectively closed, causing significant shifts in global trade routes.

Iran grants Russia and other "friendly" nations fee exemptions for transit through the Strait of Hormuz, according to Iranian Ambassador to Moscow Kazem Jalali. The move follows earlier Iranian proposals to impose shipping tariffs in the waterway.

Iranian Ambassador to Moscow Kazem Jalali stated that Iran has granted fee exemptions for transit through the Strait of Hormuz to "friendly" countries, including Russia. This follows previous reports of Iranian plans to levy tariffs on shipping in the strait.

Chinese regulators plan to restrict technology firms from accepting US capital without government approval. The proposed policy would require official oversight for foreign investment deals involving domestic tech companies.

Chinese regulators are planning to implement new restrictions requiring government approval for technology firms seeking to accept capital from the United States.

BREAKING: China imposes export curbs on 7 European entities over arms sales to Taiwan. The move follows Beijing's ongoing opposition to foreign military support for the island. #China #Taiwan #Europe

China has imposed export restrictions on seven European entities, citing their involvement in arms sales to Taiwan.