Trump's Tariffs Trigger Republican Concerns, BlackRock Acquires Panama Ports Amid US-China Tensions, US Suspends Military Aid to Ukraine

Republican lawmakers express concerns over President Trump's tariffs on goods from Canada, Mexico, and China, citing potential economic harm. Senator Ron Johnson noted the stock market's negative reaction. The White House defends the tariffs, with Peter Navarro citing fentanyl crisis and Alina Habba pointing to unfair trade tactics. Businesses are expected to seek waivers. BlackRock leads a group to buy two ports near the Panama Canal from CK Hutchison for $19 billion. The Li family, owners of CK Hutchison, reportedly felt political pressure due to Trump's suggestions of Chinese influence over the canal's operation. The US has suspended military aid to Ukraine, including shipments en route and supplies stored in Poland. An expert estimates that the US previously supplied one-third of Ukraine's front-line needs, primarily equipment with factories and reserves in the US. Concerns arise about Ukraine's defense capabilities, particularly against ballistic missiles.

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