Business & Markets — July 5, 2026

U.S. declines long-term USMCA renewal. The Trump administration blocked long-term renewal of the North American trade pact this week, placing the deal under annual reviews and adding fresh uncertainty to trade with Canada and Mexico.

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Trump discloses $1.2 billion in crypto income. President Trump's 927-page financial disclosure this week showed roughly $1.2 billion in crypto earnings last year, exceeding his real estate income, as Democrats prepared subpoenas over potential conflicts of interest.

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Google loses final EU antitrust appeal. Europe's top court this week dismissed Google's final appeal against a record $4.7 billion fine imposed in 2018 over Android practices, ending an eight-year legal battle.

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