President Donald Trump launched an investigation on Thursday to determine whether Chinese and other foreign-made steel threatens U.S. national security, raising the possibility of new tariffs and triggering a rally in U.S. steel stocks. Source Reuters
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A U.S. warship carried out a “maneuvering drill” when it sailed within 12 nautical miles of an artificial island built up by China in the South China Sea, to show Beijing it was not entitled to a territorial sea around it, U.S. officials said on Thursday. Source Reuters
US President Donald Trump has once again urged NATO members to pay more, saying 2 percent of GDP was the miniumum. Earlier, EU officials seemed assured that Trump had reversed some of his criticism of the bloc. Source Deutsche Welle
Chancellor Angela Merkel gave her strongest signal yet that she’ll pull German troops out of Turkey unless President Recep Tayyip Erdogan lets lawmakers in Berlin visit them, further cracking a show of unity at a NATO summit. Source Bloomberg