1. Thousands of people were evacuated in Indonesia's capital Jakarta after floods swamped the region.
2. Trump has paused military aid to Ukraine, while the US is drawing up a plan to potentially give Russia sanctions relief.
3. Trump's new 25% tariffs on imports from Mexico and Canada took effect, along with a doubling of duties on Chinese goods to 20%.
4. China announced 10%-15% retaliatory levies on US agriculture exports and a ban on imports of genetic sequencers from US medical equipment maker Illumina.
5. The European Commission proposed new joint European Union borrowing of 150 billion euros to lend to EU governments for defense as part of an overall 800 billion financing effort to boost Europe's defense capabilities.
6. China plans to issue guidance to encourage the use of open-source RISC-V chips nationwide for the first time, as Beijing accelerates efforts to curb the country's dependence on Western-owned technology.