Global trade tensions are back at the center of the business agenda, with Washington proposing sweeping new tariffs of 10% or more on dozens of partners after a forced-labour probe, including a 12.5% duty on goods from India and Australia. For India, the move opens a new front in already delicate trade talks, as officials weigh engagement with the U.S. against calls to challenge what some analysts see as an overreach of Section 301. Australia, meanwhile, faces similarly broad exposure, though key sector impacts remain unclear. Elsewhere, investors got a snapshot of market sentiment as fresh short-interest rankings highlighted where traders are most aggressively betting against stocks across technology, finance, energy and consumer names. And in resources, Ardea Resources delayed the definitive feasibility study for its Kalgoorlie nickel-cobalt project, opting to refine the economics before taking the next development step.