US Rejects IMO Call for Emissions Penalties on Shipping
The United States rejected a proposal by a U.N. agency to impose emissions penalties on the international shipping industry, with President Donald Trump calling it “a global Carbon Tax” in a post on Truth Social, and he called on countries to vote against it.Trump further wrote, “We will not tolerate increased prices on American Consumers or, the creation of a Green New Scam Bureaucracy.”

John Bolton Faces Espionage Charges
John Bolton, former national security advisor to Trump during his first term, pleaded not guilty on Oct. 17 to charges of retaining classified information.Bolton is facing 18 charges of sharing and retaining sensitive information under the Espionage Act, which were filed in the U.S. District Court for the District of Maryland on Oct. 16.
These include transferring top-secret information using personal email accounts and retaining classified documents at his home.
He served as Trump’s national security adviser during his first term from April 2018 until September 2019.

US Imposes 25 Percent Tariff on Medium and Heavy Trucks
The United States is imposing a 25 percent tariff on medium and heavy truck imports starting Nov. 1.A 10 percent levy is also being placed on buses, which includes “school buses, transit buses, and motor coaches.”
Mexico is the largest exporter of medium and heavy trucks to the United States, exporting around $15.4 billion worth of goods in 2024, with Canada next at $4.2 billion, followed by Japan with $550 million.

US Government Shutdown Continues
The United States government is now in its third week of shutdown as the Senate rejected a vote on a Republican-backed funding bill for the 10th time on Oct. 16.The government shut down on Oct. 1, over disagreements on the annual budget. To open again, the Republican majority Congress is dependent on Democratic votes, who are unwilling to come to the table due to disagreements over health care subsidies that are set to expire in 2026.
Republicans say that is a separate issue from the annual budget.
House Speaker Mike Johnson (R-La.), on Oct. 13, expressed his concern to reporters at the Capitol.
“We’re barreling toward one of the longest shutdowns in American history,” he said.






