Highlights:

• Australia's Albanese Rejects Immigration Cuts as Far-Right Grows — Prime Minister Anthony Albanese dismissed immigration cuts or tighter border checks despite rising electoral support for the hard-right One Nation Party. Bloomberg Politics

• Trump Threatens Netflix With 'Consequences' Over Rice Board Seat — President Trump called on Netflix to remove board member Susan Rice after she stated Democrats would take action against corporations that "take a knee" to the president. Bloomberg Politics

• Trump Pulls Endorsement of Colorado Republican Over Tariff Votes — Trump withdrew his endorsement of US Representative Jeff Hurd after the Colorado Republican voted against the president's tariffs. Bloomberg Politics

• Trump Approves FEMA Role in Repair of Collapsed DC Sewer Pipe — FEMA is assisting Washington, D.C. with cleanup and repairs following a sewer line collapse that discharged raw sewage into the Potomac River. Bloomberg Politics

• Germany Is About to Find Out Whether Its Recovery Is Real — Upcoming German economic data will indicate whether Europe's largest economy is experiencing meaningful revival or remains constrained by Trump's tariffs and structural challenges. Bloomberg Economics

• Supreme Court Draws a Line With Trump by Curbing Tariff Powers — The US Supreme Court limited President Trump's tariff authority. Bloomberg Politics

• Trump Boosts New Tariff Rate to 15% a Day After Announcing 10% — Trump increased the global tariff from 10% to 15% one day after the initial announcement, following the Supreme Court's ruling that his preferred tariff mechanism was illegal. Bloomberg Economics

• Merz's CDU Calls for Age Restrictions on Social Media Networks — Germany's Chancellor Friedrich Merz's CDU party proposed banning social media use for minors, a move that could strain US digital services relations ahead of a Trump meeting. Bloomberg Politics

• Here's How Governments Are Reacting After Trump's Tariff Changes — See source link. Bloomberg Economics

• Trump's Treasured Negotiating Edge Dulled By Tariff Defeat — The Supreme Court's tariff ruling diminished President Trump's primary leverage mechanism with other countries. Bloomberg Politics