1. US President Donald Trump and British Prime Minister Keir Starmer signed a trade agreement at the Group of Seven summit in Canada on Monday. The deal was reached following bilateral negotiations on US tariffs in May. It includes increased access to British markets for US exports and the United Kingdom’s reduction or elimination of non-tariff barriers against the United States.
2. US media report the government’s “golden share” in US Steel after it’s acquired by Nippon Steel will give the White House significant sway over the company’s management. The New York Times and The Associated Press say the government will have the authority to appoint one of US Steel’s three independent board members. It will also have the right to approve or reject the other two appointments.
3. The Japanese government has set the details of a new system of fines for cyclists guilty of relatively minor traffic violations. The new regulations will come into effect on April 1 of next year. A revision to the Road Traffic Act enacted last year introduces so-called “blue ticket” fines for minor traffic violations. Cyclists issued such tickets by police can avoid indictment by paying a fine.