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Recent Editions

Risk Channel
North America
President Trump has announced a 50% tariff on U.S. copper imports and Brazilian goods starting August 1, citing national security. He linked Brazil's tariff hike to political grievances with President Lula. Trump also revealed duties on 21 other nations and warned the EU of pending rates. The copper tariff led to a rush for imports before enforcement. Former U.S. trade official Brad Setser warned: “This shows the danger of having tariffs that are under the unilateral control of one man.” EU talks aim to avert further escalation, with possible auto sector protections under discussion. Meanwhile, Bloomberg looks at how tariffs are leaving small businesses dazed as they bear the brunt of the impact.
Full Issue
Risk Channel
UK/Europe
Google has struck a deal with the UK Government to provide free technology and training for civil servants, raising concerns about the security of UK data on US servers. The agreement, which aims to modernise public services, has been described as "dangerously naive" by Martha Dark, co-executive director of Foxglove. She questioned how the Government could hold US tech giants accountable after granting them access to sensitive data. Peter Kyle, the secretary of state for science and technology, stressed the importance of collaboration with Google, stating that, "wherever possible, UK technology companies—large and small—[will] get a fair shot" at public contracts. However, critics warn that this partnership could lead to dependency on major tech firms and compromise the UK's digital sovereignty.
Full Issue