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Recent Editions
Risk Channel
North America
The Trump administration would enact new tariffs almost immediately if the Supreme Court struck down sweeping global tariffs the president launched under an emergency law, U.S. Trade Representative Jamieson Greer had told the New York Times. He told the Times that the administration would “start the next day” to replace the tariffs with other levies, saying: “The reality is the president is going to have tariffs as part of his trade policy going forward.” Greer nevertheless expressed optimism that the Supreme Court, which is currently reviewing the president’s use of an emergency law that underpins most of his tariffs, would rule in the administration’s favor.
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Risk Channel
UK/Europe
The European Commission will later this month propose new rules to ensure investment decisions prioritise local companies, and key foreign investments are subjected to strict conditions around sharing technologies, hiring local workers and establishing joint ventures with European companies. The proposal aims to strengthen the resilience of the EU's supply chains and safeguard the bloc's single market and industrial capacity. The proposed conditions in the draft Industrial Accelerator Act, which Bloomberg says upends a free-trade philosophy that has governed decades of policy, will also introduce strict new rules on public procurement processes, including requirements for a minimum percentage of European-origin content in purchased products.
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