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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
The UK’s position as a financial services leader is under threat, with a poll from the CRIF showing that almost half of senior financial professionals believe the UK’s dominance is declining and more than 40% would no longer consider the country a global leader in the industry. Over 30% of those polled said missed investment was driving the downturn. Analysis from KPMG shows that fintech investment fell by 27% to £7.9bn in 2024, from £10.1bn in 2023. Sara Costantini, regional director for the UK & Ireland at the CRIF, warned: "Without decisive action, new markets will continue to catch-up with and challenge London’s long-held crown as a leader in financial services."
Full Issue