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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
White House expected to narrow 'Liberation Day' tariffs

The White House is narrowing its approach to tariffs set to take effect on April 2nd, dubbed "Liberation Day" by President Donald Trump, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S. There had been plans to announce reciprocal tariffs that seek to equalize U.S. tariffs with the duties charged by trading partners, as well as tariffs on sectors like automobiles, pharmaceuticals and semiconductors. However, the Wall Street Journal cites an administration official who says those sector-specific tariffs are now unlikely to be announced on April 2nd. The official added that the White House is still planning to unveil the reciprocal tariff action on that day, though planning remains fluid. The fate of the sectoral tariffs, as well as tariffs on Canada and Mexico that Trump said were justified by fentanyl trafficking, remains uncertain. 

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Risk Channel
UK/Europe
NESO to probe Heathrow outage

Energy Secretary Ed Miliband has ordered an urgent investigation into the power outage that caused the closure of Heathrow Airport on Friday. The outage, which came after a fire at a substation that supplies power to the airport, saw thousands of flights cancelled. The Department for Energy Security and Net Zero said the investigation, which will be led by the National Energy System Operator (NESO), will build a "clear picture" of the incident and help to prevent it "from ever happening again." Miliband said officials are “determined to properly understand what happened and what lessons need to be learned.” NESO, which operates Britain's electricity grid, is expected to report its initial findings to power regulator Ofgem and the government in six weeks. Speaking to the FT, National Grid chief executive John Pettigrew says Heathrow had "enough power" despite the fire shutdown. Meanwhile, Heathrow has announced that former Transport Secretary Ruth Kelly will review the airport's response to the power outage and its crisis management plans.

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