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UK to relax electric car rules as US tariffs hit
The prime minister says measures will help the car industry but critics claim they are not enough.BBC News - 7h -
UK Eases Rules on EVs as Trump’s Auto Tariffs Hit
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.The New York Times - 8h -
EV targets watered down to help tariff-hit UK car industry
New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035Financial Times - 23h -
The Papers: Petrol car ban eased and US to 'press on' with tariffs
Sir Keir Starmer's bid to shelter the car industry from US tariffs is among stories leading the papers.BBC News - 17h -
I'll only sign US tariffs deal if it suits UK, says prime minister
The UK hopes to limit the impact of President Trump's tariffs in an economic agreement with the US.BBC News - 4h -
The Affordable Car Is About to Go Extinct in the US
As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car.Wired - 2d -
The limits of the UK-US ‘special relationship’
Britain lacks leverage in Trump tariff negotiations, with UK diplomatic and economic priorities looking increasingly EuropeanFinancial Times - 12h -
EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement
Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table. The EU has said it offered the US a “zero-for-zero” tariff deal on cars and ...The Guardian - 4h -
How PM might tackle impact of Trump tariffs
The BBC understands the PM is considering several options to mitigate the impact of US tariffs on the UK.BBC News - 1d -
GM reveals Corvette EV concept car as it reconfirms commitment to Europe
General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England.CNBC - 53m -
FirstFT: Global market rout over Trump tariffs continues
Also in today’s newsletter, UK to water down private equity rules and Marine Le Pen denounces “witch-hunt”Financial Times - 10h -
How Italy could decide the EU’s response to tariffs
The country will effectively have deciding vote on whether to hit back hard against US tariffsFinancial Times - 16h -
Apple's encryption row with UK should not be secret, court rules
The UK government sought to keep details of its row with Apple over requested access to its encrypted cloud storage tool private.BBC News - 7h -
Retaliation or restraint: how should Keir Starmer react to US tariffs?
Tit-for-tat levies on American goods may appeal to voters but would risk adding to UK’s economic headwinds. Keir Starmer has said he wants to shelter Britain from the storm of Donald Trump’s ...The Guardian - 15h -
Jaguar Land Rover to enact shipment pause to US in April as it develops post-tariff plans
The British maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as it works to mitigate the impact of a 25% tax on vehicle imports imposed by the Trump AdministrationABC News - 2d -
UK to dilute rules for smaller private equity firms and hedge funds
Government proposes lighter regulatory regime in push to encourage investmentFinancial Times - 10h -
UK government attempt to keep Apple challenge private rejected
Privacy rights campaigners welcome ruling by Investigatory Powers TribunalFinancial Times - 6h -
Duke men’s basketball player Khaman Maluach could be impacted by State Department ruling on South Sudan passport holders
Duke men’s basketball player Khaman Maluach is among those who could be impacted by the State Department’s ruling around South Sudanese passport holders in the US.Yahoo Sports - 8h -
China accuses US of bullying with tariffs
China is accusing the U.S. of bullying with tariffs imposed by President Trump and said Washington is pursuing the wrong approach in dealing with Beijing. The tariffs are "typical unilateral and ...The Hill - 8h -
Trump’s Tariffs: US vs China
President Trump ramps up the threat of a trade war with possible more tariffs on China.BBC News - 1h -
Greenpeace raises threat of new legal challenge to UK oil and gasfields
Developers will have to reapply for consent for Rosebank and Jackdaw projects after landmark Finch rulingFinancial Times - 16h -
The AI Race Has Gotten Crowded—and China Is Closing In on the US
New research from Stanford suggests artificial intelligence isn’t ruled by just OpenAI and Google, as competition increases across the US, China, and France.Wired - 10h -
Trump: Tariffs sparking investment in US
President Trump late Sunday defended his tariff plan amid recession fears, saying they are sparking investment in the United States. Trump spoke aboard Air Force One, where he said he was elected ...The Hill - 9h -
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.The New York Times - 2d -
Republican Plan to Kill California’s E.V. Policies Hits Senate Snag
The Trump administration asked Republicans in Congress to stop California’s ban on new gas-powered cars. The Senate parliamentarian said it wasn’t allowed.The New York Times - 2d -
Lyon's hopes of Champions League take a hit as Ernest Nuamah is ruled out until end of season
Lyon's hopes of qualifying for the Champions League have been dealt a blow with the news that Ernest Nuamah won't play again this season due to a serious knee injury. The seven-time French ...Yahoo Sports - 9h -
How Tariffs Are Hitting Digital Commerce Companies
These businesses, including e-commerce platforms and payment processors, are pulling back on public offering plans and bracing for pain.The New York Times - 2d -
Hedge funds hit with steep margin calls
Plus, Fink warns on protectionism, US junk bonds sell-off, and the Dolce Vita Orient ExpressFinancial Times - 15h -
Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live
US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’. Trump threatens additional 50% tariffs on China over retaliatory levies Volatility grips ...The Guardian - 36m -
Trump’s Tariffs Are Threatening the US Semiconductor Revival
While the White House carved out a narrow exemption for some semiconductor imports, President Donald Trump’s sweeping tariffs still apply to GPUs and chipmaking equipment.Wired - 2d -
In Canada’s Auto City, Tariffs Have Already Caused a Shutdown
Hours before the 25 percent tariff on cars made in Canada went into effect, the largest auto plant in Windsor, Ontario, announced it would close for two weeks.The New York Times - 2d -
Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.CNBC - 3h -
Economists take issue with Trump's tariff formula, arguing rate is inflated
The formula the Trump administration used to calculate his tariffs is bewildering economists.CNBC - 2d -
Ackman’s main fund drops 15% this year as he criticises Trump’s policies
Billionaire’s Pershing Square Holdings hit by US president’s trade warFinancial Times - 3h -
ECB expected to cut rates in April and June as tariffs threaten recession
Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UKFinancial Times - 4h -
Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.The New York Times - 16h -
US market plunges for second day after Trump’s sweeping tariffs
The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.NBC News - 3d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 3d -
China accuses US of unilateralism, protectionism and economic bullying with tariffs
China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete ...ABC News - 6h -
Trump’s Tariffs Hit a Sour Note at Landmark NYC Sweets Emporium
Price hikes to direct imports and packaging drive up costs at a New York Sity magnet for global candy fans.Inc. - 5h