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Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World -
Post-Brexit border system hit by delays and IT glitches, watchdog says
UK project faces ‘major challenges’ as costs spiral, National Audit Office warnsFinancial Times - Business -
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO
Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’. The government expects to have spent at least £4.7bn on introducing post-Brexit border controls, which have been repeatedly hit by delays, the ...The Guardian - World - United Kingdom -
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A misguided move on Chinese tariffs
New Biden levies on Beijing undermine the global economy and the climate transitionFinancial Times - World -
How Companies Dodge Tariffs
Protectionist trade policies are popular on both the left and right. But some economists say they’re likely to backfire.The New York Times - Business -
Not all American tariffs are created equal
Unlike Trump’s policies, the Biden trade strategy aims to build domestic industrial capacity and could be good for US alliesFinancial Times - Business -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
What do Biden's tariffs mean for the energy transition?
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story New tariffs could slow climate tech adoption As the Biden administration slaps new import tariffs on a range of metals and ...The Hill - Politics - Joe Biden -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
Biden's Chinese EV tariffs don't address lingering national security concerns
The 100% Chinese EV tariffs are meant to head off economic risks, but some Democrats say Chinese EVs should be banned entirely for security reasons.CBS News - Top stories - Joe Biden -
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.The New York Times - Top stories - China -
Beyond tariffs, US economic strength is key to containing China
By leveraging its economic strength and showing unwavering determination, the U.S. can reestablish its prestige, deterring and inhibiting the CCP from challenging Taiwan or the global order.The Hill - Politics - China -
Why Biden's China tariffs could hurt his climate agenda
As President Biden strives to prove his pro-manufacturing and anti-China credentials ahead of his likely election rematch with former President Trump, his far-reaching climate agenda could pay a price. Biden this past week hiked tariffs on ...The Hill - Politics -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden -
U.S. Tariffs Close Off the Easiest Route to Affordable EVs
A new 25% tariff on Chinese EV batteries and parts could hit Tesla and Ford’s cheapest electric vehicles.The Wall Street Journal - World -
I love being a pharmacist, but the UK’s drug shortage makes me want to give up – and Brexit makes it worse | Mike Hewitson
Telling patients I can’t get their life-saving medication is awful. The government must act to prevent a real tragedy. Mike Hewitson owns a pharmacy in west DorsetFor the past 16 years, I have run a small community pharmacy in rural west Dorset. ...The Guardian - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.BBC News - Top stories -
TikTok says it's testing letting users post 60-minute videos
TikTok is allowing select users to upload longer-form videos as the social media app looks to compete with YouTube.CBS News - Top stories - Tiktok -
French post office releases scratch-and-sniff baguette stamp
‘Bakery scent’ added via microcapsules to postage stamp celebrating ‘jewel of French culture’. The French Post Office has released a scratch-and-sniff postage stamp to celebrate the baguette, once described by President Emmanuel Macron as “250 ...The Guardian - World - France -
Crozier’s claim he was unaware of Post Office scandal undermined by letters
Newly found correspondence includes a 2009 email from Jeremy Hunt raising constituents’ concerns about HorizonFinancial Times - Business -
Israel war cabinet minister vows to quit if there is no post-war plan for Gaza
Recent weeks have seen an increasingly public rift over how Gaza should be governed after the war.BBC News - Top stories - Israel -
‘Free Scottie!’: Scheffler rebounds to post a spectacular closing round at PGA Championship
Scottie Scheffler bounced back with a stellar 6-under round to close out his very weird PGA Championship.Yahoo Sports - Sports -
College football post-spring Top 25 Power Rankings
How does the Top 25 look following spring practice and another transfer period?ESPN - Sports - College Football -
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.
The Biden administration this week slapped stiff tariffs on Chinese electric vehicles, as well as batteries and battery parts from China.MarketWatch - Business - China -
ICC Prosecutor Seeks Arrest Warrants for Netanyahu, Hamas Leader Sinwar
The International Criminal Court’s prosecutor said there were grounds to believe the men bore responsibility for war crimes and crimes against humanity.The Wall Street Journal - World -
Neuralink Gets FDA Green Light for Second Patient
Elon Musk-backed startup has proposed solutions for a thread pullout problem experienced by its first participant, Noland Arbaugh.The Wall Street Journal - World -
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U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Chinese social media companies remove posts ‘showing off wealth and worshipping money’
Targeting posts boasting of personal wealth appears to be part of campaign to ‘purify the internet cultural environment’. Chinese social media companies have launched a new crackdown on user content, targeting posts that show off personal wealth ...The Guardian - World -
Missouri AG demands documents from K.C. mayor after X account post about Chiefs kicker Harrison Butker
The attorney general of Missouri is demanding information about the circumstances of a post shared on the X social media platform by the official city of Kansas City account that stated Chiefs kicker Harrison Butker's city of residence.NBC News - Top stories - NFL