North America
US tariffs threaten commercial aerospace trade
The aerospace sector faces the prospect of markedly higher US tariffs after 45 years of relatively stable trading
Japan to bargain hard on US trade and could walk away
US refusal to cut auto tariffs, and Japanese reluctance to open up agriculture, narrow the ground for a deal
US chip curbs slow but do not stop China’s AI progress
US restrictions on advanced semiconductors have raised costs and delayed China’s progress, but have not prevented it
Mexico-US water deal will bring only temporary relief
Water pressures along the Mexico-US border look sure to rise, generating ongoing tensions over access
MexicoUK-US trade talks will try to extend the trade deal
UK-US talks delivered an initial trade deal yesterday, returning cars and steel to a 10% US tariff rate
United KingdomChina’s May trade will see greater tariff impacts
China’s exports rose by 8.1% in April, much more than expected thanks to greater intra-Asia trade
ChinaUS-born pope highlights Catholic role in US politics
Yesterday's election of a US-born pope highlights the role of Catholics as a political constituency in the United States
United StatesGenAI will be a growing threat to elections globally
The rapid rise of genAI commercialisation has sparked fears it could be misused by bad actors to sway election outcomes
InternationalThe Fed will want to wait and see for more months
The Fed left interest rates on hold but warned that the risk of higher inflation and unemployment is rising
United States