Trade

• The European Union announced new provisional tariffs on Chinese electric vehicle batteries and solar components Monday, citing unfair state subsidies and predatory pricing that undercut European manufacturers. • Beijing warned the tariffs violate World Trade Organization rules and threatened retaliatory measures on European agricultural imports, escalating trade friction between the two economic blocs. • U.S. officials expressed support for the EU's move, viewing it as necessary protection for clean energy industries while signaling potential alignment on China trade policy.

The singer’s company filed three applications on Friday after Matthew McConaughey launched similar strategyTaylor Swift has filed applications to trademark her voice and image in a move seemingly designed to protect against AI misuse.On 24 April, Swift’s company TAS Rights Management filed three trademark applications, Variety reports. Two of these are sound trademarks which cover Swift saying the phrases “Hey, it’s Taylor Swift” and “Hey, it’s Taylor.” Continue reading...

• The New Orleans Saints completed a trade acquiring a former top-10 draft pick, signaling aggressive roster building by the franchise. • The transaction represents the Saints' strategic approach to addressing roster needs during the offseason. • The move reflects New Orleans' commitment to competitive roster construction ahead of the upcoming NFL season.

Conservatives and former provincial premiers among those PM names to advisory committee on economic relationsCanada’s prime minister, Mark Carney, says his new advisory committee on economic relations with the United States will draw on the “best advice and the broadest perspectives” as the country braces what many expect will be tense trade negotiations with its southern neighbour.The 24-member advisory committee, announced on Tuesday, shows the prime minister’s eagerness to reach across the political spectrum to ensure Canada is “well positioned to advance its interests” at the looming trade talks. Continue reading...

• The New York Giants traded defensive tackle Dexter Lawrence to the Cincinnati Bengals in exchange for the No. 10 overall pick in the NFL Draft, less than two weeks after Lawrence requested a trade. • The deal gives the Giants two first-round picks, opening numerous draft options ahead of this week's selections. • This blockbuster move shakes up draft projections and bolsters Cincinnati's defensive line with Lawrence's elite talent.

US calls free-market capitalism ‘surest path to prosperity’ and seeks to forgo direct aid to developing countriesMiddle East crisis – live updatesThe Trump administration has moved to formally enlist foreign governments in a sweeping reorientation of global development policy, directing American diplomats worldwide to seek official support for a “trade over aid” declaration before its introduction at the United Nations later this month. This would mean a move away from direct aid to poor nations in favor of increased trade, led by private companies.Principal deputy spokesperson at the state department Tommy Pigott confirmed the initiative on Wednesday, framing it as a rejection of what he called a failed aid model. “The idea that trade and free market capitalism is the surest path to prosperity has been proven by the facts and by history,” Pigott said, adding that those calling for “aid not trade” were “really arguing for lining the pockets of a corrupt NGO industrial complex”. Continue reading...

President says he gave Britain ‘better deal than I had to’ but ally was ‘not there when we needed them’ on IranMiddle East crisis – live updatesBusiness live – latest updatesDonald Trump has threatened to row back on the trade deal the US signed with the UK last year, in his latest salvo against the British government over sharp differences about the US’s approach to the Middle East.The US president said the economic deal struck with the UK, which cut some of his tariffs on cars, aluminium and steel, was “better than I had to” and that it could “always be changed”. Continue reading...