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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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Recent Editions
Risk Channel
North America
The U.S. and Canada are facing an escalating trade dispute after last-minute negotiations collapsed, triggering 50% U.S. tariffs on $20bn of Canadian goods, equivalent to about 5% of Canada’s exports to the U.S. Canada has responded by announcing dollar-for-dollar retaliatory tariffs on U.S. products including steel, dairy and appliances from September 8th. The breakdown came despite the two sides appearing close to an agreement that could have reduced U.S. steel and aluminum tariffs from 50% to 25% and automotive tariffs from 25% to 15%. Canadian Prime Minister Mark Carney said Washington subsequently introduced unacceptable demands affecting areas including metals, automotive trade, Canadian cultural protections and the country’s ability to pursue trade agreements elsewhere, while U.S. Trade Representative Jamieson Greer blamed Canada for walking away and making new demands. The dispute threatens to further strain a bilateral trading relationship worth almost $900bn a year and raises questions over the future of the U.S.-Mexico-Canada Agreement. Canada had been prepared to make concessions, including removing retaliatory tariffs on U.S. autos, steel and aluminum, but Mr Carney said the final U.S. proposals offered too little while compromising Canadian sovereignty.
Full Issue
Risk Channel
UK/Europe
Volkswagen CEO Oliver Blume has described the company's situation as "more than critical" amid challenges from global competition and overproduction. In an interview posted on the company's intranet, he said that no decision had been taken on plant closures but reiterated the company's position that for plants in "Emden, Hannover, Zwickau and Neckarsulm we cannot currently see any way of them remaining profitable in the 2030s." Blume mentioned that at sites where car production may stop, Volkswagen was exploring other "industrial solutions," including partnerships with the defence sector. He urged employees to unite for the company's future, saying: "We will only be successful if everyone in the company supports this plan."
Full Issue
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