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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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Risk Channel
North America
Forced labor is the new target in Trump’s trade war

President Trump’s Office of the U.S. Trade Representative (USTR) is proposing new tariffs of up to 12.5% on 59 countries and the European Union based on an investigation into forced labor under Section 301 of the Trade Act of 1974. The USTR claims there has been widespread failure to restrict the importation of goods produced by forced labor, a practice that affects an estimated 27.6 million men, women, and children victims of the practice daily, and which generates $236bn in illegal profits annually. Legal experts say the unilateral imposition of tariffs against 60 economies at once is unprecedented, and CNBC reports that trade and labor authorities say the USTR's investigation was executed in short order, and is likely to meet significant legal challenges - including that the U.S. has itself struggled like most countries to crack down on the pervasive issue.

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Risk Channel
UK/Europe
UK government unsure on which regulatory interventions to prioritise, PAC warns

Lawmakers on the UK's Public Accounts Committee have criticised the government for lacking a solid plan to reduce red tape by £5.6bn. The cross-party committee's report says that the Government cannot define its growth targets, making it impossible to measure success. It adds that ministers did "not have a grasp on which regulatory interventions they should prioritise to achieve the administrative burden reduction target." The committee says some watchdogs might be required to merge in a bid to minimise the administrative costs of businesses that are having to "co-operate with multiple regulators."

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