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Updated 2 hours ago


Donald Trump said he would exempt the big three American carmakers—Ford, General Motors and Stellantis—from tariffs covering Canada and Mexico for one month. Their bosses had lobbied for the relief, and his spokeswoman said he is “happy to do it”. Analysts estimate that tariffs of 25% would wipe out the firms’ profits if they do not raise prices or alter production.


In another blow to Ukraine’s war effort, John Ratcliffe, the head of the CIA, said that America is stopping intelligence-sharing with Kyiv. Western intel had been used to help guide Ukrainian missiles towards targets in Russia. America suspended all military aid to Ukraine on Monday following last week’s row between Mr Trump and Volodymyr Zelensky at the White House.