Major risks loom as Trump upends US-Russia policy - Five stories you need to know | Reuters

1. When Russian President Vladimir Putin launched his invasion of Ukraine nearly three years ago, then-U.S. President Joe Biden took a firm stand in solidarity with Kyiv, forged a bulwark of European allies and set veteran advisers to the task of isolating Moscow economically and diplomatically.

Washington's approach changed dramatically with Tuesday's initial meeting between U.S. and Russian negotiators.

2. A judge on Tuesday declined to immediately block Elon Musk's government efficiency department from directing firings of federal workers or accessing databases, but said the case raises questions about Musk's apparent unchecked authority as a top deputy to President Donald Trump.

3. U.S. President Donald Trump said on Tuesday he intends to impose auto tariffs "in the neighborhood of 25%" and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.

4. Israel and Hamas will begin indirect negotiations on a second stage of the Gaza ceasefire deal, officials said on Tuesday, as the Palestinian militant group said it would hand over more hostages, including the bodies of two children, this week.

5. British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, testing the Bank of England's confidence that price pressures will ease over the longer term. The BoE and economists polled by Reuters had expected inflation to rise by less, to 2.8%, after December's reading of 2.5%.

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#tariffs #autos #pharmaceuticals #chips #Israel #negotiations #Gaza #ceasefire #UK #inflation #bankofengland #News #Reuters #Newsfeed

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