Trump’s tariff retreat should lull nobody into dropping their guard. The EU must join forces with Canada, Japan and other like-minded countries

EU leaders would do well to meditate on the seminal lesson that the Canadian prime minister, Mark Carney, delivered at this year’s World Economic Forum.

In an incisive analysis of the new age of predatory great powers, where might is increasingly asserted as right, Carney not only accurately defined the coarsening of international relations as “a rupture, not a transition”. He also outlined how liberal democratic “middle powers” such as Canada – but also European countries – must build coalitions to counter coercion and defend as much as possible of the principles of territorial integrity, the rule of law, free trade, climate action and human rights. He spelled out a hedging strategy that Canada is already pursuing, diversifying its trade and supply chains and even opening its market to Chinese electric vehicles to counter Donald Trump’s tariffs on Canadian-made automobiles.

Paul Taylor is a senior visiting fellow at the European Policy Centre

Trump’s board of peace includes Putin, Netanyahu and Tony Blair. What on earth will it do? Julian Borger reports

Donald Trump promised to bring peace to Gaza. And part of that promise was the creation of a board of peace. For months it was unclear who would be on it, but now we know: Vladimir Putin and Benjamin Netanyahu, alongside billionaire businessmen and Tony Blair.

Apart from how Putin and Netanyahu – who have been accused of war crimes – can bring peace, there are other questions. The charter of the board makes no mention of Gaza. And there is apparently a price tag – if you want to stay on the board for more than three years, you must pay $1bn.

US justice department’s website shows the disgraced former CEO petitioned Donald Trump over fraud conviction

Theranos founder Elizabeth Holmes has asked Donald Trump to commute her sentence after she was convicted of defrauding investors in her now-defunct blood-testing startup that was once valued at $9bn, a notice on the US Department of Justice website showed.

The justice department’s office of the pardon attorney lists the status of her commutation request, which was made last year, as pending.

US president claims ‘framework’ of agreement in the works after ‘very productive’ meeting with Nato secretary general

Donald Trump has walked back his threat to impose sweeping US tariffs on eight European countries, claiming he had agreed “the framework of a future deal” on Greenland.

Four days after vowing to introduce steep import duties on a string of US allies over their support for Greenland’s continued status as an autonomous Danish territory, the president backed down.