The US's largest political donor plans to cut back

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Elon Musk, the US’s largest political donor, plans to cut back on political spending after giving more than $250m on Trump’s 2024 presidential campaign. What will that mean for his businesses like Tesla, X and SpaceX? In the EU, there are plans for a €2 fee on cheap parcels from China, hitting companies like Temu and Shein. Over in Canada, the recently re-elected Liberal government says it won't release a federal budget this year.