Good morning. A week after one of America’s largest self-driving truck companies promised the U.S. government it would stop sharing sensitive technology with Chinese partners, TuSimple transferred a trove of data to a Beijing-owned firm.

“They want a lot of details,” Xiaoling Han, a U.S.-based TuSimple Holdings employee, said to a colleague. A leading Chinese commercial-truck manufacturer, Foton, sought the data from TuSimple’s many test drives around Texas.

The story of TuSimple’s technology transfer and the political imbroglio that followed laid bare the weaknesses in U.S. laws aimed at facilitating foreign investment while protecting American know-how. It is now informing a transformation of how the U.S. polices companies with Chinese ties.

In February, President Trump told his administration to stop using a particular type of agreement intended to monitor the behavior of risky companies. That is in part because his advisers had been so frustrated by the scope of intellectual property TuSimple was able to export to China, people familiar with the matter said.

Some officials now believe the U.S. has erred in trusting Chinese entities to abide by such agreements, and should be more willing to block China-backed business deals outright.

Over 800 U.K. lawyers urge sanctions on Israel over Gaza.

More than 800 legal professionals have called on U.K. Prime Minister Keir Starmer to impose sanctions on Israel and suspend trade agreements over what they called the “worsening catastrophe” in Gaza.

In a letter supported by a 35-page legal memorandum, the legal professionals, including former U.K. Supreme Court justices and barristers, said Israel’s actions in the Palestinian region constitute “serious violations of international law.” The lawyers also called for immediate sanctions on Israeli officials.

• ICC Top Prosecutor Was Preparing Arrest Warrants for Far-Right Israeli Politicians

U.S. to grant Chevron license to preserve oil assets in Venezuela.

The Trump administration is set to grant Chevron a narrow license to preserve its oil-producing assets in Venezuela after the company’s Biden-era waiver to pump oil there expires Tuesday, according to people familiar with the matter.

Chevron would be able to maintain key infrastructure in Venezuela but would be barred from importing oil from the South American country. The license would mitigate the risk of a seizure by Venezuela of Chevron’s assets and allow the company to quickly resume operations in the event of a thaw in relations between the countries.

• The Supreme Court cleared a major obstacle for a giant copper project in Arizona being developed by the world’s two most valuable mining companies, declining to review a case from a coalition of Native American people, religious groups and others who say the planned mine will destroy a sacred site.
   
• Amended legislation in the U.K. intended to strengthen sanctions enforcement will enter into force on June 26.
   
• U.K. water provider Thames Water was fined 122.7 million pounds ($165.7 million) by regulator Ofwat after a probe into its wastewater treatment and dividend payments.
   
• The European Union set out plans to slash regulation and set up a special fund to attract tech startups as the bloc plays catchup with the U.S. on financing and innovation.
   
• The Spanish government plans an additional review of Banco Bilbao Vizcaya Argentaria’s hostile bid for smaller peer Banco de Sabadell, drawing out the yearlong takeover battle further.

Trump says Putin is ‘playing with fire.’

President Trump expressed renewed frustrations with Russian President Vladimir Putin, saying the Russian leader was “playing with fire” as peace talks with Ukraine have sputtered.

“President Trump has been clear he wants to see a negotiated peace deal. President Trump has also smartly kept all options on the table,” White House press secretary Karoline Leavitt said in a statement.

Sen. Chuck Grassley (R., Iowa) wrote on Tuesday on X that he thought Trump was sincere in thinking his friendship with Putin would end the war. Now, he added, it was time for sanctions strong enough that the Russian leader “KNOWS ‘game over.’”

• Putin Has Retooled Russia’s Economy to Focus Only on War

Lagging confidence in dollar offers chance to raise euro’s profile, Lagarde says.

Europe must maintain a steadfast commitment to open trade and bolster its legal and institutional foundations to raise the profile of the euro currency as confidence in the dominance of the U.S. dollar wanes, according to European Central Bank President Christine Lagarde.

“We should make clear that we support a win-win approach to trade, ensuring that we are the most attractive partner to make deals with,” Lagarde said in a speech in Berlin.

Lagarde also flagged her support for increased defense spending to support the euro.

• President Trump’s “Golden Dome” plan has riled the three countries whose weapons technology poses the greatest threat to American territory, with China, Russia and North Korea claiming the missile-defense project is driving a dangerous new arms race.
   
• Canadian Prime Minister Mark Carney said officials in Ottawa and Washington are engaged in intensive negotiations on a new bilateral economic-and-security deal, and it’s neither in President Trump’s or his interest to let talks drag on through the fall.
   
• The Reserve Bank of New Zealand cut interest rates further Wednesday in a bid to stoke an economic recovery that some economists are warning is under threat.
   
• Germany’s unemployment numbers rose this month, as major firms intensify plans to rejig their workforces in an uncertain economic environment.

• A federal judge on Tuesday struck down President Trump’s executive order against the law firm WilmerHale, adding to a drumbeat of decisions that have rebuffed the White House campaign against the legal industry as unconstitutional.
   
• Tesla’s sales in the European Union slumped for a fourth consecutive month as Elon Musk’s electric-vehicle maker struggles to cash in on a growing EV market in the bloc where Chinese rivals are expanding.
   
• King Charles III delivered a subtle message to President Trump in Canada’s Parliament: The country already has a king.
   
• A growing number of states are rolling out subsidies for satellite connectivity in rural areas, a change that could be a boon to Elon Musk’s Starlink and another nascent service from Amazon.
   
• The French Open is drawing a line in the sand over robot umpires.

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