British Prime Minster Theresa May arrives at the Council of the European Union. Photo: Jack Taylor / Getty Images

The E.U. has directly accused Russia of poisoning ex-spy Sergei Skripal with a nerve agent on British soil in a show of support for the U.K., the Financial Times reports.

Why it matters: Prime Minister Theresa May had called for a strong response from Europe, and this will certainly increase the international pressure on Moscow. Per the FT, Lithuanian president Dalia Grybauskaitė said many E.U. countries could be taking further measures against the Kremlin, which has denied responsibility.

  • The leaders of E.U. nations declared that they "agreed with the U.K. government’s assessment that it was highly likely that Russia was responsible.”
  • Grybauskaitė said: "I think that national measures will be applied already starting next week," per the FT.

Go deeper on the poisoning.

Go deeper

Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.