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-
Europe must choose between America and China
In a multi-polar world, old certainties about the US security guarantee and access to markets no longer hold -
Lower US tariffs on UK exports unlikely to take effect for weeks, say British officials
Companies complain of uncertainty around trade deal and the plan to reduce levies on metals and cars -
UK economy grows faster than expected in first quarter
GDP expansion of 0.7% comes as economy faces impact from Donald Trump’s tariffs -
FirstFT: Hopes for Russia-Ukraine truce falter as Putin shuns Turkey talks
Also in today’s newsletter, UK-EU reset faces setback and record ‘reverse Yankee’ deals -
The papal call for debt relief that might not be needed
Low- and middle-income countries are performing surprisingly well despite Trump’s tariff wars -
Bonus: Globalisation can be slowed, but not stopped
Is US protectionism helping or hindering closer co-operation between other countries? -
WTO chief warns US bilateral tariff deals could put trade principle at risk
Comments from Ngozi Okonjo-Iweala highlight concern that pacts may undermine ‘most favoured nation’ equality concept -
Vietnam faces the heat over Chinese tariff ‘backdoor’ to US
Chinese exports to south-east Asia surge as producers reroute shipments to avoid Donald Trump’s levies -
FirstFT: Wall Street’s dramatic rebound catches big investors off-guard
Also in today’s newsletter, western carmakers risk wipeout in China, and Qatar orders up to 210 Boeing jets -
Plans to reset UK-EU relations hit trouble over fishing rights and youth mobility
Member states reject Brussels’ latest efforts to bridge gaps between the two sides -
Downfall in Davos: Klaus Schwab fights for legacy after WEF whistleblower claims
Ousted head of World Economic Forum battles impropriety allegations and second probe into his conduct in a year -
Toy group VTech to move production out of China despite tariff reprieve
Hong Kong-based group pushes ahead with plan to shift US-bound production and warns US consumers face higher prices -
Wall Street’s sudden rebound catches investors ‘offside’
Fund managers were positioning for a US economic downturn before America and China forged a trade pact -
FirstFT: Trump meets Syria president as US looks to normalise relations with Damascus
Also in today’s newsletter, Tesla board reviews Musk’s pay and the S&P 500 wipes out this year’s losses -
On inflation, no bad news is good news
And markets in a budget crises -
Exporters ‘shocked and elated’ as China trade cranks back into gear
Businesses fear agreement between Washington and Beijing to slash levies offers only temporary reprieve -
US warns against using Huawei chips ‘anywhere in the world’
Commerce department guidance aims to toughen export controls on tech used by China to make AI processors -
FirstFT: China hits out at US-UK trade deal
Also in today’s newsletter, EU set to raise tariffs on Ukraine and France’s Macron on nuclear deterrence -
US-China trade ceasefire to drive early Christmas stockpiling
Ports and shipping companies expect surge in demand as retailers take advantage of lower tariffs on Chinese imports -
EU set to impose much higher tariffs on Ukrainian imports
‘Transitional measures’ will apply as of June, when special measures lapse, if trade talks need more time -
Is the US finally on track to build a high-speed rail network?
via bbc.comThe US currently has no high-speed rail services, but two are under construction, and more planned. -
FirstFT: China criticises US-UK trade deal
Also in today’s newsletter, Trump hails US-Saudi Arabia relationship, and Nissan to cut 15 per cent of global jobs -
Not-so-bad news is the new good news
Moderate inflation and tariffs seem to lift markets -
China criticises UK trade deal with US
Security conditions in pact agreed by Trump and Starmer seen as targeting Beijing -
China attacks UK trade deal with US
Security conditions in pact agreed by Trump and Starmer seen as targeting Beijing -
US targets Britain’s pork, poultry and seafood markets
Agricultural sectors are ‘front of the line’ in ongoing trade talks, says Trump’s agriculture secretary -
'I can get my Christmas tree order' - firms give sigh of relief at tariff truce
via bbc.comBusinesses are moving ahead with shipments, as the deal to reduce tariffs raises hopes over the economic outlook. -
The challenge of using excess global savings
We now seem unable to turn the surplus in some countries into productive investment elsewhere -
Jaguar Land Rover profits defy vexed rebrand
US tariff uncertainty prompts luxury-car maker to hold back on giving profitability forecast -
US targets Britain’s pork, poultry and seafood market
Agricultural sectors are ‘front of the line’ in ongoing trade talks, says Trump’s culture secretary
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