Economy news

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• Falling petrol prices push UK inflation down

  16-04-2025 12:26 via bbc.com
  
  Inflation falls in the year to March as the price of petrol drops.
  
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• UK closes in on US trade pact with lower tariff quotas for cars and steel

  06-05-2025 20:01
  London to offer concessions on digital services tax in deal that could be agreed this week
  
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• Mark Carney tells Donald Trump Canada is ‘not for sale’

  06-05-2025 19:03
  
  US president tells his Canadian counterpart, ‘never say never’
  
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• Carney tells Trump Canada is ‘not for sale’

  06-05-2025 19:03
  
  Tensions likely to persist despite mostly convivial meeting between Canadian prime minister and US president
  
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• UK and India agree trade deal after three years of talks

  06-05-2025 18:25 via bbc.com
  
  The deal will improve access for UK whisky and cars to the Indian market, and cut taxes on India's clothing and footwear exports.
  
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• The old global economic order is dead

  06-05-2025 18:05
  China and others must think afresh as the US steps away from its role as balancer of last resort
  
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• EU’s Russia sanctions to target companies in Vietnam and Turkey

  06-05-2025 17:40
  
  Bloc’s latest package of measures targets more than 20 businesses it accuses of helping Moscow evade restrictions
  
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• UK and India strike trade deal after three years of talks

  06-05-2025 16:27
  
  Negotiations were accelerated after Donald Trump imposed global tariffs last month
  
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• Ferrari supercar demand in US remains ‘hot’ despite higher prices

  06-05-2025 16:04
  
  Italian group’s chief says order book has not weakened despite price increases of up to 10% on some models
  
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• UK and India have struck trade deal, Modi says

  06-05-2025 15:04
  
  Negotiations accelerated after Trump’s imposition of global US tariffs
  
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• Trump’s trade war has its Hollywood moment

  06-05-2025 15:00
  
  Also in today’s newsletter, how corporate America lobbied against the president’s tariffs
  
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• We should not believe consumers who say they’ve got the blues

  06-05-2025 13:30
  Surveys of consumer sentiment tell us something, but no longer much about economics
  
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• Why Britain lacks leverage in tariff talks with the US

  06-05-2025 13:00
  Asymmetry in trade relationship suggests Trump has the upper hand in negotiations
  
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• FirstFT: OpenAI abandons for-profit plan

  06-05-2025 12:26
  Also in today’s newsletter, Merz’s succession thrown into doubt, and China positions as a ‘champion of globalisation’
  
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• Countries must do more to address life-expectancy gap, WHO says

  06-05-2025 09:00
  
  Progress on narrowing gulf between best and worst performers has fallen short of targets
  
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• China won’t be a big winner from Trump’s policies in Latin America

  06-05-2025 07:34
  Region has little appetite and little chance of boosting links with Beijing further
  
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• China will not be a big winner from Trump’s policies in Latin America

  06-05-2025 07:34
  
  Region has little appetite and little chance of boosting links with Beijing further
  
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• The man with the plan to end Europe’s Russian gas addiction

  06-05-2025 07:00
  Also in this newsletter: Germany, France and the Netherlands urged to clear way for new border checks
  
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• FirstFT: Multinationals count costs of US-China trade war

  06-05-2025 06:33
  Also in today’s newsletter, OpenAI ditches restructuring plan and investors flock to European defence tech
  
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• ‘Made in China’ airliner faces trade turbulence

  06-05-2025 06:00
  C919 jet’s reliance on US suppliers puts at risk China’s ambitions to take on Boeing and Airbus
  
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• ‘Into the lion’s den’: Carney’s high-stakes meeting with Trump

  06-05-2025 06:00
  Canada’s newly elected prime minister heads to Washington for talks as spectre of separatism looms at home
  
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• European and UK companies lay bare the pain from Trump’s trade war

  06-05-2025 06:00
  Executives warn about the challenges facing businesses and the destabilising effect of prolonged uncertainty
  
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• European and Asian carmakers face steep shipping costs to US on top of tariffs

  06-05-2025 06:00
  
  Trump’s new port fee policy threatens to wreak havoc on the $150bn American seaborne car import market
  
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• Chinese exporters undervalue cargo to skirt Trump tariffs

  06-05-2025 06:00
  
  Suppliers to small US businesses claim to reduce costs of duties in fraud that is difficult to police
  
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• China’s diplomatic charm offensive

  06-05-2025 06:00
  Leaders are touring the world both to push back against US influence and also to shore up its export markets as its trade surplus rises
  
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• Carney faces trade challenges in crucial meeting with Trump

  06-05-2025 06:00
  Newly elected prime minister heads to Washington for talks as spectre of separatism looms at home
  
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• BoE expected to cut rates as US trade war hits growth

  06-05-2025 06:00
  Announcement on Thursday comes as concern mounts over impact of Trump tariffs on global economy
  
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• No quick fix for trade rift between China and US

  06-05-2025 01:01
  A deal could lower tariffs’ current prohibitive levels but they will still probably be meaningfully higher than at the start of the year
  
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• FirstFT: OpenAI abandons plans to convert into a for-profit company

  05-05-2025 23:54
  Also in today’s newsletter, Taiwan dollar surges, and film industry reels over Trump’s tariff threats
  
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• Ford expects $1.5bn profit hit from Trump tariffs

  05-05-2025 22:58
  Carmaker withdraws financial guidance and warns of potential of US’s policies to cause industry-wide disruption
  
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