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• FirstFT: Donald Trump’s tariff blitz hits ‘Factory Asia’ hard

  04-04-2025 00:03
  Also in today’s newsletter, Fitch downgrades China’s sovereign debt, and Samsung turns to China
  
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• FirstFT: India downgrades relations with Pakistan

  23-04-2025 23:57
  Also in today’s newsletter, Trump criticises Ukraine over peace talks, and the Treasury secretary’s remarks on the US-China trade war
  
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• Trump to exempt carmakers from some US tariffs

  23-04-2025 22:17
  
  President’s latest retreat follows intense lobbying by industry executives
  
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• China to lift sanctions on MEPs in bid to revive trade deal with EU

  23-04-2025 20:25
  
  Beijing steps up efforts to woo Brussels as 145% tariffs imposed by the US seal off its biggest market
  
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• Bessent warns mutual de-escalation required in US-China trade war

  23-04-2025 19:49
  
  Treasury secretary denies reports Washington will make unilateral cuts to tariffs
  
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• Reeves opens door to cutting US car import tariffs in UK trade talks

  23-04-2025 19:11
  
  Chancellor says a deal ‘can be done’ with Washington but insists Britain will not lower food or auto standards
  
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• UK toys with ending low value import scheme over ‘dumping’ of goods

  23-04-2025 19:00
  
  Review part of package of measures aimed at guarding against Chinese products being diverted to Britain
  
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• UK examines ending low value import scheme over ‘dumping’ of goods

  23-04-2025 19:00
  
  Review part of package of measures aimed at guarding against Chinese products being diverted to Britain
  
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• Boeing prepared to redirect orders destined for Chinese carriers

  23-04-2025 18:43
  
  CEO warns US aerospace group is ‘not going to continue to build aeroplanes for customers who are not going to take them’
  
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• Trump and the art of the retreat

  23-04-2025 18:05
  
  Reputational damage to the Fed and US assets will not be easily reversed
  
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• Bessent accuses IMF and World Bank of ‘mission creep’

  23-04-2025 16:27
  
  US Treasury secretary calls for reform but stops short of pulling out of the global institutions
  
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• Jane Street trading revenues nearly doubled in 2024 to more than $20bn

  23-04-2025 16:19
  
  Secretive US firm continued to make inroads into business once dominated by Wall Street heavyweights
  
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• Trump tariffs risk driving public debt to postwar high, says IMF

  23-04-2025 15:00
  
  Fund warns global government debt could reach 117% of output by 2027 or worse if trade tensions intensify
  
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• IMF predicts Trump tariffs could drive public debt to postwar high

  23-04-2025 15:00
  
  Fund warns global government debt could reach 117% of output by 2027 or worse if trade tensions intensify
  
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• Branson slams Trump’s ‘erratic’ tariffs

  23-04-2025 14:26
  
  Billionaire founder of Virgin Group speaks out against potential damage of US economic policies
  
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• Eurozone business confidence plunges over US trade war

  23-04-2025 11:34
  
  Optimism falls to lowest level since November 2022, pushing economy to brink of stagnation
  
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• UK government borrowing soars as private sector activity contracts at fastest rate for 2 years

  23-04-2025 11:14
  
  Overshoot of £15bn in public sector borrowing puts pressure on Reeves to raise taxes as PMI figures indicate falling business confidence
  
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• Subscriber webinar: what the US-China showdown means for the world

  23-04-2025 11:13
  
  Join an FT webinar for subscribers on May 28 2025 1200 BST
  
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• Mercedes chief warns EU and US tariffs fuel highest ‘complexity’ in three decades

  23-04-2025 10:57
  
  China’s biggest car show hears German group’s ability ‘to import and export in all directions’ is affected
  
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• Mercedes-Benz chief warns tariffs fuel highest ‘complexity’ in three decades

  23-04-2025 10:57
  
  China’s biggest car show hears German group’s ability ‘to import and export in all directions’ is affected
  
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• UK government borrows £15bn more than expected

  23-04-2025 10:54
  
  Figures for last fiscal year deal setback to chancellor as economy faces impact of Trump’s tariffs
  
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• Bessent says US and China need to de-escalate trade war

  23-04-2025 10:21
  
  Treasury secretary tempers optimism over negotiations with Beijing, saying it would ‘be a slog’
  
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• UK government borrowing exceeds expectations in last fiscal year

  23-04-2025 08:13
  Figures deal blow to chancellor as Trump tariffs hit economy
  
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• A crucial earnings season

  23-04-2025 07:30
  And more on inflation expectations
  
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• Trump says he has ‘no intention’ of firing Jay Powell

  23-04-2025 06:29
  Markets and dollar rise after US president eases pressure on Fed chair
  
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• FirstFT: Markets rise after Trump says he has ‘no intention’ of firing Powell

  23-04-2025 06:29
  Also in today’s newsletter, Putin’s Ukraine proposal and Maga Catholics seek ‘Trump-like’ pope
  
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• What would a US tariff on chips look like?

  23-04-2025 06:00
  A component levy on foreign-made semiconductors would function as a major tax increase on electronics sold in America
  
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• The Chinese factory jobs Trump wants to bring back

  23-04-2025 06:00
  Manufacturers struggle to attract young workers for physically demanding roles with long hours and low pay
  
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• Pharma bosses call for higher drug prices in EU to counter tariff threat

  23-04-2025 06:00
  Novartis and Sanofi CEOs push for European benchmark against US prices
  
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• China and Brics will ‘defend’ global order as Trump withdraws, Brazil says

  23-04-2025 06:00
  Developing nations are ‘main defenders’ of global diplomacy, argues president’s top foreign policy adviser
  
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