Economy news

• Mandelson slammed as ‘moron’ by Trump adviser after being named US ambassador

  20-12-2024 19:47
  
  Criticism from Chris LaCivita, the campaign strategist who helped secure former president’s re-election
  
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• China steels itself for Trump turmoil with ‘DeepSeek’ congress

  13-03-2025 01:48
  
  Language at annual session of parliament indicates Beijing’s shifting priorities amid AI breakthroughs and US tariffs
  
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• FirstFT: US to bolster defence against Chinese cyber attacks

  12-03-2025 23:15
  
  Also in today’s newsletter, the latest on the war in Ukraine and India boosts oil and gas exploration
  
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• Eggciting news

  12-03-2025 20:48
  
  The American egg shortage is lifting
  
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• Blackstone and Goldman Sachs CEOs see upsides to Trump’s policies

  12-03-2025 19:58
  
  Comments from Wall Street bosses come as president’s import tariffs fuel US recession fears
  
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• The ‘critical minerals’ rush could result in a resource war

  12-03-2025 18:47
  
  Labelling justifies a preference for strong-arm tactics over co-operation
  
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• Blackstone and Goldman CEOs back Trump as tariffs fuel US recession fears

  12-03-2025 18:21
  
  Wall Street bosses praise president for engaging with business leaders and moving to reduce regulation
  
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• EU and Canada retaliate after Trump’s metals tariffs take effect

  12-03-2025 17:39
  
  Brussels and Ottawa hit tens of billions of dollars' worth of US imports with levies
  
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• Canada cuts rates as trade war shakes consumer and business confidence

  12-03-2025 16:46
  
  Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effect
  
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• US inflation fell more than expected to 2.8% in February

  12-03-2025 15:58
  
  Figure bolsters case for Fed to cut interest rates amid signs of slowing economic growth
  
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• Mar-a-Lago Accord, Schmar-a-Lago Accord

  12-03-2025 15:12
  Anatomy of a bad idea
  
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• Bank of Canada cuts interest rates to 2.75%

  12-03-2025 15:11
  Seventh consecutive reduction comes as US tariffs create economic uncertainty
  
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• Starmer says he is ‘disappointed’ by US tariffs on UK steel

  12-03-2025 14:59
  PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measures
  
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• US inflation falls more than expected to 2.8% in February

  12-03-2025 14:05
  
  Figure bolsters case for Federal Reserve to cut interest rates amid signs of slowing economic growth
  
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• Chinese authorities summon Walmart executives over Trump’s tariffs

  12-03-2025 13:20
  
  Move comes after reports that US retailer asked its suppliers to cut prices in response to US levies
  
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• FirstFT: EU retaliates to US tariffs on steel and aluminium imports

  12-03-2025 12:02
  Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bosses
  
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• UK seeks ‘pragmatic’ deal with US to avoid future tariffs 

  12-03-2025 11:00
  
  Decision not to impose retaliatory levies signals break with EU approach
  
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• Amazon, Google and Meta support tripling of nuclear capacity by 2050

  12-03-2025 10:54
  
  Tech groups join call for new power stations to meet growing energy demands and combat climate change
  
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• Lagarde says ‘impossible’ for ECB to always meet inflation target

  12-03-2025 10:06
  
  Central bank likely to miss 2% goal more often in future due to ‘exceptionally high’ uncertainty
  
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• Lagarde says ‘impossible’ for ECB to always guarantee 2% inflation

  12-03-2025 10:06
  
  Potential price pressure from trade war and debt-fuelled borrowing add to uncertainty, president warns
  
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• Uncertainty, a slowdown, or more

  12-03-2025 07:30
  
  More on the sell-off
  
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• Why Poland is still pushing for more EU-wide defence funding ideas

  12-03-2025 07:00
  Also in this newsletter: A fresh push to charge Europe’s chip industry
  
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• Trump’s tariffs war offers some global steelmakers a boost

  12-03-2025 06:00
  
  Measures designed to protect the struggling US steel industry could also help a cohort of global producers
  
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• The unlikely winners from Trump’s steel tariffs

  12-03-2025 06:00
  
  Measures designed to protect the struggling US steel industry could also help a cohort of global producers
  
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• The team behind Trump’s economic shock therapy

  12-03-2025 06:00
  
  The US president’s officials are standing by their strategy to remake the world’s largest economy
  
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• The railway that China hopes will take on the US in Africa

  12-03-2025 06:00
  
  Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreat
  
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• The ‘freedom’ railway: China’s plan to take on the US in Africa

  12-03-2025 06:00
  
  Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreat
  
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• The ‘freedom railway’: China’s new plan to take on the US in Africa

  12-03-2025 06:00
  
  Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreat
  
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• Japan struggles to adapt to an era of rising prices

  12-03-2025 06:00
  The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companies
  
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• Trump’s 25% steel and aluminium tariffs take effect despite recession fears

  12-03-2025 05:01
  
  Levies also set to apply to most derivative products such as tennis rackets and air conditioning units
  
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