Economy news

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• US stocks end slightly lower after day of turbulence on Wall Street

  07-04-2025 22:08
  
  Investors continue to assess tariff risks after heavy sell-off last week
  
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• US House panel probes whether DeepSeek used restricted Nvidia chips

  17-04-2025 00:21
  
  Lawmakers say the Chinese AI group is a ‘profound threat’ to national security
  
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• FirstFT: Nvidia blindsided by Trump’s new China chip controls

  17-04-2025 00:02
  Also in today’s newsletter, US imposes sanctions on Chinese refinery, and China’s strong first-quarter growth
  
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• Trump’s tariffs put Fed’s jobs and inflation goals at risk, says Powell

  16-04-2025 20:28
  
  US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’
  
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• Trump tariffs put Fed’s jobs and inflation goals at risk, Powell says

  16-04-2025 20:28
  
  US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’
  
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• US engaging on global tax deal despite Trump’s defiance, OECD says

  16-04-2025 20:19
  
  Landmark agreement to reform corporate tax for tech and multinationals is struggling to move forward
  
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• US places sanctions on Chinese refinery over Iran oil purchases

  16-04-2025 20:17
  
  Trump administration accuses Shandong Shengxing Chemical of buying crude as it increases pressure on Beijing and Tehran
  
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• Tariffs could put Fed’s inflation and jobs goals at odds, Jay Powell says

  16-04-2025 19:31
  
  Central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’
  
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• Asia’s straining middle class

  16-04-2025 18:59
  
  For sustained income growth, policymakers must bolster economic resilience
  
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• Nvidia blindsided by Trump’s curbs in multibillion-dollar blow to China sales

  16-04-2025 18:46
  
  US chipmaker reveals $5.5bn impairment, while full hit to China revenues could surpass $10bn
  
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• US tariffs will make global trade shrink, says WTO

  16-04-2025 18:25 via bbc.com
  
  The Geneva-based institution says American tariffs will send international trade into reverse.
  
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• US consumers rushed to buy cars ahead of Trump’s auto tariffs

  16-04-2025 18:13
  
  Vehicle sales jump in March before implementation of steep levies
  
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• Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

  16-04-2025 18:13
  
  Chipmaker leads declines as Wall Street sell-off reignites
  
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• Chinese tea firm Chagee aims for $400mn New York IPO despite tariff war

  16-04-2025 17:49
  
  Maker of ‘teaspressos’ and ‘teapuccinos’ could be second-biggest Chinese listing in US in more than three years
  
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• Chinese tea chain Chagee aims for $400mn New York IPO despite tariff war

  16-04-2025 17:49
  Maker of ‘teaspressos’ and ‘teapuccinos’ could be second-biggest Chinese listing in US in more than three years
  
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• Bank of Canada holds policy rate at 2.75%

  16-04-2025 16:34
  
  Decision comes as country faces economic uncertainty from US trade war
  
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• Live Q&A: How has Trump changed the world order?

  16-04-2025 16:01
  Ask questions to FT journalists on the changing trade, economic and geopolitical relationship between the US and its allies
  
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• US-China trade war risks dragging the world into recession, warns WTO head

  16-04-2025 15:05
  
  Ngozi Okonjo-Iweala says dispute could ‘force countries to choose’ between the two trading partners
  
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• Trump tariff war to slash North American exports by 13%, warns WTO

  16-04-2025 15:05
  Ngozi Okonjo-Iweala says US-China trade conflict could ‘force countries to choose’ between the two
  
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• California to sue over Trump tariffs, state governor says

  16-04-2025 13:54
  
  Gavin Newsom argues that duties will lead to job losses and higher prices
  
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• Gavin Newsom says California to sue over Trump tariffs

  16-04-2025 13:30
  
  State governor says that duties will lead to job losses and higher prices
  
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• UK inflation rate has fallen. Here's why it won't last long

  16-04-2025 13:22 via bbc.com
  
  Economic uncertainty globally and in the UK means there are conflicting forces at play with prices.
  
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• Trump’s ‘reciprocal’ tariffs would be debilitating for poor nations, UN trade body warns

  16-04-2025 13:00
  Also in today’s newsletter, being a member of the Net-Zero Banking Alliance just got a heck of a lot easier
  
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• Donald Trump’s gift to globalisation

  16-04-2025 12:52
  Not since the crash of 2008 has free trade held the moral and intellectual high ground
  
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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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• FirstFT: Nvidia takes $5.5bn hit from US clampdown on chip sales to China

  16-04-2025 11:43
  
  Also in today’s newsletter, Jamie Dimon warns of risk to US’s credibility from trade war and China reports robust growth
  
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• Submit your questions: How has Trump changed the world order?

  16-04-2025 11:18
  
  FT journalists will answer your queries on the changing trade, economic and geopolitical relationship between the US and its allies
  
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• EU warns over unsafe cosmetics imported from China

  16-04-2025 11:06
  Bloc registers steep rise in products purchased online not meeting safety standards
  
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• Japan set for ‘guinea pig’ trade talks with US after Trump’s tariffs

  16-04-2025 10:27
  
  Tokyo first in line for negotiations that will be closely watched as test case of Washington’s trade war strategy
  
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• UK inflation falls more than expected to 2.6% in March

  16-04-2025 08:01
  Figure comes as Bank of England awaits economic impact of US tariffs
  
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