International - Financial Times - Credit Squeeze

Also in this newsletter: Meloni’s Starlink deal with Musk draws ire

Fast fashion group was targeting London listing in first half of 2025

Trump’s fire hose of policy changes could make companies more cautious on spending and investment

Beijing’s action against clothing maker PVH and biotech company Illumina underlines risk created by trade tensions

Brazil, India, Japan, Canada and EU at risk, warn White House officials

Talks with Indian leader followed US president’s plan to impose reciprocal tariffs on trading partners

A look at tariffs outside the US

Head of Paris-based stock exchange says shock of new US administration is forcing competitiveness gap to be tackled

Also in today’s newsletter, Apple teams up with Alibaba to develop AI in China and Elliott builds a 5% BP stake

Business leaders believe US president needs Mexican manufacturers to win battle with China

Finance chief’s caution comes as company revises cash flow guidance upwards

With apologies to John Maynard Keynes

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Plus markets and the constitutional order

Government should consider handing over inflation target to BoE and issue more index-linked gilts

Neither international nor domestic courts on their own will stop the US president’s destructive tariffs

India’s prime minister expected to offer tariff concessions and power purchases at meeting in Washington

Figure bolsters case for Federal Reserve proceeding slowly with interest rate cuts

Wholesale prices have doubled over the past year as culls to stop spread of virus prompt shortages and rationing

Despite Javier Milei’s pledge to dollarise the economy, the national currency is having a resurgence