International - Financial Times - Credit Squeeze

US president suggests reduction to 80% as Beijing announces increase in global exports

Pact lacks clarity in many crucial areas, say trade experts and industry bodies

With three or even four significant wars raging, who can doubt the dangers of this period?

Small businesses carrying out ‘damage control’ following Trump’s tariffs

Dax index becomes first major European benchmark to recover all losses sparked by US tariff threats

US president stakes out position as Treasury secretary heads to Geneva for negotiations

No president is immune to the tides of history

Diplomats say pact’s provisions on strategic sectors is template for Washington

Donald Trump’s tariffs are catalysing price increases up and down the aisles. Will consumers swallow them?

Andrew Bailey believes agreement is ‘good news’ but warns that uncertainty is clouding business decisions

Gulf states estimated to manage 40% of world’s sovereign wealth

As the president launches a trade war, follow the latest on tariffs and executive orders

Government’s haste in striking limited US deal risks missing out on better terms

And Taiwan’s currency

White House and Downing Street celebrate tariff cuts but critics warn of a thin agreement that could face legal challenge

Also in today’s newsletter, Musk is ‘killing the world’s poorest children’ says Gates and a profile of the first American pope

Vice-premier with close links to leader seen as ‘more difficult interlocutor’ for Washington

Tech, trade, finance and military policies are mingling in a manner not seen during the neoliberal era

Number of visits to southern trading partner rises amid disgruntlement over Donald Trump’s policies

Stefanie Stantcheva’s economic survey of US citizens deserves the acclaim it has received