International - Financial Times - Credit Squeeze

Carmaker maintains full-year forecast and anticipates some tariffs to be rolled back as a result of negotiations

Re-entering the prediction matrix

Surge in the single currency against the dollar this year is becoming a concern for exporters

Strong start to earnings season and market sell-off make repurchases attractive, as trade war weighs on corporate outlook

Vas Narasimhan argues potential US tariffs on the pharma sector are not ‘sensible’

Greater internationalisation of the euro requires a more resilient financial system for the region

Washington dispatches Treasury secretary Scott Bessent to meet Chinese counterparts in Switzerland

US president counters Canadian prime minister, saying ‘never say never’

Britain makes concessions on Indian access to employment markets in exchange for cuts to tariffs on whisky and cars

London to offer concessions on digital services tax in deal that could be agreed this week

China and others must think afresh as the US steps away from its role as balancer of last resort

Bloc’s latest package of measures targets more than 20 businesses it accuses of helping Moscow evade restrictions

As the president launches a trade war, follow the latest data on how markets react and how the country’s economy is performing

Italian group’s chief says order book has not weakened despite price increases of up to 10% on some models

Also in today’s newsletter, how corporate America lobbied against the president’s tariffs

Surveys of consumer sentiment tell us something, but no longer much about economics

Asymmetry in trade relationship suggests Trump has the upper hand in negotiations

Also in today’s newsletter, Merz’s succession thrown into doubt, and China positions as a ‘champion of globalisation’

Progress on narrowing gulf between best and worst performers has fallen short of targets

Region has little appetite and little chance of boosting links with Beijing further