International - Financial Times - Credit Squeeze

The country’s windfall from overseas drug companies was aided by the US president’s own tax bill

Big investors warn of risks to world’s largest and most liquid bond market from US president’s attacks on central bank

Also in today’s newsletter, former Big Four bosses launch rival firm and Davos founder accused of manipulating research

America cannot offer enough aid, green technology or new market access to mould the world trading system

Beijing’s response to Donald Trump’s tariffs intensifies battle to control supply of commodities vital to high-tech sectors

The arguments are believed more widely than the Maga camp, but that does not make them any more right

Treasury secretary denies reports Washington will make unilateral cuts to tariffs

New CEO Justin Hotard was speaking as Finnish company announced sharp fall in first-quarter profits

Our case is about whether America is ruled by laws or political whims

Demand for US assets cannot keep up with supply without a weaker currency

The theory is that hegemonies run in cycles, but Trump and a trade war may disrupt the pattern

Owners say American customers have cancelled or suspended orders

The renowned economist issues a timely warning that the threat to America’s currency comes from within, in the shape of a growing debt mountain

Prime minister and European Commission president expected to hold talks on sidelines of London energy summit

Industry warns that trade disruption will raise prices for hospitals

An America First foreign policy is impossible without it

Analysts say key AI component supplier overtook South Korean rival Samsung in Dram memory in first quarter

First-quarter data highlights economic weakness just as Seoul launches tariff talks with US

President’s latest retreat follows intense lobbying by industry executives

Beijing steps up efforts to woo Brussels as 145% tariffs imposed by US seal off its biggest market