International - Financial Times - Credit Squeeze

The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companies

The US president’s officials are standing by their strategy to remake the world’s largest economy

Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreat

Measures designed to protect the struggling US industry could also help a cohort of global producers

Senior European executive of world’s largest carmaker also warns of more turbulence for the sector

U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effect

Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile session

US president’s tolerance for tariff-induced stock falls may be higher than anticipated, say investors

The continent is an economic superpower but it now has to mobilise in defence of democracy

PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade war

Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appear

Also in today’s newsletter, US-backed miner seeks to develop Ukraine lithium site and OpenAI forges near-$12bn contract with CoreWeave

Plus Germany’s fiscal space and European equities

From drones and robots to driverless trucks, a look at the technological changes in logistics

Volatile pay is surprisingly prevalent in the British economy

Terminals increasingly look to robots amid rising demand

The sudden change in investors’ growth expectations for the three largest economies is upending many consensus trades

Logistics networks are becoming ever more complex and brittle

US tech group awaiting approval to start flying packages to customers’ doorsteps in northern English town of Darlington

Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private equity