International - Financial Times - Credit Squeeze

US president’s ultimatum has pushed New Delhi towards a broader realignment on trade

Tesla gives up all its post-election gains as tech-focused Nasdaq Composite sinks 4%

Shoppers continued to cut volume of goods they purchased in February, industry data indicates

Canadian province’s decision will affect 1.5mn households and businesses in Michigan, Minnesota and New York

New prime minister must still convince Canadians he can deal with the US president

Executives seek more predictable long-term rules after executive order whirlwind on climate, LNG, drilling and wind

Shipbroking group blames military conflicts for fall of more than 20% despite record results

Gold-adjusted GDP forecasts. Really!

It will not go down well for US markets or for relations with traditional allies

The US’s tariff policy evokes bafflement as well as fear

‘Triple negative’ puts world on course for ‘civilisation doom’, says environment minister

Also in today’s newsletter, Ford to inject more than €4bn into its German subsidiary and shadow war in the Baltic Sea

Beijing’s retaliatory measures target $22bn of agriculture products as well as timber

Why advanced economies are struggling to build; how Britain can boost growth; plus books on inequality and poverty

Economy faces ‘frog in a pot’ problem unless infrastructure and innovation improve urgently

FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wisely

Financial stress is forcing reform and recovery in many overlooked countries 

Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumers

The property crash and trade war are taking their toll

Moscow hardens stance as vehicle imports targeted by western sanctions overwhelm local market