International - Financial Times - Credit Squeeze

Senior Fed official helps ease market jitters by signalling readiness to act if market strains grow

But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets

An end-of-week inbox raid

International visitors stay away as political and economic tension and fears of a hostile border rise

Officials around the world are dashing to diversify their economies. But the fight between the US and China casts a long shadow

US central bank prepared to act with ‘various tools’, Susan Collins says

The former hedge fund manager is being asked to lead negotiations with foreign governments amid America’s self-inflicted hit

European finance ministers discuss response to US trade moves

Chancellor welcomes striking official data as allies set out ‘four-pronged response’ to Trump tariffs

To weather Trump’s global storm, Beijing’s economic strategy must evolve

President’s trade war likely to raise unemployment and slow economic growth ‘considerably’, says John Williams

Beijing accuses Trump of violating ‘basic economic laws and common sense’ as it announces tit-for-tat rise in duties

Going back to the 1990s is not going to fix what is broken globally

Parking money in America is no longer the routine, fuss-free, neutral option

FCA’s preliminary approval comes as the fast-fashion company faces challenges from Trump’s tariffs

Chinese clean tech stocks have risen since the US president’s latest announcement on levies

Also in today’s newsletter, OpenAI slashes AI model safety testing time and Pentagon terminates $4bn of consultancy contracts

Neighbours have been taking advantage of my generous nature for far too long: it’s time for tariffs

Figure comes as Rachel Reeves contends with impact of Trump tariffs