International - Financial Times - Credit Squeeze

As the president launches a trade war, follow the latest data on imports, exports and trade balances

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

Figures show record $24.2bn raised from the levies in May but highlight potential for distortion to global trade flows

Figure leads investors to scale back bets on interest rate cuts and helps push Wall Street stocks to record high

European Commission president aims for less detailed ‘agreement in principle’

Rebound driven by increase in domestic business and consumer spending, S&P Global says

Also in today’s newsletter, China hits out at Vietnam trade deal, and how Goldman won the Fed’s stress test

RIP FAIT. We hardly knew ye

The least expensive policy by far is to give the country enough now to win the war

US president’s focus on punishing ‘trans-shipment’ of goods draws Beijing’s ire

President Lee Jae Myung says Seoul is ‘doing its utmost’ to secure an agreement

Plus car sales

Also in this newsletter: European parliament gears up for no-confidence vote in von der Leyen

Washington had limited exports of semiconductor design software in tit-for-tat over trade talks

Cash-strapped Islamabad tries to stave off trade tariffs and deepen ties with White House

People’s Bank of China asks for tips on fighting ‘Japanification’ amid low inflation

Policymakers at central bank fret that a surging currency increases the risk of inflation undershooting

Billionaire hedge fund manager Ray Dalio sounds the alarm

US trade officials are seeking narrower deals before Trump’s tariffs come back

President says Vietnamese exports to US will be subject to 20% levy